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Denies Goldsmidt Sought Control of Socialist Party

October 15, 1928
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(Jewish Telegraphic Agency)

A refutation of the charge, made in the Communistic and Nationalistic press, that the Jewish banker, Jacob Goldsmidt had bribed the “Vorwaerts,” Berlin Socialist daily, in an effort to gain control of the Socialist party, was made today in a reply published in the “Vorwaerts.” The charge was made that Goldsmidt had bribed the paper with a sum of 800,000 Marks.

In its reply the paper states that Goldsmidt’s Darmstadt Bank, granted a loan at regular interest to the publishing company which issues the “Vorwaerts.” This loan was long since repaid, the paper states.

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