Delighted at Smith's speaking at Medical Society; encouragement. Dr Martineau thinks it better Smith does not attend apothecary's shop where he intends to settle down and to go to London before taking his degree. Encourages Smith's mixing with genteel society to give him a "polish". His friends all impressed with Smith's letters. His current trade accounts. Hopes change in government and ending of wars with America and Europe will improve conditions. Fears for sugar trade. Norwich news and winter weather. Discusses change of Ministers. Progress of Smith's brother, Richard. Skillful business conduct of Smith's brother. The family's evening conduct. Defends his use of the "out of fashion term", "loving".