Amerieam ,wish Periodical Cotter
mirrors AvItsnn • CINCINNATI 20, OHIO
THEVentorr,/nunel Rom iaL
PAGE NINE
BUSINESS AND FINANCE
HEAR OF PROGRESS
MADE BY FEDERATION
How to figure
Your Income Tax
On the net income of $25,000 a cos
pora tter, whose invested capital le
$200,00u pays in Income and excess
profits tax 43,380.
Ina t„irtnership of three with the
same iOJume on the same invested
capita. the cumulated taxes of the
partneri- sharing equally are $1,219.89.
The above and other eimilar exam-
plea tire Illustrated In our Tax Book-
let. Hease write for your copy on
your 1.4t,rhead.
Accountants and Auditors
Penobscot Bldg.
Main 1041
Woolworth Bldg., New York
Arthur L Holmes
Lumber
Company
875 Gratiot Ave. MeL 245
VanDyke & D. T. Ry.
Warren & P. M. Ry.
Lin. 286
Wal. 247
4wwwwwv
•-gje
We offer for
your considera-
tion a complete
aelection of
Granite and Mar-
ble Monuments
Tombstones,
Grave Markers,
and Grave En-
closures of very
high quality. At
the same time
our prices are
low.
GRANITE AND MARBLE
MONUMENTS
Closed Saturday—Open Sunday
Manuel Urbach
564 WINDER
CADILLAC 48
NEW YORK—Convention of Li-
thuanian and Kurland Jews in Amer-
ica, held here during the past two
days, revealed that the federation or-
ganized some time ago by these Jews
has already accomplished much good.
Close to three hundred delegates from
all parts of the country attended the
convention and promised to further
co-operate with the federation in its
relief work for those on the other
side. The federation has been in ex-
istence but a bare year and during
that period reports showed that it
had been instrumental in transmitting
in behalf of relatives .$360,000 to
Lithuania and Kurland. The con-
vention devoted considerable time to
a discussion as to the manner in
which relief moneys should be divided
up and distributed on the other side.
It was finally decided by a large ma-
jority that workers organizations
should receive 50 per cent and Kehil-
lahs 50 per cent. The convention de-
cided to express its protest against
the pogroms which are still contin-
uing in different parts of Europe and
to exert every effort against the re-
striction of immigration.
The convention was attended by
the Latvian Council, John J. Kollin
and Mr. Jonas Vilaizes, the Lithuani-
an representative in this country who
came down from Washington in or-
der to address the convention, He
was given a most enthusiastic wel-
come, and in the course of his ad-
dress landed the Lithuanian Jews in
terms of the highest praise. The con-
vention elected the following officers
for the coming year: Morris Win-
chefsky, president; Dr. D. Hoffman,
treasurer; Mr. Lillinut, chairman of
the executive, and Mr. Spondzin, sec-
retary. One of the chief guests at
the convention was Mr. Jacob Mark,
a visitor from Latvia, who was main-
ly instrumental to organizing the fed-
eration.
"FLYING SQUADRON"
TO INVADE BROOKLYN
NEW YORK—Congressman Julius
Kahn, of San Francisco, and Rabbi A.
H. Silver, of Cleveland, will be the
principal speakers at a mass meeting
to be held on the evening of Decem-
ber 21, at the Eighth Avenue Tem-
ple, under the auspices of the Union
of American Hebrew Congregations.
The speakers are members of the
"flying squadron" of prominent lay-
men. which has been touring the
country in the interest of the $3,500,-
000 campaign for synagogue and re-
ligious school extension work con-
ducted throughout the country by the
union.
Brooklyn Jewry is co-operating with
the Greater New York Committee to
raise this city's share of the national
fund.
What Do You Know About Lumber?
When you want information concerning the proper
material to use for building, talk to the lumberman in
your neighborhood. Visit the lumber exhibit on display
at the office of the
DETROIT LUMBER DEALERS ASS'N.
700 Vinton Bldg.
114 Woodward
A Market Review
of 1920
Our regular WEEKLY MARKET LETTER of January 1,
1921, will present the most comprehensive tables and statistics
ever put out by a broker NO early in the year, and furnishes a
eomplete compilation covering:
No. 1-11igh and Low quotations for 1920 on stocks
traded in on the New York curb. Boston stock ex-
change and curb.
No. 2—Western Mining and Oil Issues
No. 3—Anaalytical data on many new companies.
This production characterizes the service that comes front
18 years of experience, with thousands of satisfied clients all
ever the world.
This issue will be useful for future reference, and every one
interested should have a copy.
Write
BONDS ARE SELLING
AT HALF PRICE NOW
Flay Anti-Semites
In Church Resolve
Strategic Advantage of Buying
Now is Made Plain
Boston Convention of Churches
of Christ Deplore Recent
Attacks Against Jews.
5 YARDS
Grand River and Warren
Hague Ave. and Russell
Maromb St. and C. T. Ry.
2nd Blvd. and Terminal Ry.
Waterloo and Terminal Ry.
I
We
Deliver
Main 2570
Aug. 15
5661.1920.
See. 12
New Yves Eye
Yom Kippur
wed., So. 22
Suocoth (Bret Day)
Mon., bee. 27
Sun.,
Mon., Oct. 4
Time, Oct. 5
Wed., Oct. 13
Fri., Nov. 12
Mon.. Dee. 6
Sun., Dee. 12
Tum., Deo. 51
PLACE YOUR ORDERS NOW FOR
Cronin's Clean Coal
Bituminous for Steam
Of
Domestic
CRONIN COAL COMPANY
318 Woodward Avenue.
Telephone Cherry 6538
Mon, Jan. 10
New Year
is our cordial wish for you, your family
and friends
"The Bank Where You Feel at Home"
Already thousands of thrifty people have taken a step that will mean
SUCCESSFUL SAVING in 1921, by enrolling in our Christmas
Club. Have you joined? Club closes soon.
•
•
TANNENHOLZ MOVES
TO PENOBSCOT BLDG.
We
Sell
Theatres, Dry Cleaning Plants,
Tailor Shops, Confertioneries, Ciro-
series, Hotel, Rooming Houses,
Restaurants, Etc.
WAGSTAFF & CO.
811 Majestic Bldg.
Chum? 65
PIE A-I MILD
HAVANA CIGAR
Peacock Coal
CI What kind of coal is that?
coal—unusually low in smoke and ash—
unusually high in heat units.
Phone the Order
Main Office 57 Gratiot Ave.
All Yards
Fri., July 16
Sun., July 25
Commonwealth-Federal Savings Bank
g Peacock Coal is a high-test, soft lump
QUICK
Fast of Ab
Rosch.Choduch Ellul ......
A Prosperous and Happy
(Established 1903
9th Floor Real Estate Exchange Bldg.—Cadillac Square.
New York
Plain Office, 41 Broad St.,
Direct Private Wires—"No Promotions"
Jewish Calendar
5680-1920.
Rosch-Dhodesch Ab
When Germany, in August, 1914,
Succoth (Wt Day—Shimino
Atzereth)
told the world that her pledge to re-
Boston—The Federal Council of the Slmchatn Torah
spect Belgian neutrality was a scrap
RisecleChodoech Chosen
Churches
of
Christ
in
America,
repre•
of paper she set in motion forces
Rosoh-Chodooch Kelso
smiting about 149,1100 Protestant Chanukah (Feast of Dedication)
which, in the past six years, have not
churches and 19,500,000 communicant Rosch-Chodooch 'Wroth
only blighted millions of lives by
members, at its closing quadrennial Fest of Tetoth
death, disease or poverty but destroy.
5681-1921.
session in Park Street Church re-
ed most of the wealth which the world
Reach-Chodeeoh Shebat
cently adopted a resolution deploring
had produced in a generation of ef-
the current attacks against Jews and
fort. The loss in value of railroad
admonishing the American people to
securities alonb runs 'into billions of
look with disapproval at such preju-
dollars. The savings of the wage-
dicial propaganda whose tendency is
earner deposited in the savings banks
to arouse and racial division in
and insurance companies sank in value
our body politic.
with the bonds of the millionaire
Several of the minister and lay dele-
locked in his safe deposit box. War
gates, interviewed after the session by
is the great destroyer of wealth.
a representative of the Jewish press,
On the other hand the man who expressed themselves against anti-
owned copper, iron, cotton, wileat or SeMtic propaganda and off, ted every
wool; the man who had a 'nine or a assurance that attempts to place the
mill found himself making profits lie Jew in a had light before the intelli-
never dreamed of before. The na - gent Christians of America would
dons of the world were his customers • evoke condemnation rather than ap-
The lives of their men in the trenches proval.
depended on his delivering the goods
The Council represents thirty-one
and when he could do no he could denominations, as follows:
name his own price. This was pleas-
Baptist churches, North; Free Bap-
ant as long as the Allies were paying tist, Christian Reformed Church in
the bills but when, in 1917 our own North America, Congregational
government came into the market for churches, Friends, Evangelical asso-
munitions and goods of all sorts for ciations, Methodist Episcopal, South;
our forces something had to be done African Methodist Episcopal Zion.
to stop the "sky-rocketing" prices. Lutheran General Synod, Moravian
"Price-fixing" was the answer and the Church, Presbyterian Church in the
demand for raw- materials hrcame so United States, Protestant Episcopal.
great that "rationing" of supplies was Commission on Christian Unity and
necessary and the "non-essential" in- Christian Social Service Department;
dustries were obliged to curtail pro- Reformed Church in the United
duction or shut down altogether.
States, Reformed Presbyterian, Gen-
From 1914 to the summer of 1920 eral Synod; United Brethren, United
all forms of tangible property have Presbyterian, National Baptist Con-
been going tip in value while vention. Christian Church. Churches
money and investments have been go- of God in America, Disciples of
ing down. Imagine a modern Rip Christ, Evangelical Synod of North
Van Winkle who went to sleep in 1911 America, :Methodist Episcopal Church,
and woke up last June. If he had $10 African Methodist Episcopal Church,
in his pocket when he went to sleep Colored Methodist Episcopal Church,
he would find it worth less than $5 Methodist Protestant Church, Pres-
when he woke up; on the other hand byterian Church in the United States,
the clothes he had on and the watch Primitive Methodist Church, Re-
in his pocket would be worth twice formed Church in America, Reformed
as much as when he went to sleep. Episcopal Church, Seventh Day Bap-
This is the phenomenon economists tist Churches.. United Evangelical
call inflation, the reverse process of Church.
Following is the full text of the
course is deflation. When inflation
takes place everyone makes money, resolution as adopted by the Council:
"Whereas,.for
some time past there
factories expand, wages and profits
rise with resulting speculation and ex- have been in circulation in this coun-
try
publications
tending to create
travagance; when the strain on the
banks, the country's reservoirs of cap- race prejudice and arouse animosity
ital, becomes too great the other side against our Jewish fellow-citizens and
of the picture appears and it requires containing charges so preposterous as
all their strength to prevent the sud- to be unworthy of credence, be it re-
den contraction which results in panic. solved that the Federal Council of the
The decline in commodity prices Churches of Christ in America, im-
would have inevitably resulted in a pressed by the need at this period of
our national existence for unity and
panic under our old banking system.
The ground we have covered since brotherhood, deplores all such cruel
1914 we are now starting to retrace. and unwarranted attacks upon our
Jewish brethren and in a spirit of
The dollar will recover its value and
good will extends to them an expres-
bond prices are bound to follow its
sion of confidence in their patriotism
rise. Their average price this year
and their good citizenship and earn-
has been lower than at any time since
estly admonishes our people to ex-
Civil War days. Never before has
press disapproval of all actions which
saving been so profitable, for the man
are conducive to intolerance or tend
who buys a bond today gets it at half-
to the destruction of our national
price and buys with dollars which are
unity through arousing racial divi-
only worth 50 cents in purchasing
sion in our body politic."
power. When the bond is paid he will
get twice as many dollars and each
JOINT CREDIT BANKS
dollar will buy twice as much.
ALREADY OPERATING
Bonds prices have started on a
course that will be pleasant for the
holders to look back on some months
WARSAW—The 200 loan banks re-
hence.
cently established by the Joint Dis-
tribution Committee are already he-
WOMEN ADMITTED TO BAR tinning to operate. The Joint is now
distributing through various organiza-
tions of small traders machinery and
LONDON—The Palestine Advi- raw materials on the deposit of 10
sory Council is considering the ad- per cent, the remainder to be paid in
visability of admitting women to a year's time. The dollar is.charged
practice as solicitors in the Palestine, for at the rate of 250 marks. Joint
"anks are charging no interest on
courts, according to a Jerusalem dis-
patch. Col. Norman Bentwich, the their loans.
head of the judicial department, as
well as Sir Herbert Samuel, the high
commissioner, are said to favor their
admission.
for Copy
Chas. A. Stoneham & Co.
sta
CI If your steam furnace or heating stove is
"fed up" on cheap, low-grade mine run,
try a ton of Peacock Lump.
J. T. SINCLAIR CO.
Ben Tannenholz, for years well-
known to Detroiters as a merchant
and dletributor, le now located at 520
Penobscot Bldg., where he Is special-
izing in the sales of high clue im-
proved real estate, particularly em-
ibasizing tne sale of stores. This
oomee as pleasant t:ewa to isle many
friends, who know Mr. Tannenholz
as a man of kern business Indgment,
possessing a remarkable sense of fair
play and the utmost integrity.
Mr. Tannenholz declares that he
will treat the sale of property and
business opportunities Intrusted to
his care In exactly the same way as
though that property were Ms own.
With such a declaration of business
policy, many Detroiters who have
hesitated heretofore in placing prop-
erty will have no hesitancy in tak-
ing ouch a step now.
Mr. Tannenholz will have the aid
and co-operation of his numerous
friends who appreciate his abilities
along these lines and realize the
mutual benefits as a result of havitIR
business dealings with him.
BERLIN—The Latvian government
still refuses to admit hundreds of
Jews who originally belonged to Lat-
via and are now In Russia according
to a report from Riga. The Bolshe-
vik] the report says have taken mea-
sures to assist these refugees.
CLASSIFIED
PLEASANT ROOM for young man
with congenial couple. 20 minutes
from City Hall. Prospect 6296-3.
NICELY FURNISHED room for gen-
tlemen. Steam heat. Mrs. D. Eis-
enberg, 210 E. Canfield.
SIX ROOM MODERN FLAT for rent
at 2424 West Grand Blvd. Call Wal-
nut 2983.
For your considerate co-
operation, which has
helped us make telephone
service good, the people of
the Telephone Company
thank you.
With your further good
will we believe we can
cwitinue to give this good
service and attain—
our Ambition—Ideal Tele-
phone Service for Michigan
MODERN 5 ROOM steam heated
apartment for rent. Janitor ser-
vice. Near Shaarey Zedek. 4152
Brush St. (New number).
BIG STEEL SAFE for sale. In ex-
cellent condition. Address Box 429,
Detroit Jewish Chronicle.
ROOM FOR RENT for gentleman
with private family. 703 Brush
St., 3755 (new number).
MICHIGAN STATE TELEPHONE COMPANY