Holograph, signed "Your loving Father."

William Lloyd Garrison is pleased that Fanny Garrison Villard is going to the Vienna Exposition. Garrison hopes that she will tell him how it compares with the Paris Exposition of 1867. He discusses the last photograph that he received of his grandson, Harold Villard. Garrison writes: "There is still great stringency in the money market, all the result of a panic, and not of any real depreciation of property. It will soon pass away, and speculation and enterprise will take a fresh start." He tells Fanny not to let her German friends be deceived by the evidence of corruption in the government.