Rothschilds, Kuhn Loeb & Co. Assailed for "Aiding Hungary"

This Day in History

The London house of Rothschilds and the Paris representatives of Kuhn, Loeb & Co. of New York, are bitterly and indignantly assailed by the WIENER MORGENZEITUNG for what the paper regards as excessive cordiality shown towards the plenipotentiaries of the Horthy regime, who are negotiating a loan in European capitals. Count Bethlen, the Hungarian Premier, and M. Kallay, the Finance Minister have been spending some time in Paris, London and Rome in the hope of floating a Hungarian loan.

“The representatives of the London Rothschilds and the Paris representatives of Kuhn, Loeb & Co. have not only discussed the loan but also invited to their home for lunch and dinner representatives of the Horthy terror, the initiator of Numerus Clausus and other repressions against Jews”, the LORGENZEITUNG asserts. In connection with this it recalls that a proposed loan by Czarist Russia was refused by Jewish bankers, in the absence of suitable guarantees of a betterment in the treatment of the Jew in Russia. This time the Jewish bankers evidently asked for nothing more than the privilege of participating in the loan, this journal charges, while it says it learns that prior to his departure Premier Bethlen prevailed on the Awakening Magyars to halt their pogrom activities, pending the successful completion of the loan.

http://www.jta.org/1923/05/17/archive/rothschilds-kuhn-loeb-co-assailed-for-aiding-hungary