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B  WJ/G/TP

December 23rd., 1932.

Dear Sir:

This is to confirm that we have cabled our Paris firm to insure the "Monument du Costume" by Moreau le Jeune, which is being shipped over as per your previous instructions, for the sum of Two Hundred Thousand Francs - (Frs. 200,000.).

Yours very truly,

JACQUES SELIGMANN & CO., Inc.

By,

George Blumenthal, Esq.,
50 East 70th. St.,
New York, New York.

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