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March 19th 1796 Dear Skelton I have the proposals of Mr. Swallow before me, and it is a matter of such serious concern that I don’t know what to say on the subject, from your letter to me it appears as if you thought their proposals <eligible>. The persons who are bound if any are to join with him ought to be persons of property and who are well known, he himself should be a man possessed of a great capital or he never can embark on such a great undertaking, for we may be drawn into a law suit in case he should fail, & too much care cannot be taken, what does the other party say on the Subject. Tell me fully what are your sentiments on this Business & how far our present income is in any way likely to be benefitted by this measure. I confess I think this matter of Ironstone would let at a much higher & perhaps better sale when the Navigation is opened & might bring more competition than now, and the cutting up of the Land would lessen the rent of that, & whether the advance of the other would in the end repay the deficiency of the other, & the Wood would be much injured. There are so many lights to take this in, and so many Years they wish to bind me to, that of renewal for nine Years, that it appears giving them possession for that term, <& as we> are soon to have a peace, that & any other commodity in <life> (and more especially Iron there will be a great demand for, and the conveyance will be <easy>,) will all find their level, I feel great reluctance in signing a contract of that great concern – I wish you would put down my Name for Mr. <Currs> Book he sent me a paper & the subscription is £2. 2d What have you done about the Wood? I am happy to say Mrs Beaumont & the Children are all well – I am Yours sincerely Tho. Rd. Beaumont Enclosed I send you a letter from Mr. <Lodge>, & I will thank you to tell him I cannot appoint him to the School, as there are many who have made prior Claim to him. [annotated at top, possibly in Skelton’s hand:] <Farnaces> Ironstone &c, for John Sinclair’s <I…aBill>, Greaves’ Bill, & lead Pays. Kexbo Buildings, Shaws do - <Cr..heath>
