(Due to arrive Melbourne 31.1.25)
Dear Mr. Bruce,
YOUR CABLE OF 27TH DECEMBER RE KYLSANT 
There is really very little for me to add to my two cables in reply.
On receipt of your cable on Saturday night, 27th December, I spoke to Kylsant in Wales on the telephone and caught a night train to Carmarthen that night, spent Sunday with him and returned to town on Sunday night.
You will realise why I sent two cables. The one addressed to you at the office was compiled by Kylsant and myself at his country place in Wales and represented word for word what he was prepared to do.  The personal cable to your house contained my interpretation of his attitude.  I pressed him to let me include in the first cable some indication of how far he would go in open competition with the Inchcape lines, but he was definite that I was not to make any mention of competition as having come from him, as he said that such a statement if it became known 'would damage him in several directions'.
I doubt if his offer will be satisfactory to you but it was the utmost I could induce him to do. I think the fact that he was willing to go as far as he did without any time for consideration or consultation with anybody indicates that he is generally favourable to the idea.
I am, Yours very truly, R. G. CASEY