, May 29th, 1915.
                                                   "2"
Durand-Ruel
 . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . price, because it is an important one of a size and a period which it is becoming daily more difficult to buy, and because at the present rate of the increase in prices of Renoirs, it will probably double in value within the next year or so, and certainly the article which I have in mind to write about Renoir will probably have the effect of putting Renoirs prices on a par with the works of Degas.

                   But the painting is so large that I cannot find a place for it in my house without making the room appear overcrowded with large paintings.

                                                        Yours truly,