London Rothschilds Are Criticized for Participating in Hungarian Loan

(Jewish Telegraphic Agency)

An article in a recent issue of the “New Statesman” on “The Rise of the House of Roths-child” stated that “At all times, even when it was not only inimical to their business interests but even dangerous to their personal liberty, they never failed to raise their voice to protest against anti-Semitic oppression or to use their influence to secure concessions for their more unfortunate compatriots.”

A letter to the “New Statesman” from Budapest signed “Verax,” takes issue with this statement and declares:

“Whilst the foregoing observation was undoubtedly true down to the end of the regime of the late Lord Roths-child and of his brothers Leopold and Alfred, it unfortunately does not apply to the present heads of the house of Rothschild in London, as they participated a few years ago in the loan to the Hungarian Government, which was notorious at the time for its anti-Semitic attitude.

“Despite all the misfortunes that befell the Jews in Hungary under the White Terror and since,” the writer declares, “and despite Hungary’s violation of her treaty obligations by her anti-Semitic numerus clausus legislation (which has not been changed in effect by the recent amendment), the London Rothschilds, so far from protesting, as their fathers and grandfathers would have done, readily cooperated in providing very substantial financial support for the oppressors of their brethren.”