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MORTON R. GOLDSMITH 894 POST ROAD SCARSDALE, N.Y. 9/16, '36 Dear Mr. Levy- Unless something unforeseen occurs and on condition that Jacques Seligmann & Co. Inc. will assure me that my little Renoir water-color will be insured against all risks, I see no reason for refusing to loan you the picture just because the exhibition has been delayed. With cordial greetings Sincerely yours, Morton R. Goldsmith