The Old Journal only appears in the Alabaster Icelands during Request 82: "Traces of a Lost Village". It replaces the Torn Journal.
When picked up, the player reads the following passages from the journal:
September 1
It's hard to believe it's been ... years now since ...and I began living together in the ...lage. I was flipp... through my old journal entries today and ...ppened to be reminded of th... ...I met once...
In an odd way... reminds me of the... that I met that day... But I remind myself th... I live in the real world, not in a ...rld of old fairy tales. Surely such things c... be true...
January 3
Why did I do it? Why d... I have to remember that ...? Why speak of ... to my dear ...? I regret so m... ...t it's too late for reg... now...
...is gone. I have lost ... forever, I know it. ... disappeared, leavi... behind but th... driven snow... Oh woe, why did I ...er speak of it? If only I h... held my tongue, kept my ...ilence, I wouldn't have ever been ...ed to kno... such grief...
It cannot be read again from the satchel. The item disappears during the conversation with Mani at the end of the request.