SANFRANCISCO，CALIFORNIA，U。S。A。

September5，1933

HerrnMartinSchulse

Deutsch-VoelkischeBank

undHandelsgesellschaft

Munich，Germany

DearMartin:

Enclosedareyourdraftandthemonth'saccounts。ItisofnecessitythatIsendabriefmessage。GrisellehasgonetoBerlin。Sheistoodaring。Butshehaswaitedsolongforsuccessshewillnotrelinquishit，andlaughsatmyfears。ShewillbeattheKoenigTheater。Youareanofficial。Foroldfriendship'ssake，Ibegofyoutowatchoverher。GotoBerlinifyoucanandseewhethersheisindanger。

ItwilldistressyoutoobservethatIhavebeenobligedtoremoveyournamefromthefirm'sname。Youknowwhoourprincipalclientsare，andtheywilltouchnothingnowfromafirmwithaGermanname。YournewattitudeIcannotdiscuss。Butyoumustunderstandme。Ididnotexpectyouwouldtakeuparmsformypeoplebecausetheyaremypeople，butbecauseyouwereamanwholovedjustice。

IcommendmyrashGriselletoyou。Thechilddoesnotrealizewhatarisksheistaking。Ishallnotwriteagain。

Goodbye，myfriend，

Max