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[[underline]] passage to the water. As far as basins or canals for yachts are concerned they all are liable with a rise of the waters of letting the boats escape [[/underline]] and get stranded on the low lands unless they be very well moored [[strikethrough]] with ^[[at]] four points [[/strikethrough]] and [[underline]] scope enough for allowing for a rise of 10 ft of water, [[/underline]] and moored for and aft. [[underline]] Even then they are not sure. [[/underline]]
[[underline]] April 2. [[/underline]] At anchor and sailing in Pram.
[[underline]] April 3 [[/underline]] (Sunday) Exploring [[underline]] Ragged ^[[Ragged]] Keys. [[/underline]] Splendid weather
[[underline]] April 4 [[/underline]] Went to [[underline]] Miami met Warwick, asks 7000$ for Avocet, [[/underline]] deliver at Tracys, feel much like buying her. Last night [[underline]] Gilpin [[/underline]] and Conn. [[strikethrough]] Munnroe [[/strikethrough]] [[underline]] Munroe came aboard.[[/underline]] Very interesting chat.
To night wrote long letter to George about prospective [[underline]] acquisition [[/underline]] 
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of [[underline]] Avocet [[/underline]] 
[[underline]] April 5. [[/underline]] Concluded to buy Avocet. So [[underline]] Warwick took [[/underline]] her to Tracy's dock, and I stayed aboard. Boat itself is all right but [[underline]] What a Mess inside! [[/underline]] Will need many alterations to make her more convenient and more cheerful. Received a long letter from [[underline]] George [[/underline]] where he answers my question [[underline]] whether I should sell [[/underline]] my stock in Bakelite if [[underline]] $600 [[/underline]] is offered to me. [[underline]] It is deliberate well worded very able opinion concedes again with mine. Felt very happy to read such a fine letter and particularly his statement [[strikethrough]] to [[/strikethrough]] which is my main thought that we have feelings of ethics which exclude merely looking at the money side of such a transaction a feeling which the average banker [[/underline]]