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COPY March 23, 1917.

Dear Mr. Marwick: Since your call this morning I have definitely decided that I could not pay the price that is evidently wanted for the Franz Hals. I suggested, as you know, thirty-five thousand Pounds, and that of course I expected to cover delivery here, so we will drop the matter. With thanks for calling my attention to it, I am, Yours very truly,


Mr. James Marwick, 79 Wall Street, N. Y.