Letter to Friedrich Engels, August 4, 1870

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MARX TO ENGELS

IN MANCHESTER

[London,] 4 August [1870]

DEAR FRED,

THANKS FOR the £40. Ditto the £5 received from KING COAL*1 for the INTERNA TIONAL.

As to the sale of SHARES, my view is as follows: They will go up again, but will then fall in the very near future, because the London STOCK EXCHANGE, inert for so long, is taking the opportunity for bankruptcies and this will have the same effect on the continental EXCHANGES SO that a mass of papers will have to be thrown on to the market.

As to Oswald's 'êtres',* I shall examine him on the subject today. Salut

Your

K. M.

P.S. Among the first victims of the war are the Lafargues and Schnappy.[1] Their cottage, in the [fortification] rayon,[2] will be torn down at the first unfavourable turn of events.

  1. Charles Etienne Lafargue
  2. Paul and Laura Lafargue lived in a suburb of Paris known as Levallois-Perret, on place de la Reine-Hortense, in the immediate vicinity of military fortifications.