Volume 75: James and William Macarthur business correspondence, 1823-1877: No. 080
may annually accrue to either William or myself, and as his personal expenses, in England, must unavoidably be much greater than ours here, his half pay, should not we conceives be taken into account as part of that Income. It has also occurred to us, in reflecting upon a proportion of yours, that should Edward wish to purchase advancement in his profession, he might raise the funds for that purpose in England, & gradually discharge the debt by means of his share of the net proceeds of the property here.
(2) A question may arise, as to the portion of the general proceeds that should be laid out in improving the property, or to form a permanent provision for my Mother & Sisters. But these most important considerations, may it is conceived, be better entered into, at a future time when there will be more account data to proceed upon, than at present.
8th May 1832