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Part: 12 Session: 145678910111213141516171819202122 Page 599600601602603604605606607608609610611612613614615616617618619620621622623624625626627628629630631632633634635636637638639640641642643644645646647648649650651652653654655656657658659660661662663 of 999
Chicago.
What was the occasion for that?
Well, the University of Chicago had very graciously named a chair in honor of my husband, and I knew that they had a three hundred million dollar fund-raising drive, and I said I was not going to give any cash to them, because they hadn't been very -- they had gotten a lot of money from my husband, in my opinion, and had used it poorly, but I thought that the people who had been so nice as to think of naming a chair in his honor should receive something, and so I gave them a Rothko, which they could sell or not as they pleased.
Which is very valuable and didn't have any strings.
Yes, they could keep it or sell it.
Didn't have any strings attached.
And worth a hundred and eighty thousand dollars. So they could get rid of it if they wanted.
Your tax on the French Impressionists must have been pretty high?
Immense. Immense. But I was able to --
Twenty-five percent?
Fifty.
Fifty percent?
Yes, but you can take some deduction by giving money, you
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