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RML:R

December 20th, 1937

Dear Mr. Rosenthal:

I am in receipt of your communications of December 17th and 18th, and hasten to answer them in an attempt to straighten out our difficulties as quickly as possible.

I note that in your first letter you are somewhat upset by the delay caused by obtaining an insurance certificate from Lloyd's. I can, of course, readily understand and am sympathetic with your disappointment with the delay which this will cause, but at the same time it is a necessary factor in the negotiations, and I presume that you will have attended to this immediately so as to minimize the time needed.

I am having copies made up of the correspondence which you sent me regarding previous negotiations, and will forward the originals to you within a very few days.

Referring to your letter of December 18th received this morning, I am a little bit confused by your objections to the billing of the drawings. To quote from your letter, you say, "I have no objections against the drawings being billed by your firm, following which you proceed to insist that the purchaser's checks should be made out to you or to one of your bank accounts, which in a way is a contradiction in terms. As I explained to you in my last letter, it is inconceivable that any of our customers with many of whom we have had dealings for well over thirty years, should be willing to do such a thing, and certainly they would be perplexed by such a proceeding.

May I point out that your terms regarding the billing of the drawings are really unacceptable for the reasons I have already given you and for others which I shall state, and at the same time, I cannot believe that it is a question of lack of trust on your part either for me or my firm, otherwise you certainly would have never started negotiations with me or my firm in the first place.

t.s.v.p.

GS