This manuscript letter opens with discussion of the Will of the late Aunt Margaret; Owen can draw the £500 now if he likes and whilst the reversionary interest in Aunt Margaret's property may be new to Robert Dale it is "very acceptable".
Discussion follows regarding Robert Dale's thoughts of Spiritualism. He writes he is unable to "admit, or to deny" that Spiritualism can be considered as an "unexampled facility of personal intercommunication, & exchange of thoughts" akin to the railroad or the telegraph. He explains to Owen that doubts he may have are not through "a lack of enquiry" as over 100 'sittings' have been held providing "extraordinary results". Owen is asked to ensure no mention of Robert Dale's investigations into Spiritualism is made in either the Millennial Gazette or elsewhere; Robert Dale only wishes people to know once his investigations are concluded.