This thread made me pull out my copies of EW's Daybooks. Nicely indexed, I re-read the passages where Strand was mentioned. It is clear that they met in NY where Edward saw Strand's photographs (no mention of Paul looking at Edward's, but I would be surprised if it did not happen) and 2) Edward considered Strand to be a most excellent photographer...the best he saw in NY.
All mention of Strand are positive and it appears to me that Edward saw Paul as his East Coast equivilent.
The quote in the OP must have been made before Paul and Edward met in NY, though I could not definitely confirm it from the Daybooks.
Vaughn
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