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Item ID | 335043 | |||
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Title | Letter from Z. Tygel to Dr. Bernard Kahn | |||
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Author | Tygel, Z. | ![]() |
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Document type | Textual Material | |||
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Dates | 1932 April 29 | |||
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Date | 4/29/1932 | |||
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Poland: Subject Matter, Reconstruction, Central Reconstruction Bank (CRB), Warsaw, 1924 - 1932 | ![]() |
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· Reference Code | NY AR192132 / 4 / 25 / 3 / 394 | ||||
· Full Reference | Collection: Records of the American Jewish Joint Distribution Committee of the years 1921 - 1932 - NY AR192132 | Sub Collection: Countries and Regions - NY AR192132 / 4 | Record Group: Poland - NY AR192132 / 4 / 25 | Series: Poland: Subject Matter - NY AR192132 / 4 / 25 / 3 | ||||
· Dates | 1924 - 1932 | ||||
· Scope and Content | Polish State Bank releases JDC's $50,000 deposit, and latter redistributes the funds, 1/30/24, 2/25/24. Dr. Kahn and Dr. Oungre Managing Directors of JDC Foundation, question if Central Reconstruction Bank can survive in its existing form, 6/17/24. Audit Report of Central Reconstruction Bank, 1/4/24 - 3/31/25. Council, JDC Foundation, expresses loss of confidence in Central Reconstruction Bank management, see: File 151, 5/15/28. Financial mismanagement of Central Reconstruction Bank 10/19/31 - 11/20/31. Foundation severs relations with Central Reconstruction Bank 2/25/32 - 11/18/32. Correspondence: Cyrus Adler, Paul Baerwald, Joseph C. Hyman, B. Kahn, M. A. Leavitt, H. H. Lehman, Evelyn M. Morrissey, L. Oungre, L. G. Robinson, Z. Tygel, H. Viteles. Also see: File 151, 4/4/28, 3/14/30 - 4/21/30; File 155, JDC Foundation Minutes, 12/16/31. In late 1921, the JDC sought to found a Jewish Reconstruction Bank in Warsaw, as a joint stock company, for the grant of Reconstruction loans, but the Government license needed was not forthcoming. In November 1922, the JDC purchased a joint stock company, the Bank Rosyjsko-Polski, Warsaw, the Russian-Polish Bank, at a cost of $35,000, and renamed it Bank dla Spoldzielni, Central Reconstruction Bank, to serve as a central agency for the federations of Jewish loan cooperatives in Poland. The revised bank charter received govt approval. The JDC, and subsequently the JDC Foundation, made substantial grants to the Central Reconstruction Bank. | ||||
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Search in Collection | 1921-1932 New York Collection | |||
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Language | English |
Multimedia files Attachments
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Documents\NY_AR2132\00050\NY_AR2132_00811.pdf |