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News Brief

April 17, 1934
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In spite of a belief that practically all industry in the United States is controlled by Jews, they are prominent only in the relatively unimportant cloak and suit and moving picture industries, declared Dr. Max Winkler, of the department of Economics of the College of the City of New York. He spoke on the “New American Scene” at an Avukah tea held for the benefit of the Avukah summer school scholarship, at 166 Second avenue.

There are only forty-two Jews among the 580 directors identified with industries with resources of about twenty million dollars.

Jews have no voice or ownership in public utilities or in steel or automobile industries, he said.

There are 1,375 members in the New York Stock Exchange, of whom sixty per cent are Jews. Two members of the governing board are Jewish.

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