, June 3rd, 1915.


Durand-Ruel,
           New York, N. Y.

Dear Sirs:-

                    Your letter of June 2nd was written I presume when the writer was not feeling in the best of humor.  It contains several apparent misapprehensions on your part which I hasten to correct.

                    I have a very distinct recollection of your Mr. Joseph Durand-Ruel saying to me, thatwe were talking together at the door the last time I was in your place, that he would be glad to purchase Renoirs which I had bought from you at a fifty per cent increase.  I thought at the time that that