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-2- takes care of packing and all other charges up to shipping. You must pay shipping and duty. In other words, the price of the Matisse is $4,444.44 plus $444.44, or a total of $4,888.88. The Money comes to $1,944.44 plus $194.44, or $2,138.88. The Vlaminck comes to $416.67 plus $41.67, or $458.34. It is my opinion, possibly erroneous, that all these prices are subject to pressure. The only one of the owners that I know is Marquis Hosokawa, who has extraordinary taste and judgement in the Far Eastern field and is a learned and cultivated man. In fact, it would surprise me to learn that he had bought a poor object in any line. Let me know whether or not you are interested. On Wednesday morning I am leaving for two to three weeks in Canada, where my address will be Island 1183 c/o Camp Ojibway Lake Timagami Ontario, Canada. I am sorry that things did not turn out better in Japan. With kindest regards, Sincerely, Howard C. Hollis