—The affair marches. I have no doubt that on Friday next, when the weekly Court meeting of the Directors will take place, it will be settled, not formally, but fully amongst ourselves, that you shall be elected a Director as before contemplated.

Mr. Cowell, the Commissioner, and I have discussed the matter fully, even unto details. The leading Directors are quite in the mood. It is understood that in some way or other the Company shall advance all the expenses of forming the Society, and carrying it on. The next step, therefore, is to form the Society; and this is wholly your work. The reception of the project has been so favourable, that there will be nothing more for us to do till you shall be here. Then page 9we must put the whole scheme into the form of a correspondence for publication between the Society and Company.

Tou will want a qualification as Director, which is the holding of stock to the value of £500. This I am able to place at your service if you please to borrow it for the purpose.