Mar. 9, 1908. Mr. Malcolm S. Macak[sic] Nassau & Pine Sts., New York City. Dear Sir: I regret to say that we cannot let you have the Picture “Jerked Down” at your terms. When money world does right itself and if you then want a picture we will be glad to hear from you. If we should have a small picture that I think you would like I will let you know. It must be and oil I suppose. Sincerely yours,