The St. Louis Republic., 1905-10-29


l,"c."J HrNGARlANs IN UNITED
There arc now more than l.tlv01 Hun:
Saridns In the Tn ted states and lls.No of
New New York ci,y. they ore ~ eolonized chiefly
N these Districts: Between Houston and
Fourteenth streets. Second avenue and
the East River: between s.venty-fifth and
r:.sh.y-hfth streets. .iadison avenue and
tn. East River. There are also iArge co..
onies in the Bron.. staten Is.and. .;Tsen-
York tn: rrinr pal Hungar an se;tl. nenis
ar. IN. New jersey. Pennsylvania. ono.
Virginia, West Virginia. Indiana and M
nos. In ali of these localities barking
business Of ~. character described Sour
ishes. II is estimated Dy those VINO have
studied the conditions that at least t"o-
have deal ms OF one KIND o: another With
the banking Institutions conducted by
sse;i y 1s sou1,.ie. a. az; saS: fry 1aeehs ,.1
or less .ss"nt' Many .: tie 81 Eunsar.as.
Institutions doing bus ness 'r New York
nis sjsr cSSsd sSs = = ss;wsf1sx 4as S;s: s s.
GERS II one OF thee institvtions sire not
long ago arrested upon an order Of the
% ton Of IN. INV hssericsS .gI EsskeHs. m s ' Assoca
tion- II was disclosed that the so-cailed
president OF the concern va. an express
man. the cashier a bartender. and other
cfftcers OF tn" concern were not in evil
d.ice. Although complaint Of Sc: Gus na-
tu:e was maze In the case evidence Of q
y.
ard the chic: ofcnder escaped with q fin..
L<.ss than a year ago one OF these bank
crs and steamship agent closed his place
In Avenue Il. departing with about $3.!'sO
belonging to POOR immigrants. The affair
cYs-d - s!eat Il disturbance that the pH-
Ice and District Attorney were Obliged 70
banker Wa; Wa caI=ht in wiliian,sb burg
I:aIn.s-Ia~ hotel. where he WAS n hiding.
making pre- rsparafioIs 20 leave the country.
Ia that case. there w..e several English
speaking witnesses. y no gave tss;imon!
upon shich IN. young banker was prompt
Is convicted.
ITALIAN GOVERNMENTS EFFORTS.
To the credit cs TIE italian Government
Ing mad. for tn. protection OF it, imni-
grants in New York against their dis
honest coUntry;ncn. Thc'I,a'hsn Consul is
doing all IN his power 70 expose th" FAX.
hanks TO thr "mIgrants and 70 ennourac.
H.. Italian hsnk- In tn" city which are
doing laS.Iiinaf: business. Within the
Italian banker Ia New York. when IN.
subj. c, OF IN" fake Institutions Was thor
nashly gon. over. Al that nleefin. an or-
der from the italian Government was read
directing III. Govsrninen; officials in Heu
York to discover and suppress the inscicu-
ti"ns whi"i. wei. roh'i:'z iSno.ar; !mnl:-
tul!iin- Of i'ios" Institutions known 20 h..
reliable. u Was shown that there ar. "a
Italian bankers in New York. who arr
doing a business amounting 20 sT:"'i.'',
Records showed tina. since Isee the Ital-
ian hanks Of the city have handed upsari
OF St".'S:",, and tina, iarg. part OF this
i:lpn'g has been sent back 10 Italy
As rule. th" Italian Immigrants are
NOR. Intelligent and aggressive than Hun
Sarians. and with NOR. substantial as
S!stanc" from their Government u is pre-
4icf"i that IN. bsnk-swind!! ing business
among th"tr peopl. will soon be stamped
pm,, Mith ih. HunEarihns. Au=;:ians and
ing for i've wears. In Fii.sbu,g and Oth,r
cities adjacer, 10 n. ..,A.n- districts the
pity hanks are aimos: a. numerous "a.
inrk. IL + not unusual 10 find a BANKER
c"nhinins saloon. ticket aHcnry and
nr"spaper office with his financial insti'u.
hon- In nearly every cas-. the bank acts
a. agent tor one or all STEAMSHIP, and raji
road companies
SHIFTING OF BUSINESS.
ih.re hGs also been much shifting OF
~" HunGaFian banking business between
.neh York ana the Pennsylvania mining
districts Within tn. last few wear. Th.-.
are s.'"'a! cases on record rh-y. a bank-
.,' ~ af,"r r. doing business sor Il few months
Ohio. and after making his haul there ,,,s
.slin returned 70 New York. establishing
.ihisei ,ii IN business in u different part of
anvertisen'ents o: these INSTITUTIONS AZ.
ii"aNs very ai;Ur.rc. Foi!owinc l. q,
.,anslat!c'I of IN. advertisement IL one. 81
York: o'iNs III Nc"
This IS the only bank In a., America
"HI'h guarantees all money transact rs
WIN ~ own capital. and IL for this nr,r-
ican laws. II has Sl"o ns, II. treasurer
nas given bond o' $n.uS In America.
aitn the exception Of this bank ali other
CankS Use their rames alone a. So
,urty tor money intrus'.d TO them This
Is The only banking business which. hay-
,hC ee.m lawfully Incorporated. Suaran-
tees With It's own capital for the ha-S-
earned dollar. and cert. !rt-,,.,ca :, j,
by IN" y.'or iahor.r.
W nocver intruSts h!s money - .iis
business. Trl:kc any other bark,ng tusi-
ness. he all instantly receive norinra-
'!nr ftat his money under Sla:ar:c.. OF
our c@pit9l has been cent 10 its d.s:Ir.-
ton an thar Il has been .rs.i .o- .hS
purros" i"s:-'a by the ow:ar Of tn.
money. Therefore. anyone no docs NOT
want his hcrG-carnod money sent to rsl.-
tiVes L.! the old country To H.. Jos, in the
hands OF III" mrsnr0onllik- .-roHn fak"
banks SHOULD direct AT once -. rou!rruui-
't'!5I> ard 'rln'.s tt!s business Thi-
- tn" Hungarian husin.>s in America
which has 81 of''""- IN Budapest.
ms business l. ais" agent IDg all the
railroad and steamship COMPANIES and j.
"vcrywhcr" AZ III" lowest ra-.r. There
fore. brothers. aryrr. who wants 90 send
money - his relatives ia s.cIIrt. fashion
or wants - bring his relatives here or
absolute conn !"1'" {" tEis business. vhirtl
.U ~" most satisfactory and - 'Ir.. meth
o!s wi! solve al complicated money
CU'>ti0Gs
Educat.on and kn"uisdss o.: American
laws and customs. r.l"-H who EaS,
stuiied ;hr subject. ar" tn" only aai.-
guards TO- tho immigrants acains. fh"
cons ;itTsrorS % their own race. For
many reasons. som" - which have ben
shown I, = very dif.irui, C. bring these
- - - val Ia