January 21 Thursday – An amendment to the co-partnership agreement for Webster & Co. Was added. It gave Charles Webster the right to withdraw more of his share of the profits (save on Grant’s Memoirs), raised his salary to $3,000, and put the interest rate on Sam’s capital invested down to six percent from eight [MTLTP 170]. Note: the source does not say, but presumably the amended “No. 2” contract was signed this day.

Francis Wayland wrote again about Warner T. McGuinn — he’d given him $40 of the $75 Sam sent and was “keeping him sharply up to his work — the ‘scheme’ is working to a charm” [MTP].

Charles Webster sent the new contract agreed upon to Sam and “attached a copy of the old one and call it ‘Schedule A’”….This contract meets my views and yours as we talked it over” [MTP].