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....to ask you to keep your commission down as much as possible. It seems to us that 10% commission on all works above €150.-.- and 15% on all works under this sum could be agreed upon ?
  I think that it is our mutual interest to try and make this show an artistic and financial success, leading later to more important and financially efficient and activities.
  With kind regards,
    Yours sincerely,

Paris, February 9th.1934

Mr. Cecil L. Phillips,
Ernest Brown & Phillips Ltd.,
Leicester Galleries,
Leicester Square,
LONDON WC 2.
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