Thanks for Smith's letter of 13 [January]. Just recovered from severe cough and inflammation on the lungs, the same as last year which Mr Williams "wilfully" misdiagnosed. Surprised and upset by failure of [William] Roscoe's bank [Roscoe was a partner in the Clarke family bank, which failed in 1816]. Fears the country is in a "miserable state" and does not know what can be done to pay the nation's creditors. He has no rents and farms thrown "on hand", wishes that [Thomas William] Coke's tenant who "set a notable example of calling out his landlord" had been "more severely punished". Would be happy to see Smith's friend Mr Lane at Lympstone, [Devon].