Colonel Michael Friedsam, the head of the big Altman Department Stores in New York, who died recently, has bequeathed to the Metropolitan Museum his famous art collection valued at ten mellion dollars. He has left 60,000 dollars to Jewish charities and 60,000 dollars to non-Jewish charities, directing that the residue of his estate, estimated at about 25 million should be administered by his executors “for the care of the young, the comfort of the old, and for institutions of learning”. Colonel Friedsam, who was unmarried and has left few relatives, wrote in his will that he regarded his wealth as held in trust for the ultimate benefit of the people and that he wanted it to be distri-buted by his executors accordingly.
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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.
