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