To wipe out the indebteness of the Beth Israel Hospital and the Federated Jewish Charities, seventeen Boston Jewish leaders subscribed $300,000 on the condition that Boston Jewry will contribute the remaining $200,000 by July 1st, it was announced by A. C. Ratehesky and Louis E. Kirstein, who each contributed $50,000.
The step was taken to relieve the charitable institutions of Boston from financial burdens. The action of the group marked a new era in this form of public spirited work and it is believed it will serve as an encouragement to the Boston Jewish community to raise the $200,000 required. All connected ith Jewish philanthropic endeavors in Boston were confident that the money required would be raised within the prescribed time limit.
An invitation was issued a few days ago by A. C. Ratshesky and Louis E. Kirstein, for seventeen men who met at dinner at the Copley Plaza Hotel and pledged the sum of $300,000 to lift the half million indebtedness which has been hanging over the Beth Israel Hospital and the Federated Jewish Charities for the past three years.
Mr. Ratshesky contributed $50,000 in addition to the $10,000 he has already given the Beth Israel Hospital: He also announced that Mr. Kirstein has also pledged a like amount in addition to the $37,500 given by him for the Federated Jewish Charities and the Hospital.
Peter M. Leavitt, representing what is known here as the Green group, pledged $125,000. Max Shoolman, chairman of the Building Committee of the Beth Israel Hospital, contributed $25,000 in addition to the $50,000 already given to the Beth Israel Hospital. S. W. Prussian pledged $15,000 in addition to the $10,000 he has already given for the Hospital.
A committee as formed to raise the $500,000. The committee consists of Max Shoolman, chairman, A. C. Ratschesky, Treasurer Special Fund, Dr. Maurice B. Hexter, secretary, Judge A. K. Cohen, A. A. Ginzberg, James D. Glunts, Sidney Dreyfus, Casper M. Grosberg, Mortimer C. Gryzmish, Albert W. Kaffenburgh, Peter M. Leavitt, Coleman Levin, Sidney Rabinovitz, Max Rubin, Edward Rose, Joseph Rudnick and Leon Strauss.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
