Otto Kahn, of Kuhn, Loeb and Company, New York, told newspapermen here that the purpose of his visit was to study economic conditions in Hungary and to conduct negotiations with Hungerian financiers.
Mr. Kahn arrived Monday and had an audience with Admiral Horthy the same day. Finance Minister Kalley entertained Mr. Kahn at dinner Monday evening, sixty political and financial leaders being present. It is understood that arrangements for the Hungarian loan were discussed at this occasion.
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.