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Has approved the draft minutes of the last (Cecil Houses) Finance Committee meeting. Encloses copies of correspondence with Mrs Gordon Phillips and Mrs Chesterton. He spent Christmas in Somerset, suffering from influenza.

Gives an account of yesterday’s (Cecil Houses) Finance Committee meeting, which concluded amicably.

Has settled his disagreement with Mrs Phillips and Mrs Chesterton, and has discovered the precise nature of Curry’s dealings with regard to certain stocks.

Encloses correspondence with Mrs Gordon Phillips (of the Cecil Houses Finance Committee). Is dissatisfied with her behaviour and that of Mrs Chesterton. Wishes to discuss the matter with him.