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Trudkredit Members Adopt Resolution Favoring Liquidation

March 25, 1929
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Despite the opposition of some members, a resolution was adopted at a meeting of Jewish artisans, members of the Trudkredit, endorsing the government’s order to liquidate the largest cooperative of Jewish artisans in Soviet Russia.

At a meeting of Jewish artisan members, some speakers opposed the liquidation of the Trudkredit, urging the necessity of maintaining a Jewish credit organization. However, a resolution endorsing the liquidation was adopted.

Assurance that the artisans belonging to the Trudkredit would be aided from other sources was given at the meeting by a government representative, who declared that the artisans would be registered in other credit organizations where the same aid would be continued for them.

The Trudkredit is being liquidated on the charge that the executive of the cooperative misused the privileges granted to the institution by the Soviet Government. Recently, a delegation of Jewish artisans of Moscow appeared before Krylenko, assistant State’s attorney of the Soviet Union, asking him to liquidate the cooperative.

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