Loeb, Jewish President of Thuringian State Bank Arrested After Resignation in Protest of Anti-semiti

President Loeb of the Thuringian State Bank was arrested here today following his letter of resignation to the Thuringiah Finance Minister.

The Right Party in the Thuringian Diet has started a political campaign against the President of the State Bank, because he is a Jew. The investigation ordered by the Government proved his administration of the Bank irreproachable and the government asked him to remain in office. He, however, declined, claiming that under such anti-Semitic pressure he was unable to carry on the work.

His arrest was made on the charge that he attempted to remove important state documents from the bank.

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