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Beginning of Page 3 NEW YORK, 355, FIFTH AVENUE.


PARIS, 2, RUE GLÜCK.


CABLE ADDRESSES KNOEDLER, LONDON. KNOEDLER, NEW YORK. KNOEDLER, PARIS. TELEPHONE 1373 GERRARD.


TELEPHONE 1292 MAYFAIR.

15, OLD BOND STREET, LONDON, W.

would never regret such a purchase, they would be a valuable heirloom for future generations of Fricks — Andy is here + is looking for a country place, his wife doesn't seem very well – I haven't shown him the Reynolds yet. I have hoped you would eventually send me word you wanted it and you ought to have it, it is superb and you would always love it. Don't harden your heart against the beautiful masterpieces we are fortunate enough to acquire + believe me we ^are entitled to the profit we have asked you, it is worth every penny of $150.000. for there have been no fine Reynolds in the market in 6 yrs, since Mr. Terrell bought his – You will forget the price as soon as paid, its glory and loveliness will be your for ever – You have no conceptions how scarce and high pictures End of Page 3