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26.

Dear Mr. Joyce,

I am afraid we must, however regretfully, stand by what we said in our last letter.

If I knew you better I would implore you to put away these stories until the novel is finished, published and a success. That you should be discouraged is perhaps natural; but discouragement is a luxury which I find it less and less possible to indulge in.

I am afraid you think we have treated you badly, but if this is so I am sure you are mistaken; and although what we have done has been in our own interest it is also, although you may not see it now, in yours too.

As far as the novel is concerned, we will accept or refuse it within fourteen days of our seeing it — if, that is to say, you are willing to let us see it at all. Of course it would be subject to an entirely new agreement.

I am returning the manuscript under separate cover. Believe me, dear Mr. Joyce, Sincerely yours,

If Joyce answered this letter, his reply is lost.