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January 26, 1911. Dear Mr. Fry: I am just in receipt of yours of the 16th. The photograph has not yet arrived. I note that you expect to see the Holbein, am anxious to hear what you think of it. On receipt of this please cable me what you think of the two Paul Veroneses Knoedler & Company now have in this country: they came I believe from the Orleans collection, Cable your opinion, and also what you think they are worth. Sincerely yours, Mr. Roger E. Fry, Durbins, Guildford, England.