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[Page 244]

Sligo 29. October 1845

My dear Brothers,

I wrote to you yesterday enclosing
at the same time a Letter to our dear Mother. Today
I again address you and shall send my Letter to the Liverpool
Post Office, whence if the Colonial Gazette be right the
Packet for Sydney is to sail and I am the more par-
ticularly induced to address you, having been turning
over in my mind the actual Position of the Money
Market in England. In my two last Letters I intimated
that the Quantity of Capital required for the completion
of the many Lines of Railways in the United Kingdom
would prove an impediment to the Investment of
money in New South Wales, however much the diffusion
of that capital might tend to enhance the Price and
consumption of Colonial Produce by those who are
accepted in, or in some manner derive advantage from
these numerous public works.

There is now so much hazard in being concerned in them
and the public, thro' its organs the Press becoming more
and more sensible of the risk, that it is very possible

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