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Meeting Called to Protest New Loan to Reich

July 27, 1934
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A public meeting to protest the proposed new loan to Germany by American bankers will be held next Tuesday night at Coney Island, it was announced last night by the American Jewish Congress. Congressman Andrew L. Somers of Brooklyn, chairman of the Coinage Committee of the House of Representatives, will be the principal speaker.

The question of whether American bankers have the moral right to give new loans to Germany at a time when the Reich’s repudiation of its service payments is costing American investors more than a billion dollars, the American Jewish Congress stated, will be discussed openly for the first time since announcement of the projected new loan was made.

Other speakers at the meeting will include Dr. Samuel Margoshes, a vice-president of the American Jewish Congress; Dr. Joseph Tenenbaum, chairman of its boycott committee; Mrs. Charles H. Turow, acting chairman of the Brooklyn Division of the Women’s Association of the American Jewish Congress and Louis Segal, executive secretary of the Jewish National Workers’ Alliance. Former Congressman Nathan D. Perlman, a vice-president of the American Jewish Congress, will preside, side.

The meeting will be held at the Casa D’Amor, Thirty-first street and Mermaid Avenue, Coney Island.

A musical program will be rendered by Miss Bat Zion. Arrangements for the meeting are being made under the joint auspices of the boycott committee and the Women’s Association of the American Jewish Congress.

A citizens’ committee of prominent residents of the Shore Front section has been named to cooperate with the sponsors of the meeting. Members of this committee include: Rabbi Joseph Friedman, Simon Hurwitz, Dr. Herman Ausubel, Rabbi I. Elfenbein, Z. Rubens, Moishe Richter, Isidor Karafiol, Dr. I. W. Hellman, Louis Cohen, I. Rudes, Rabbi M. Wexler, Louis Schwartz, William Fox, L. Schreiber and Jacob Vogelfanger.

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