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Credits to Aid Small Traders, is Warsaw Plan

February 21, 1935
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A plan to create a central Jewish economic institution which would furnish credits to Jewish merchants, artisans and industrialists who are unable to obtain such credits from government banks was announced here today at a conference of Jewish economic leaders held under the chairmanship of Senator Rafael Szereszewski, well known Jewish banker and philanthropist.

The conference decided to appoint an initiative committee to work out details of the plan. The establishment of the contemplated Jewish credit institution has become a necessity in view of the fact that many Jewish industrialists and traders have been reduced to poverty since government institutions refuse them the usual credits granted to non-Jewish merchants.

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