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Document number: 5554
Date: 23 Oct 1857
Recipient: COTTRELL George Edward
Author: TALBOT William Henry Fox
Collection: British Library, London, Manuscripts - Fox Talbot Collection
Last updated: 1st September 2003

<draft>

7 Eaton place South
Eaton sq.

G. Cottrell Esq/

L. 23 Oct /57 – I hve recd yr lr of Yests date wch shll recve my best attentn

I hve lookd at the W. Chron. & I find yt ironst. is quoted at 18/ pr ton and as being “firm” at that price with great demand –

I do not know what sort of ore is spoken of but I do not thk it can be better than my best sort. Th You estimate the cost of carriage to Staffordsh. by canal & rail at 9/ per ton. But suppose it shd be found practicable to smelt the ore at Seend? In that case the 9/ wd be <illegible deletion> reduced to 1/ or at to 1/6 at furthest. – (the distce by canal is 8½ miles) –

There is a prelimy point to be considd – I shd be willg to grant a lease for 14 or 21 yrs, to respons of a suffict quanty of ground, say 10 or 15 acres, well chosen wth respect to probable yield of ore, paying ^besides the royalty an agricultl rent, but only for the part actually occupied And So that with respect to the land not leased, If shd be at lib I though it advisable to sell that estate, I shd be unfettered in that respect as I am at present (not that I have any thoughts of selling at present, but wish to reserve the power) – It wd be of no advantage to the lessee to have rights over land beyond what he cd expect to work out in 14 or 21 yrs while it might be an inconvce to the lessor –

<expanded version>

7 Eaton place South
Eaton Square <1>

George Cottrell Esquire

I have received your letter of Yesterday’s date which shall receive my best attention –

I have looked at the Western Chronicle and I find that ironstone is quoted at eighteen shillings per ton and as being “firm” at that price with great demand –

I do not know what sort of ore is spoken of but I do not think it can be better than my best sort. Th You estimate the cost of carriage to Staffordshire by canal and rail at nine shillings per ton. But suppose it should be found practicable to smelt the ore at Seend? In that case the nine shillings would be <illegible deletion> reduced to one shilling or at to one and sixpence at furthest. – (the distance by canal is eight and a half miles) –

There is a preliminary point to be considered – I should be willing to grant a lease for fourteen or twenty-one years, to responsible of a sufficient quantity of ground, say ten or fifteen acres, well chosen with respect to probable yield of ore, paying besides the royalty an agricultural rent, but only for the part actually occupied And So that with respect to the land not leased, If should be at liberty I thought it advisable to sell that estate, I should be unfettered in that respect as I am at present (not that I have any thoughts of selling at present, but wish to reserve the power) – It would be of no advantage to the lessee to have rights over land beyond what he could expect to work out in fourteen or twenty-one years while it might be an inconvenience to the lessor –


Notes:

1. London.

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