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[[letterhead]] [[trademark logo: US in circle with United States Rubber Company - Trademark - encircling US]] United States Rubber Export Co., Ltd. Exporters of the Products of United States Rubber Company AND Dominion Rubber Company, Ltd. 1790 Broadway New York, N.Y., U.S.A. CABLE ADDRESS RUBEXPORT NEW YORK CODES GENERAL,PRIVATE GENERAL IMPROVED BENTLEY'S [[/letterhead]] July 2nd 1935 Jacques Seligmann & co.Inc. 3 East 51st Street, New York, N.Y. Attention of Mr. Leon Loeb. Gentlemen: We have your letter of July 1st, and we thank you for your offer, but we would not be interested in changing our present location in Paris. Very truly yours, [[signature]] John B. Tower m [[/signature]] John B. Tower DIRECTOR OF SALES JBT:FL [[printed]] ROYAL "TEMPERED RUBBER" TIRES [[/printed]]