The Denver Jewish news. [volume] (Denver, Colo.) 1915-1925, 1920-02-25

The plan to establish Jewish peo-
the ruined Kehillahs and for .he re-
habilitation of the Jews who lost so
much in the War, is now taking on a
clear-cut form. At the last meeting
Of the Joint Distribution Committee,
it was definitely agreed tnat the bank
should have capital of $1O,OOO,000,
and that it is to have branches in all
European countries, and in the larger
Jewish centres in each country. Mr..
Louis Marshall is devuting much
thought to this plan and he is now
engaged in formulating the bylaws of
the bank and while he is rocking after
the Jewish work. of the bank, many
Cf our bankers have got into communi-
cation with various banks in Europe,
with a view to making connections
with them for the projected institu-
tion.
The two important concerns of this
bank will be to transmit monies from
American Jews to their relatives in
Europe and to help the Jewish work
ers and merchants who are in need
of credit in order to earn their living
thru their own labor ana trade.
At the annual meeting of the New
York Hebrew Free Loan Association.
which was held last Sunday, good
work was reported as usual. This loan
organization, in the course of the past
year, has loaned to Jewish borrowers
the SUN Of million dollars, and the
encouraging part Of the report is that.
out Of the entire million, the organi-
20 ton lost only $121.OO. This is a
record OH which any bank might prop
srly pride itself ~.
Such report ought to encourage
those who are planning an extensive
Jewish peoples bank for Europe; for
| 1t may serve as concrete proof that
small loans to the poor-and no veal
thy persons may borrow of the Asso-
c;ntion-are in many respects more
! secure than the huge loans to the
wealthy, If only the lending is man
aged properly, with good security and
carefully regulated expenses.
The American Red Mogen David
held its second annual convention III
Philadelphia, and the results. are not
very satisfactory. Few delegates at
tended, and those who did come We're
not able to contribute much toward
covering the deficit of 5000 which
the organization has incurred in the
PAST year.
Instead of becoming associated with
one of the large national organiza-
tions and offering it willing, tho fee
lle, support, the American Red Mogen
David has again resolved to remain
distinct-after its years sad expert
ence of Independence" The one ac-
QUESTION which the American Red
Mogen Duvid has made is that it has
secured Rector Leventhal, the dis
tinguished Philadelphia Rabbi. as Hon
orary President. Let us hope that
Rabbi Leventhal will not only give the
Red Mogen David his blessing. but
that it may also benefit by his exper-
ence in organizing work and leader
ship of which the Red Mogen David
stands in greatest need.
The active president, Mrs. Spivacke.
lias long been seeking a man of wide
| reputation and experience who symp-
| athizes with the work of the American
Red Mogen David, to help her bear
| the heavy burden of the organizat ton.
| She could have found no one more
appropriate for the post than the ven
cradle man who can appeal to all
| classes OF Jews.
In the Criminal Courts Building in
New York, there has been opened this
week the first Jewish Court of Ar
bitration," which is to consist of rabbis,
lawyers. judges, merchants and So
cial workers. for the object of decid-
ing various legal points and business
conflicts arising between one Jew and
another. and thus avoiding the neces-
s;ty of appearing in the trial courts.
In a Jewish Community rs large as
that of New York, there are enough
Jews and enough dissensions which
might be much more appropriately set
tied by such body, than by bringing
them before the courts and occasion
ing the consequent notOrirty ut times.
And there is no doubt Jewish New York
will make good use of such an ar.
l,Itto tiop l,oa ri haca l,ce n Sida from tho