Wednesday, Dec 25, 1889 [?] no snow, no ice and balmy air, the mercury [?]. Downing and I went over to examine the [?] intending to build on in the upper end of the [?] and bright as May and along the whole range [?] a particle of snow was to be seen. We found [?] the house when we returned. They were spending [?] in Kingston and went back to dinner. We dined [?] Downing went down to Johns while I stopped [?] Sheffields of Saugerties have failed and Miss Sheffield told me about it. She said her brother had lost every thing, that she and the rest of the heirs were secured as to their original investment but that she and her sister in England had lost what they had saved in the way of stock, as I understood her. I feel very sorry for them all and tried to express my interest and sympathy. Their father started this business and they have carried it on successfully for nearly sixty years and they feel greatly humiliated at this disastrous failure which seems to have been the result of enlarging the mills and taking a partner who was supposed to have capital but who seems not to have had. After staying there half an hour I went down to Johns and spent the rest of the evening. When we returned the stars were shining brilliantly and the air was like a spring night.
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