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notice; and that is mutual on my part, I hope that every action of my life towards you will fully confirm; and to say that both Mrs. Jones and myself entertain the sincerest friendship for you is only acknowledging inadequately our feelings towards you, the guidance of which alone has caused me to superintend with unceasing care our 'Joint Flocks;' and although the enjoyment of profitable return from one cause or other has been delayed beyond our first hope, yet the property cannot fail to be extremely beneficial, and we may now be considered to have entered upon the time to afford us a proper return for the Capital invested."

"I feel, in common with yourself, we were fortunate with the course the Wool Market has taken, in investing so deeply in such very expensive Sheep, - however, this cannot now be altered: I feel we have got over the worst of it, and may now look for an adequate return for our Capital invested.  The Sheep are all in one part of the Country, and with the possession of the land I wish to purchase, I do not expect we shall have occasion for any other establishment on their account; the Expenses will therefor not materially increase, whilst the Revenue will."

" I have shipped our Wool per Red Rover, to sail in a week hence; the Invoice of it (79 bales) is forwarded to D. and Co.; it is not so clean as I would wish, although on the whole pretty well got up.  I shall very soon look for the arrival of your Nephew, Mr Leslie; and you may be assured that nothing will be wanting either on my own or Mrs. Jones's part, to forward his views in life, and to direct him in the way his best friends would have him to go, for be assured, in everything relating to you, we take not only a lively but deep interest."

Richard Jones Esq. to W. S. Davidson, dated Sydney, 12th Aug. 1837: -
"Mr Leslie has been up at Carleroy, more or less since early this year ; but from one circumstance or other, the Sheep are not yet finally divided, though I hope this will be effected before long.  I am happy to tell you that they are doing remarkably well, and that we are likely to have a fine increase this year, in our respective Flocks."

Richard Jones Esq., to W. S. Davidson.
"Sydney, 22d March, 1838.
"I now send you the Accounts of the years 1835 and 1836, and simple as they appear in the form now transmitted, they have cost me much trouble in

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