Darwin, C. R. to Higgins, John
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Discusses lost investment opportunity.
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Transcription
Down Farnborough Kent
Oct
My dear Sir
I am very much obliged to you for your letter & plan. Had this property come
into the market a few months ago, I should have thought it most fortunate, &
perhaps it w
I followed a suggestion of yours (for which I am much indebted) & lent on mortgage to Grt. Northern, & part in B shares.—
With many thanks for your trouble | Believe me | My dear Sir | Your's sincerely | C. R. Darwin
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- f1 1594.f1
See letters to John Higgins, 18 March [1854] and 9 April [1854], for CD's initial plans to buy another farm. - +
- f2 1594.f2
CD's Investment book (Down House MS), p. 43, has an entry dated 19 July 1854 recording that the sum of £5000 was: ‘Lent to Grt Northern Ry *on mortgage [interl] at 4 14 per cent for seven years, interest payable on July 15th to Jan 15th — The last interest payable on July 15 th 1861.’ On the same day CD also purchased stock to the value of £10,100. He had previously, on 5 July 1854, purchased ‘B stock’ in the same company to the value of £4943 (p. 37).