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RL:KP December 5th, 1933. [[checkmark]] The American Federation of Arts, 40 East 49th Street, New York City. Attention Mr. Charles Z. Offin. Dear Sirs: I am in receipt of your letter of December 4th, and upon reflection we have decided to reverse our decision in favor of continuing our 1 inch advertisement in the American Art Annual. Consequently, will you kindly go ahead, using the same cut as last year. We understand,of course, that a copy of the American Art Annual is included in the price of $12.50. Thanking you, we are Very sincerely yours, JACQUES SELIGMANN & COMPANY, Inc. By ^[[RS]]