PAGE EIGHT

F nancial Notes

By NATHAN M. GROSS

Faminelal Editor of the Chronicle

BUSINESS AND FINANCE

A Modern Feud

By Ethel Taurog

FALLING PRICES TO
BRING PROSPERITY

Reply to
Henry Ford

President Emeritus of I larva rd Uni-
versity.

The Armenian phase of the meeting
complied by the Publicity Department
WAS preceded by a brief Armistice
of the Detroit Real Eatate Board
DACK in KishinefT, Morris Binder
7 he financial editorial is written by
U and Ephraim Slutzker had been they laughed simultaneously.
Inflation of currency exists when a
Day address by Dr. Nicholas Murray
War Record of American Jews Butler, president of the Columbia
Nathan M. Gross, tier-president of the staunch friends. Their parents had tended his hand to her. ''Let mr help government issues quantities of pope
Frderal Flood & Mortgage Co. Articles lived in the sante street; as little boys you across the street, it's vs
currency that are not based on valu r
Cited in Answer to Attack.
University, and followed by an ad-
allmonnion ',I
by Mr. Gross Will appear envy
r.
I
Itr.r1h1,1 r:on • Vononoril
eery
there.
Why
don't
you
seek
If It issues enough such in
knowl
'ear rub
I'lle edge a
■ 'atio.. 1,, Th.
week they had attended the Salne Chester,
dress on the same subject by the Rev.
Ne.
ork Tl meal
is the Chronicle, covering
With s'
crs. y, but you've grown,
,hie- becomes
becomes worthless—as in Russia to t .
more force , to pplies
Herbert Shipman.
domestic as and later they were both sent to the
a Inkines e s'
I day.
well as foreign conditions of stock Mar- same Yeshivah. They married two I would hardly have recogni zed
• • .
But that condition does no To the Editor of the New York Times:
to an Individual,
s th:
ket s, of finance. and general discussions
a it ,vasn't for that mischievo us bark and cannot exist in the L'nited States,
cousins, receiving a dowry of an equal
l
The chalenge
of The American BRITISH DECORATION
in your eyes. l'ou haven't or itgrown
of business prospects.
Decrease in bank deposits when ae- Hebrew to
sum. After their marriage, they that."
FOR
MORGENTHAU,
rceRil
Henry Ford, as publishes!
the ()rsuati.cletshseoff"a
companted
b works
opened a small dry goods store.
a proportionate reduc-
W A S 11 1 N G T ON—Sir Auckand
"I Irate rubbers, don't you •
a l. i tion m loans is a sign not of dis- in your issue this morning, should
from within are the mire
which the wives tended while their
e. o,iit,rhtaainsn ta.connT
Banker, these days are generally
ways slip out without puttin g them aster but of a return to more normal have the approval of every right- Geddes, the British ambassador, be-
m
t
l
ri
t
e
t
).1;
worthy spouses spent their days in
thinking citizen of this country, Jew stowed today the Grand Cross of the
optimistic—their belief being that the
inn when ma isn't looking. I thought and stable conditions.
tiorough gr
thorough
f lth
iii
the synagogue. Here, together with
or (lentils., or of any religion or de- Order of the liritish Empire upon
you were going to be taller.
recent liquidation in commodities and
You're
other members of the community,
rived
nationality.
The
unwarranted
Henry
Morgenthau,
fernier
American
Depression
is
Not
Panic.
taller than I am, though. l'i I k re
securities is about over for the pres-
they would study the ponderous He-
ent time at least, and that a great brew volumes, or spend their time you anywhere by your smile."
A depression is not a panic. A attacks upon an honorable element of ambassador to Turkey, in recognition
They reached the opposite corner. finannal panic is exactly what the American life, based upon forgery of services to British civilians and
The firm which anti rata is
tendency upward will be perceptive talking over the politics of the day,
and b i
this
gotry of the lowest order, by a miloary prisoners during the war,
and
Ire
asked,
"where
are
you
word
connotes—a wild, unreasonable
from now on They believe further Several years passed thus peacefully
going?
heal
millionaire in ignorance of basic
ri bnY:i:1:131:1; I:I:
that there will be a better feeling in until the occurrence of the awful po- I hate to see you walk' an. iC, yin scramble—and it is always the panic
by e
n-a 1 : R ): :t .
fled
itself, not the underlying financial truth, swollen in egotism and lamen-
regard to commerce generally—a snore grom. Roth families found refuge in might fall again."
•
tably
lacking
in
the
truly
American
"I have a class at the settle
optimistic feeling.
condition, that causes widespread
the basement of an old Gentile
principle of fair play, should be made
she expla'ned. "We're tab ing up disaster.
The buying public is waiting for couple's home. They managed to French. NN'lly don't you join
A. Miro- Sends Check for Jewish
to cease and a contemptuous punish-
it a"
I erioshc depressions in business ment applied.
lower prices and there is a substantial escape unharmed, although their store
Fund as Memorial to Father,
And David Slutzker sodden ly dis- are as beneficial as rests on a long
The assu m
improvement as a result of the ores- and homes were plundered. After covered an intense craving t
e
eiti•
0 ,0,learn
„ } . 'journey. 1 he condition that precedes zensh'sr ans ption of Amrican
l the honorable fulfillment
cut low prices. While the present things had quieted down a bit, they French. "I'm 'crazy about F
NEW VORK—A memorial contri-
a depression is called a "crisis,” and
liquidation has been going on at a decided that the best plan would be Ile said. I'm glad you told me about
of its duties and obligations, as ex- bution of $5.000 was sent to the Jew-
the
average
man
dues
not
know
there
very rapid gait, the situation has im- to put the ocean between themselves it. I'll go right over with you now'." is a crisis until it has come and gone. emplified by the American Jew in our ish War Orphans' Fund of the Joint
and barbarous Russia. Accordingly
proved greatly as a result of the
From that evening on, David Snoo- A panic never follows a depression, pa'ssage at arms with Germany, Distribution Committee by Mrs.
they sold their possessions—that ts,
Penobscot Bldg.
downward trend in prices. One must
ker and Sophie Binder met at the for it is impossible to work up the should he compared to the war record Abraham Bijur, daughter of Jacob
Main 1011
what remained of their former wealth
Woolworth Bldg., New York
not overlook the fact that the present
settlement twice a week. Some one emotional ardor necessary for a panic of the Fords, father and son, for the Wertheim, who died on Sunday.
—for a fiery pittance, and set sail
_
Information
of
the
people
at
large,
Taking
advantage
of
the
opening
of
who saw the couple together carried unless the blow—the fire—starts when
speedy readjustment is the change of for America.
a condition which it took her year to
to identify accused and accusers. NN'e the campaign for the orphan' find,
the news to NH. Slutzker. Whereupon
United as they had been in times lie took his on strongly to task. "I every one is feeling particularly pros- have the element under attack, the Sirs. Ilijur sent her check to Felix M.
perous.
create. While it may seem very harsh
of prosperity, adversity seemed to hear nice things about you, my son,' .
Jewish population of .Nmerica, form- Warburg, the chairman, "as the open-
and unpleasant, it undoubtedly is
Not all people benefit by prosperity.
tighten the bonds of freindship.
working towards better times and con- struggled along for a while, as mostly he said, angrily. "But I want you to The big demand increases prices, hit- ing approximately 3 per cent of our ing contribution toward the cause
nation, who furnished over 200,000 which he would so loved to have
ditions for all business and all classes. all immigrants do, attempting various know that if you should marry the ting those who have fixed salaries or
soldiers for our army, one-third more furthered himself."
daughter of that 'Goy—,""Now
,There is apparently considerable things until they finally became sales- pa," remonstrated David, "you're those whose investments are in bonds than their quota, 40,000 of whom vol-
money for commercial loans in the men of notions dud toys. They carrying things too far. In the first nr mortgages. In the same class are unteered their services.
WARSAW.—The report of Jewish
east. Call money rates were lower bought a horse and wagon, and suc- place, Sophie isn't to blame for her the railways, the gas and electric
\Virile the Fords were making mil- sympathy for the Bolsheviki, during
eompanies, that have to pay higher
the last few days than they have been ceeded in establishing a route among
father. She doesn't do a thing on prices for all they buy but are not lions in safety of person and pocket- the occupation by the latter of the
for some time past, being as low as the small Polish and Russian store- Saturday. All the girls laugh at her
book, the Jewish element of our A. E. town of Novgorod Yolynsk, has
:IRON-ved to increase their revenues,
six per cent.
keepers, By dint of strong economy
F. were earning nearly 5 per cent of proved untrue. As a matter of fact,
because she won't go down town to a
they managed to save a neat sum of Saturday matinee."
our
government's awards for valor not only was there no attempt at any
Buying
Reaches
Limitation,
"Bountiful crops, restoration of
money, which enabled them to open
"She must take after my grand-
11'hile one group is squeezing the in battle. Three men of the seventy. fraternizing with the Bolsheviki
transportation facilities, increased ef-
a store. The firm of Slutzker & mother." suggested rs. Snooker, in
sight
selected by the Commander in among the Jews of the place, but the
other, the extravagant demands of
ficiency of workers, and the liquida- Binder prospered,
explanation. "She used to resemble the first group more or less over- Chief for the highest tnilitary award Jews arranged a solemn demonstra-
tion which have been in the fore-
One bright sunshiny day, Ephraim her, and my grandmother was a very take their increased purchasing power. of the nation. the Congressional tion in honor of the Polish army as it
ground of commercial and industrial
Slutzker, short, stout, dark-eyed, sat pious yisonlan." And Nf r. Snooker Then everyone begins to waken to Medal of Honor, were Jews, and it marched into the town. At the head
conditions recently, are indications of
so batmen, they represent the first,
behind the desk. fie stroked his full sighed.
of the demonstration was the Rabbi
the fact that prices are too high and
the absolutely sound and fundamental
round beard. "Morris,' he said with
The same kind informant took the that it is possible to get along with second and third generations of their of the town, Gottlieb.
condition of the country." This was
families in our country.
agood-natured smile, "your heard is news to Mr. Binder, who received less buying.
quoted by Mr. Frank IL Sissons, vice- dwindling in size. My Sophie uses
It has been reported in the public
The moment the mass of people
president of the Guaranty Trust Com- a hair tonic which you might try on it witha high degree of scorn.
pre, that Ford admitted ignorance
pany, to members of the National In- your beard." His partner was look- Sophie," lie said reproachfully. "You begins to worry about high prices the as to the history of his own country.
dustrial Traffic League. Mr. Sissons ing over his stock, and jotting down think it is all right to go with a son temper of business starts to change. l'erhaps it is pertinent to invite his
of that fanatic robber, when you know Firms used to big profits cut prices
also quoted as follows: "The war- the items to be purchased at the fac-
how he ruined your father." "Pa," to get money to pay their debts. attention to one point in our early
time and post war-lime changes in tory. lie was tall and slender, with
she said with mild surprise, "you Other concerns cut prices to meet Colonial history which bears a near
commodity prices, and the accompany- sandy-colored hair and small gray
don't know David. Why, he is very competition and there is a period of relation to his present ignoble at-
ing readjustment, have resulted in eyes. "Instead," he said slowly, "let
liberal in his views. 11e knows his falling prices. We are in such a tacks. That is the right to freedom
conditions which are providing a cru- me recommend to you the barber I father is old-fashioned in his ideas." period now.
of worship in America, a fundamental
of our government which originally
cial test for the city's banking organ- go to. He'll trim your beard so that
"He must take after my greatuncle,"
Lower prices mean smaller profits;
izations. A test of its ability to main- you won't look like a wild man."
remarked Mrs. Binder. 'Remember not necessarily small profits, but less appeared in a Colonial charter of 1647,
"Since how long don't you like my how the whole town talked because
the world's first declaration of formal
tain a sound credit position, while at
than the firms are used to. Then the
the same time, meet the essential re- heard?" queried Slutzker. "It's get- Inc took a Russian teacher for his country is filled with croakers. This and legal establishment of freedom
of faith and worship. Does he, in
quirements of business for credit ac- ting dark. Finish your work quick, children." And Mr. Binder smiled.
depressed condition sloes not continue
commodations. The logical corrective and we'll close up the store. Don't
A short time after this, Sophie long. The community has to start his enjoyment of the privileges of
for threatening over-expansion of busi- forget this is Friday."
Binder managed to persuade David buying again and although it may do American citizenship, know that this
Mr.
Binder
put
his
memorandum
right became his through early ef-
to call at her home. lie was received
ness, was the raising of discount rates,
book in his vest pocket, then he coldly, but he rose to the situation so reluctantly, business really is go- forts of colonists from London in
accompanied by a purpose to restrict
walked over to his partner. "I have manfully. "It's a shame l'ncle," he ing ahead normally a long time before 1638, who formed their government
credit accommodations to those bor-
decided that we should keep open the said warmly. "that you and should there is a realization of the fact.
Connecticut in 1639 with the Jewish
rowers whose collateral gave promise
Once it is realized by the people, Scriptures as their code of laws, and
store Saturday. All the other Jew-
of retaining safe margins of value un- ish wholesale places no, and we lose have quarreled. Ile doesn't hear you another era of prosperity sets in and
extended
their influence to the Rhode
a grudge, and he often talks aborit that prosperity usually will be on a
der conditions of probable commodity a lot of trade that way."
the good times you two used to have sound basis until the community be- Island group, who wrote the world's
price recessions. The application of
Ephraim Snooker stared at his part- when you were boys."
greatest religious bill of rights in
gins to feel too prosperous. when the
this means has helped to bring about ner with curiosity, mingled with hor-
1647? Some schoolboy should tell
"I didn't think he remembered whole process is repeated.
a more normal business activity with- ror and pity. ''You don't feel well
Mr. Ford the story of the Charter
out an intervening period of wide- Morris," he said, shaking his bead those times." said \f r. Binder some-
Oak of those days. SOlne
Serenity Without Progress,
one should
what
mollified.
spread disaster,
dubiously. "I noticed all day that
In the t ropics, w iere food may be also tell him of those fanatical Jews
"Sure," continued 13avid, "he told
of Revolutionary days who made pos-
"The process of liquidation has ap- you don't act right. Better go home
picked
off
trees
and
life
is
even,
W
us the other day how when you were
sible 'Washington's Valley Forge
parently not been completed, and a and—'
find very little progress. One has to
"I'm not talking out of my head, little boys avd his new not fell in the be knocked down every little while campaign in the darkest hours of our
prudent regard for the safety and
mud, and he was afraid his moths-r
national
birth, who gave their lash
Ephraim,"
he
interrupted.
"
I
have
strength of our banking system makes
would scold him, you gave him your to learn how to fight.
dollar and borrowed more to give; in
necessary the continuation of these thought it all over carefully.. If you
The average man in business can-
hat." Mr. Binder smiled reminiscent-
order
that
the United States should
want
to
keep
your
old-fashioned
ideas,
policies which have proven effectual.
ly. "I got the whipping that time in- not run couturier to the general dis-
Fundamentally, the economic condi- you can stay home Saturday, and I'll stead from my mother." Mr. Binder position, although the very strong reach its destiny as a free nation, ac.
cording
equal
religious and civil
stay
in
the
store."
tions in the United States are abso-
thawed out so much that he invited man often times will find his greatest rights to all citizens.
lutely sound."
"Are you crazy?" ejaculated ND.. David to visit them again.
success in bucking conditions. Many
The
love
of
home
and country, even
Snooker. "1f I didn't know that you
The next move of the two con- big fortunes have been founded by
Owing to the severe depression in
never touch liquor. I would thing you spirators was to arrange for Sophie taking advantage of fear and buying adopted country, of the Jewish citi-
the stock market, the large and ex-
zen, reverence for
freedom, sacrifice
are drunk. But if you ain't why—" to visit t he Slutzker home. She met out businesses at love prices. People
perienced investor has recently fallen
'When you are in Rome, and with a very formal reception. Noth- always speculate when prices are ris- of life and fortune for those princi-
in line with the smaller investor, and
ih
Ephraim, you must act like the Ro- ing daunted she began her attack, ing. Since the arms, ice literal!), ples are characteristic of the Jews in
investing his money in substantial mans," said Morris Binder sagely.
America. Can that be said of Fords?
"It's a shame, Uncle," said she, ten- tons of worthless securities have been
bonds. This has been proven con-
F. P. MF.RRITT,
Ephraim Snooker's face flushed
sold to small investors who are lured
clusively by the increased demand, and deeply. His voice sounded . . . derly "that pa and you should have
into believing that any kind of an
also the increased price of good bonds strained. "I'm not in Rome or in quarreled. Of course, I know he was
enterprise
will
he
successful.
in the last 30 days. It is interesting Spain," he replied, drawing his words, wrong, but you can't blame him very
The foregoing explanation of a
much. People talked !din in that it
to note the reduced return to invest- 'but in free America, do you under-
would improve the business to keep panic and a depression, and state-
ors of tax free municipals.
stand me? In the tyrannic Russia I it open Saturday. Believe ate, he's ment that a panic cannot occur again
Much discussion has been created kept my religion the way my fore- sorry now. He's all worked out, in this country is for the most part,
in the past few weeks, by the shutting fathers did. Maybe I don't read so keeping the store nom every day. He in the exact words of W. P. G. Hard- Henry Morgenthau and Oscar S.
down of large industrial plants much papers like you do, or go to su misses the quiet Saturdays you and ing, governor of the Federal Reserve
Straus Say United States
throughout the country. Detroit has many meetings, but my David goes he used to spend together."
Board, given to Samuel Crowther and
Should Intervene,
been especially hard-hit because of its to school and learns the American his-
didn't think he remembered reproduced in the December number
oiltostio
tory, and he told me America was them," said Mr. Slutzker, somewhat of System. The undeniable idea hack
numerous automobile factories. This
founded by people who came here to sofetened.
Intervention by the United States
of what Governor Harding said is
is not a permanent condition however,
keep their religion the way they
as the demand for new automo-
"Don't he though! Ile seas telling that this country is near the end of to save the remnant of the Armenian
wanted to. So in this free country
biles will he considerably increased in
w back in Russia its depression in business and that people from annihilation was urged
I can keep my Judaism, do you under- us the other day, ho
the early spring. While thousands of
you rises! to take a visitor home to the best time to make solid invest- by two former ambassadors to Tur-
stand me, and whoever don't like it
men are out of work at the present they can get right out. My store, spend the Sabbath with you, and how ments is going to be over before the key, Ilenry Morgenthau and Oscar
time, as a result of this move on the so long as I live, won't be open on everybody used to meet at your house people know it; that prices will be S. Straus, in speeches at a mass meet-
Saturday afternoon. and ma and going up before the people realize ing at the Cathedral of St. John the
part of the manufacturers, still, it will Saturday."
they have stopped going down
Divine in New York City, under the
tend to create permanent positions for
And then affairs began to shape auntie used to serve nice things."
auspices of the Armenia America So-
EorP
TELEPHONE
"There's some hopes. for him yet,"
those mechanics who desire to give a themselves. The partnership was dis-
CADILLAC 8150
ciety, Mr. Straus said he believed the
full day's work to their employers. solved, and in no amiable way either. said Me. Slutzker. "That I will say, New Industrial Enterprise
solution
of
the
problem
was
with
a
Broad
Street,
NeTwELY
(Established 1903/
Is Fanned in Palestine.
Labor will he given to realize the Since Ephraim Snooker happened to it's true that he always took an in-
York
league or association of nations, of
le rect Private
to
necessity of the factory and an holiest have a wealthy uncle who loaned hint terest in Jewish affairs. And Sophie
which he expressed confidence the
Weekly Market Letter Sent FrDe
day's work, in return for a day's pay. money, he was placed in a position was invited to pay them another visit.
LONDON. — A new organization
Hence it was that a few weeks with a cash canital of £30,000 has United States would become a mem -
to
buy
out
his
partner
and
keep
the
Throughout this great period of re-
later when Mr. Slutzker met Mr. been formed in Jerusalem for the pur- her. Sir. Morgenthau declared that
adjustment, real estate has asserted it- store, Morris Binder, with his share
01401=====aoclo
Binder in front of his store, one Sat- nose of acquiring land, building now that the campaign was over the
self even more strongly than ever. De- opened a wholesale notions and toy
0=10z=octo=or:io
American people should go bark to
store in the next block; which store urday afternoon, he did not spit three houses, roads and railways.
spite the wavering price of com-
their
real
duty
and
combine
to
see
lie kept open every day in the week. times. Ephraim Snooker smiled in
A club recently formed by Jewish
modities generally, there are very few
that
there
were
no
more
wars.
Much like the feud between the Cap- an embarrassed way. Morris Binder artists in Jerusalem is preparing to
bargains to be had in choice real prop-
The meeting was part of the Armis-
lets and the Montassues, the enmity coughed, cleared his throat, and halted hold its first exhibition during the
erty. To the contrary, there is very
tice Day observance and Mr. Morgen-
of the two rival houses spread to their bashfully. "Gut Shalffins," he said spring of next year.
little choice improved property avail- respective families, and woe betide softly. "Gut Shabbos," replied Mr.
thau
said that although the armistice
The Palestinian government has
able. The demand for stores and him or her who so much as looked Snooker warmly.
transferred the Agricultural Depart- was signed two years ago, the war
Place Your Orders Now for
apartments is just as large as it has at one of the hostile tribe. The epi-
It was a bright warm summer day, ment from Jerusalem to Haifa.
between right and might, between
been for some time past. Detroit is thets which the members of the feud Mr. Slutzker, short. stout, ruddy-
The Jewish National Library of justice and spolation was still in prog-
still far behind in its housing facilities applied to each other were both short checked, at behind the desk, copying Jerusalem has been presented by Mr. ress. "They expected the United
and it will he several years b-fore and expressive. Thus, Morris Binder an order which his son had just Head Zangwill with a complete set States to take a mandate for Ar.
they catch up with the growth of tne received the appellation of "Goy," brought in. Mr. Binder tall, slender of his works, each volume being in- menia," he said in explanation of the
city.
while Ephraim Slutzker was dubbed and stooping, with sallow sunken scribed to the memory of the late present situation in Armenia. "We
Bituminous for Steam or Domeotle
"Robber." Mr. Snooker went to the cheeks, walked over to his partner Nfr. Jacob II. Schiff.
--•
were simply tired. We again fell back
extent of taking his children lout from and ratted his shoulder affectionately.
to our state of complacency and in-
"Ephraim," he said softly, "hurry
the school which the Binder children
difference and refused to take up our
also attended, and sent them to an- up. 'We'll have to close the store
share of the white man's burden.
318 Woodward Avenue
other school, several blocks away, soon, it's almost Shabbos. The days
"Isn't it about time for us to se.
Egyptian
Jew.
Telephone Cherry (:; 8
Said to Be Planning to
where "they wouldn't come in con- are getting shorter," Mr. S
the gross neglect we are perpetrating?
Found Institution.
jovial
zyki'a r
tact with that lousily of Goyism." looked no at his partner wIthaillto
The
American
people
shirked
nothing
Theatres. Dry Cleaning Plants,
When Mr. Slutzker accidentially met smile. Ile out the order in a drawer
Tailor Shops, Confertionertes, Oro-
LONDON—At a conference just during the war. They are not going
Mr. Binder, he would turn his head of the desk. "David." he called.
to shirk now in the last act of the
away and spit three times, Mr. Binder "come, we're going to the synagogue." concluded in Tiberias, Palestine, Arab war."
aeries, Dote!, Rooming Houses,
also turning his head away and emit- Mr. Slutzker stroked his full round representatives from the district of
Restaurants, Etc.
"If we had a voice today in the
ting a short and expressive grunt. heard, "Morris," he said mildly, Galilee decided to send a delegation
aN'hen Mrs. Binder met Mrs. Slutzker "we'll each take some poor man home to the Palestine High Commissioner League of Nations," he said, "that
in the grocery or butcher shop, they with nis, and tomorrow you'll come requesting suitable frontiers for voice would be heard, and I believe
(Members
New
t he problem of Armenia would be
would turn their backs to one another. over to my house, and we'll spend the Palestine and permission to call an
York, Detroit, cleveland Chicago Stock Excharz
311 Majestic Bldg,
Cheer, 65
When the Slutzker children and the afternoon like in the good old Past" Arabic National Assembly, accord- very speedily settled."
inn to a dispatch from Jerusalem.
Hamilton Holt presided and resolu-
ORDERS EXECUTED IN MOTOR, RAILROAD AND INDUSTRIAL
Binder children met, which happened
Replying to an inquiry on the part tions were adopted asking the state
infrequently, they would stick out
STOCK ON ABOVE EXCHANGES
of organized Jewry in Egypt as to department to present the urgency of
their tongues at each other.
Second Floor Majestic Bldg,
Thus several years passed.
Al- Jewish Population Fleming Before Pets how it could best help in the immedi- the situation to the Allied Powers, re-
though the firm of Morris Binder es-
ate development of Palestine, Sir questing the American Government to
CADILLAC 1 5 ,2
hire and the Bolshevik'.
Her-J-et Samuel resoled that the es- Join in an international undertaking
tablished several innovations, and was
tablishment
of
an
agrarian
bank
was
open Saturdays, the owner barely
to protect the Armenians and to re-
LONDON—The local office of the
an agent need. It is understood
made a living, while his more fortu- Federation of Ukrainian
Jew's in th's that. acting on this suggestion, lead- quest the French Government in the
nate rival enlarged his store to twice
meantime to put more troops in
country
has
been
informed
in
a
dis-
its original size.
ing Egyptian Jews have already made
patch from the Jewish National Coun-
preliminary moves for the founding
One very cold wintry evening, So.
Mr. Molt read a message from
cil of Warsaw of a series of fresh of such a bank.
nhie Binder turned a corner, and
Boghos Nubar, head of the Armenian
Pogroms reported to have taken place
slipped on the icy pavement. A short,
delegation to the Peace Conference,
throughout the Ukraine. Committed
lark young man, bearing the features
WARSAW—In the little town of appealing to the American people for
by Bolshevist forces as well as Gen-
.1 the hated Slutzker family, helped
Kaluszyn, recently recaptured by the intervention.
era Pettura's followers,
net to her feet. She rose, brushed
Poles from the Bolsheviki, the gov-
The message says that the Jewish
Telegrams approving the purpose of
'ft her coat, and turned her head
ernment instituted a series of trials
D. T. Ry. lAa. 296
sway distainfully. The young man oonnlation in the Ukraine are fleeing on charges of high treason, Three the meeting were read from Mgr. M.
so Poland in the hone of mak'ng their Jews. Samuel Strenberg, Solomon Po-
J. Lavelle, rector of St. Patrick's
Warren
licked
up
her
muff,
brushed
it,
handed
P. M. Ry.
WaL 247
Cathedral; Secretary of the Navy Jo-
it back to her, and turned his head way to America. The Warsaw Coun- powski and Samuel Griziah, were con-
away with equal disdain. Whereat eil has appealed to the Federation for demned to death
sephus Daniels, United States Sen.
and executd by a
ator
John Sharp 1Villiams, General J.
. military tribunal.
•
G. Harbord and Dr. Charles W. Eliot,

"Know 7Irvm

$5,000 FOR ORPHANS
__—
Mr..

Accountants and Auditors

a.G. Dutr

THE A-I MILD

HAVANA CIGAR

Bonds

Bonds

Dansard-Hull-Bumpus Co.

Investment Bankers

47 Congress St. W.

Detroit

Two Envoys Urge
Help For Armenia

Stocks

Stocks

loenor====to=o1==l0m00
Motors, Oils, Mining and Curb Industrials for Cash
or on Moderate Margins

CHARLES A. STONEHAM & CO.

Real Estate Exchange Bldg., Detroit

41

"No Promotions"

FLAT OWNERS!

Cronin's New Coal

PALESTINE FARM BANK

We Sell

CRONIN COAL COMPANY

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UKRAINIAN POGROMS

•

Arthur L Holmes

Lumber
Company

875 Gratiot Ave. MeL 245
vseork. t
a

What Do You Know About Lumber?

When you want information concerning the proper
material to use for building, talk to the lumberman in
your
at
the neighborhood.
office of the Visit the lumber exhibit on display

DETROIT LUMBER DEALERS ASS'N.

700 Vinton Bldg,

114 Woodward

