p.

R.W. Gilder
Editorial Department
The Century Magazine
Union Square New York

Oct 30. 1882.

My dear Stedman,
The ?fubs are
sending you a check,
an acct mere....
I have read every
word of the Emerson.
The first part - I was
a little afraid of - it
seemed to be addressed
mer.f to the Emerson
audience, & might not
be effecsion in indear-
ing said audience,
[?which] such a paper should do.
But it is all good