The statement made at the convention of the Union of Orthodox Rabbis in Brooklyn this week to the effect that the Yeshiva College is in danger of closing due to lack of funds, was found by a representative of the Jewish Daily Bulletin yesterday to have a basis in fact. A meeting of the Yeshiva directors to discuss the critical situation will be held today at the Yeshiva College.
For the past few months the only Jewish college in America has been unable to meet its financial obligations. None of the Yeshiva instructors have received any salaries during the past sixteen weeks. Many of the students who were formerly receiving financial aid from the Yeshiva have had this help cut off and are living in dire circumstances.
About a year ago the Yeshiva was removed from its old quarters on East Broadway, in the heart of the East Side section, to the new spacious buildings on Washington Heights, which cost two million dollars. At the dedication of the new buildings, messages of congratulation and praise for the cultural work that the Yeshiva is doing were received from President (Continued on Page 7)
At the orthodox rabbis’ convention, Rabbi Aaron Burak had declared that the situation in the Yeshiva College today is so grave that there is not even money to pay the smallest daily expenses. Until now, he said, it was thought best not to give publicity to this fact, but the situation is getting worse daily, and the existence of the crisis must be made known to the public in order to save the Yeshiva.