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Budapest Municipal Revenue Sharply Decreased As Result of Anti-jewish Measures

Hungarian newspapers reaching here today report that he municipality of Budapest has decided to abandon further public works in the city in view of the fact that municipal revenue has been sharply reduced as a result of the elimination of Jews from commercial and industrial life and their segregation in ghettos.

The Hungarian MTI news agency today reported that the director of the Jewish owned Kaldi Company has disappeared from Budapest, but that property worth twenty Million pengoes (about $6,000,000) belonging to him, has been confiscated.

The report also revealed that all Jewish stores in the city of Cluj, where there is a large Jewish population, have been closed and the merchandise confiscated. In Szeged, another large city populated by Jews, a ghetto will be completed by May 30, it said.