The credit cooperative banks whose activities were restricted by the new government of President Ongania, to the detriment of many Jewish small merchants, today started cashing checks in small amounts, thus relieving some of the tension which the restrictions caused. However, the cooperative banks cannot grant any loans as yet for the time being.
Keep Jewish Stories in Focus.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.