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N.Y. Jewish Federation Faces Large Deficit

January 22, 1929
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Despite its 33,000 contributors, the Federation for the Support of Jewish Philanthropic Societies races a deficit of $1,778,000 for the year 1929, it was announced by Sol E. Stroock, its president, at the twelfth annual meeting Sunday. The last campaign, completed on December 31, was successful in wiping off the 1928 deficit in the same amount, he said. The present situation is the result of an over-zealous desire to go over the top. The result was a number of last-minute contributions, causing a “one day’s solvency on New Year’s eve.” These special donations, he said, must now be resolicited if the budget for the year is to be successfully met.

A group of seven hundred attended the public meeting in the Community House of Congregation Eman-El and heard the addresses of Mr. Stroock and George McAneny, former president of the Borough of Manhattan.

A fund of $10,000 will be given to the New York Ear, Nose and Threat Hospital of New York in boner of Dr. Benjamin Frendemfail for ten years visiting surgene of the hospital. A dinner in his honor will be given tonight at the Biltmore Hotel.

William Guggenheim, trustee of the International Benjamin Franklin Society, speaking at the annual meeting of the society at the University of Pennsylvania Club, urged recognition of Soviet Russia by the United States. This step, he said, would be in harmony with the teachings of Franklin for international good will and the recent signing of the Kellogg Peace Pact.

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