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Dr. Schwartzwald Quits Austrian Civil Service

September 17, 1923
See Original Daily Bulletin From This Date

Dr. Schwartzwald, who during the last six years was in charge of the Treasury of the Austrian Republic, has resigned his post in the Civil Service, in order to succeed Dr. Rosenberg, who died recently, as Managing Director of the Anglo-Austrian Bank.

Dr. Schwartzwald was born in Bukowina, of Jewish parents. He was one of the few Jews who occupied a high position under the Christian Socialist Government.

Morris Weinberg and David Shapiro, publishers of The Day, announced that they would purchase “twenty scholarships of $50 each The purpose of the luncheon was to arrange for the canvass of the city by trades, are businesses, each trade to select its own volunteers to raise its particular quota.

The full letter from President Coolidge follows:

“One of the dangers to America is that those who come here will break with their past. People need something to which they can tie. They need that obedience which is only born of reverence. The sentiment of reverence comes only from knowledge. There is room in our country for everything that is good; there is no restraint here save against evil. Those who come to our shores must bring what they have which is good with the### and never cease to cherish it.

“Teach the ancient landmarks to the youth of the Jewish race. Let them learn to venerate freedom by coming unto a knowledge of the truth. That learning and wisdom which has been a sustaining influence to the Jewish race through all the centuries must be preserved for the benefit of mankind. The youth of your people can associate themselves for no more patriotic purpose.”

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