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[Page 301]

As the imperfect brand led Boyd into error as to the colt's age, I shall not send him to Sydney & shall not use your cheque, till you let me know whether you still wish to have him.

I am sorry there has been any misunderstanding about the horse.  I think him very cheap at 60 Guineas & one of the most promising young horses we have ever bred.

Faithfully yours

J. Macarthur

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