
This consists of a reply from Laura to Isabel.

This initial letter sets up the rest of Austen's narrative through Laura's letters to Marianne. Isabel argues that because Laura is turning 55, she is past the danger of "disagreeable lovers" and "obstinate fathers" (Austen 516). Isabel asks Laura to tell the "misfortunes and adventures" of her life to Isabel's daughter Marianne (Austen 516). This presents a glimpse into the life of Laura from Isabel's perspective. The 2016 film Love & Friendship is a film version of Lady Susan, borrowing only the title from Love and Freindship. The story shows the development of Austen's sharp wit and disdain for romantic sensibility, characteristic of her later novels. In form, the story resembles a fairy tale in featuring wild coincidences and turns of fortune, but Austen is determined to lampoon the conventions of romantic stories, down to the utter failure of romantic fainting spells, which always turn out badly for the female characters. This is clear even from the subtitle, "Deceived in Freindship and Betrayed in Love", which undercuts the title. Love and Freindship (the misspelling is one of many in the story) is clearly a parody of romantic novels Austen read as a child.
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The instalments, written as letters from the heroine Laura, to Marianne, the daughter of her friend Isabel, may have come about as nightly readings by the young Jane in the Austen home. It was dedicated to her cousin Eliza de Feuillide, known as "La Comtesse de Feuillide". Written in epistolary form like her later unpublished novella, Lady Susan, Love and Freindship is thought to be one of the tales she wrote for the amusement of her family.

They contain, among other works, Love and Freindship, written when she was 14, and The History of England, written at 15. These still exist, one in the Bodleian Library and the other two in the British Museum.

While aged 11–18, Austen wrote her tales in three notebooks. Love and Freindship is a juvenile story by Jane Austen, dated 1790.
