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UNIVERSAL CREDIT CORPORATION RS AUTHORIZED FORD FINACE PLANS DETROIT, MICH. ERNEST KANZLER PRESIDENT December 2, 1937 Mr. Rene Seligmann Jacques Seligmann & Co., Inc. 3 East 51st Street New York, N. Y. Dear Mr. Seligmann: Thank you for your letter of November 20th with reference to the group of works by Degas. We will drop in to see you at our first convenient moment. Very sincerely yours Ernest Kanzler prs ECK:MM