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Schiff’s Heirs Not to Assist Enemies of Jews

June 18, 1923
See Original Daily Bulletin From This Date

The Jewish Telegraphic Agency will be glad to answer inquiries for further information about any of the news items contained in this Bulletin

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.

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