In this manuscript letter Reynolds writes at length of his disappointment in the slow progress, or "standstill", in the project to establish a co-operative community [in or around Birmingham]. Reynolds believes a major cause for this is due to Owen withdrawing his name from amongst those who the council appointed to progress the "social experiment". Had Owen not, then "the interesting and important work" would have commenced and become a key element of "the cooperative system".
Reynolds admonishes Owen for his behaviour, which he believes to be "eccentric and inconsistent in the highest degree". He continues, explaining at length of the favourable conditions to be found presently for the establishment of such a community and of witnessing the "anxious desire" among co-operators to get into the "promised land".