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You're right, no tehtar. I'm no scholar on the timeline of Tengwar's development, but it appears at this point the vowels had standalone letters of their own instead (or at least in English mode?).
Tolkien would've had The Hobbit published this year, and just received his publisher's encouragement for writing a sequel around the time of writing this annual letter.
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...take counsel with thyself, and remember who and what thou art.
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