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[[left side]]
plain to me—  I never had to think so hard and fast before, about what to do and how to do it—  And the fact that these business matters came at a time when I was using all the sence I had to get us home from our trip and into new places - is the only excuse I have for making such a dreadful blunder—   About that City or Town property in Iowa that you speak of in the same letter  you say it will be a "$700 mtge"  And that I can "send you a cheque for $40, or whatever it may be"—  I confess I dont quite understand this but until you tell me more explicitly guess I wont send the cheque—   As you are not going to have to send anything for May but to pay yourself $85 instead as far as I can see the $35 is all that will come out of the $500. you sent me which will leave $535. of the $1000.    I now have $365. left on my first letter of credit - And have drawn for myself- $890.  This includes the $214- for the Italian trip 3 months studio rent 

[[right side]]
and 6 months furniture 11—   My lodging here including Service, but not (underlined) fire nor light (underlined), will be, $6.60 a month - that is $39.60 up to June 1st.  We may have to spend more for food than we are spending now but with a broader calculation for living I shall spend for food, light, fire both here and at the studio $26.60 a month—  That is $159.60 in six months in all for living expenses $200.00 - 3 mos studio rent $22.50 which makes it Juliens if I go $30. more

$222.50
  30.00
————————
$252.50 

I have had to go to the Dentists - and shall have a bill there—  I have had three small soft fillings and the root of the tooth I left in Venice is being treated as it ached and would'nt be postponed and I had to attend to this too as well as the rest of it, these days.   Then of course I shall have to get frames material etc. and a few clothes. Shall have to go to England and my passage home—  I ought however taking all into consideration to have 

Transcription Notes:
[[I/we]] - unlcear which is written over