remark was probably made with the idea of impressing me in a forcible manner with the reasons why you had increased the prices of Renoirs in which I had been interested.
My offer to sell the portrait of the boy on the basis of that fifty per cent increase was pure bluff on my part, made with the idea of calling what I considered your Mr. Durand-Ruel's bluff on the alleged willingness to pay me the stated increase in Renoirs which I would sell. In fact, I consider the portrait of the boy a very fine Renoir that I am glad to have, and, indeed, I would not sell it for three times what I gave for it.
That paragraph of your letter of June 2nd, which refers to the Johgkind, two Vignons and a Boudin which I returned, to you does me an injustice. Three years ago you stated to me that paintings which I had bought from you
