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The J.T.A. learns from a person in close touch with Felix Warburg that all reports regarding the negotiations between Premier Bethlen and the banking house of Kuhn Loeb and Company for the loan that Hungary plans to float are baseless.
The Warburg family, the Schiff family, and Kuhn, Loeb and Co., maintain the Jewish traditions of Jacob Schiff, it is stated.
If the official Hungarian telegraphic agency endeavored to convey the impression that Count Bethlen negotiated in Paris with representatives of Kuhn, Loeb and Co., this was either done in an effor to mislead, or negotiations were conducted with a Paris bank which has business associations with Kuhn, Loeb and Co.
It is possible, it is further stated, that Premier Bethlen tried to obtain the assistance of the Paris bank to mediate with the Kuhn-Loeb house to participate in the proposed loan.
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.