Banks are being allowed by the Treasury Department to keep large portfolios of second-lien mortgages on their books at values close to those before the bubble burst. Why would a second lender agree to a settlement on a debt that is secured?
September 1, I wish to discuss a letter written by Jane Austen to her sister Cassandra on November 17 of This is the eleventh letter in the most recent edition of Jane Austen's letters published by Deirdre Le Faye and the tenth in the first collection of her letters published by her grand-nephew Lord Brabourne, The latter reference is available on line at the Brabourne Collection.
You won't need that link in this particular case, because I reproduce the entire letter for you at the end of this posting. Let me begin with an observation: If Goethe himself or even if one of the Russians had written this letter for a fictional character, he would have been very proud of himself—and for good reason.
I find the letter to be very interesting and very affecting and I suspect that you will as well.
Several biographers point to the most important passages in the letter, the ones dealing with her meeting with Madame Lefroy, but I want to do something more. I will discuss those in the context of other passages in the letter because only in that way can the full impact be felt.
First I must provide some background. Jane Austen was twenty-two years old, and a month shy of her twenty-third birthday. The family home was still at Steventon at this date and Jane was writing from there. Cassandra was visiting their brother's estate "Godmersham" in Kent. To an Englishwoman of this time, it must have seemed that her world was coming undone.
Jane's "sailor" brothers were at war with the French and the names of Napoleon and Nelson were much in the news however, their greatest moments were yet to come. This was the end of a five-year period of bad harvests, financial crises, and there was a good deal of social unrest—there was talk of revolution.
The King was demented and that was becoming public knowledge.
Public matters were all a mess. In contrast, Jane herself was nearing the end of her first great creative period. She had completed the first draft of Pride and Prejudice nee First Impressions in the previous year and her dad had offered it for publication at that time.
It is important for what I have to say to note that this offer was turned away by the publisher.
In that same previous year, she had begun the conversion of Elinor and Marianne from its epistolary form into the manuscript we know as Sense and Sensibility. In the same year as the letter,she had written the first draft of Susan which later became Northanger Abbey. Again, it is important to notice that the eleventh letter marks the end of this productive period and she would not have another burst of creativity for nearly a decade.
That observation alone should arouse your interest in the eleventh letter even if nothing else does. The more significant portion of background information is of a personal nature and so let us turn to that.
Everything relevant to our discussion evolves from Jane Austen's friendship with a neighbor, Mrs. Anne Lefroy was the wife of the Rector of Ashe, an Oxford man of good family and pleasing manners.
The wife was known in the neighborhood as "Madame" Lefroy out of respect for her considerable charm and as an acknowledgement of the impressive connections in both her family and in that of her husband. Madame was generous, vivacious, energetic, kind, and liberal minded [ HonanChapter 3].
This was a woman much admired by her neighbors. And, admired by you and I as well because she chose to make Jane Austen her particular friend even though "Madame" came from the same generation as Jane's mother. Everyone in Jane's family recognized and applauded Jane's talents, but here was a literate outsider who saw what might be in store for our culture, and that was confirmation indeed.
Tom Lefroy Fateful events took place in late and earlynearly three years before Jane would write the eleventh letter.
Madame's husband had a brother who commanded the 9th Light Dragoons, and this brother had a handsome son, Tom Lefroy.
Tom had a single, important benefactor, his Grand-Uncle Benjamin Langlois who was, in fact, Madame's uncle.The Schools That Teach tour was created by Governor Tom Wolf to celebrate the incredible teaching and learning taking place in Pennsylvania classrooms every day. Nov 30, · Please register to participate in our discussions with 2 million other members - it's free and quick!
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