Language Ordinance is Threat to Life of Jewish Cooperative Banks
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Language Ordinance is Threat to Life of Jewish Cooperative Banks

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(Jewish Telegraphic Agency)

Eighty-two financial institutions, created after the world war with the aid of American Jewish relief funds to aid in the rehabilitation of the impoverished masses, are threatened with ceasing operations due to a government ordinance.

The Lithuanian Ministry of Finance issued a regulation this week, making it obligatory for every banking institution to conduct its accounts in the Lithuanian language. This is a technical impossiblility since the number of bookkeepers and clerks familiar with the newly resurrected language is very small. The administrations of the eighty-two branches of the Jewish People’s Bank, a cooperative association, made representations to the Ministry without success.

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