The evening world. Newspaper, January 18, 1921, Page 4

1 aA MMR RD) aw RN Mk Os NPN rm Pes oe |to right the wrongs of the ignorant foreigners. who, in attempting to help |" GN BANKERS 'WAR ON BANKERS, were joing t about it They have ne nothing about it save to bring tons for the reco’ of thelr money, and the law has d cided that the burden of proof js the victims, As the gathering proof would necessitate a trip to the foreign land, the bankers still have the laugh and the coin besides. The firat bomb was thrown into the camp of the private bankers in the Asvembly last night when Assembly- skstein, from the 4th tof Manhattan, from ater New York where vietlms live, intro- (Bpectal from a Staff Correspondent of The Brenine World) ALBANY, N. Y., Jan. 18—The ex- posure hy Martin Green in The Eve- ning World of the contemptible ex- ploitation of aliens in this country by private “banks” and other “financial Institutions” on the east side has been forced to the attention of the Legis tature, and speedy action is promised By Martin Green. ‘The Evening World's campaign for “Better protection to foreign-born cit- | fens sending money to relatives in -and Bastern Europe brought " forth more fruit to-day, when vari- Ous gast side banks advertised in ‘the Jewish Daily Forward, which is one of the few foreign language NeWepapers that have supported The Evening World, that hereafter re- Mittances to Warsaw and Danzig, in Polgnd, wit be made only ini Amer- Sean dollars instead of Polish marks. | Whe advertisements also state that in | @ase of non-delivery of remittances tiie sender will be repaid in dollars, _ fens the cost of establishing that the | tonéy wes not delivered. ‘The bankers say that they can send @ollars only to Warsaw and Danzig “Mt this time because of lack of fa- ‘ilities for establishing reliable cor- | feapondence relations in small Pol- oo and towns, and also be Y of the practice of storekeopers “end smal) money changers in these ‘gities and towns of exacting trom 26 A per cert. commission for mak~- ‘the exchange from dollati into ‘They have prominva, how- ite this newspaper was trying to put the small banks out of business in the bod joan E: gk Company tee Et the American Worms: Com: pany system proves that The Evening World was right In its claim that bankers who insisted on sending marks to Poland were not treating thelr customers fairly, The Lveuing World is in possession of official figures, taken from Hun- garlan newspapers and furnished by the Budapest Stock’ Exchange, that dollars have been worth more In Hun- gary than in New York for a long time past. While it is undowbtedly true that recipients in Poland, Hun- | and Austri ‘a ection of U thousands of of the money to the days are given the bankers {In which to on its way ‘ers prove by affidavit that they sen the money, and submit affidavits from their agents abroad that the money was received by the bank designated by them, as well as receipts from the persons to whom the money was sent. Failure to comply with the law will be a misdemeanor, punishable by $1,000 Sponey geal from | Ae. or a years imprisonment, of this country are cheated by the money mpi | ‘The bill amends gections 167 and 168 Goats. for marks “or crowns. they |Of chapter 369 of the Laws of 1914, on titled “An act in relation to banking 4 ac probably are just as well off fof, une) oor omntions and individuals, partner: der the old system the senders were ae often cheated at this end of the You Owe Your Eyes A Plain Duty Do you know if you are straining them? You must be SURE when your eyesight is at stake, Ehrlich eyesight specialists advise you frankly if glasses will help your eyes. Reliable Eyesight Examination by Registered Eye Specialists. PhikichkéSons Mew York: ae B'way, at John St. 3 Sixth Av., 15th St. 330 Sixth Av, 22d St. 101 Nassau, at Ann St. 17 West 42d Street Brooklyn :498 Fulton St., cor. Bond St, EO ei ee ee The determination of the leading east side bankers to give their cus-. tomers whatever benefit there may be in exchanging dollard for marks in Poland and (what is more impor- tant) to return dollars which are not delivered abroad is an encouraging sign. It furnishes protection both here and abroad. With this measure of co-operation from the banks obtnined the way ia open for further reforms. One is to © all persons or corporations or partnerships receiving or transmit- ting money under the jurisdiction of the State Banking Department—pre- ferably to require that all such bust. nees shall be done by, incorporated companies and that the capital stoue of such a company shall not be lees than $100,000. ‘The sma! bankers and all the fake agentsiand brokers will regard suoh legislation as revolutionary and prob- ably they are right, but something ap- proaching a revolution is needed in what {8 called the “retail” money transmission business, a greet part of which is beyond the control of any to Warsaw and Danzig. Government authority, State or pa- ut rotary we “ a . + OBA | tonal. srithout overcoming strong op- | A apecial | commission: ippointed ben The Evening World |. me Massachustits Legislature has Bipome. weeks ag that the just reported. a regormendation that DON’T MISS iT Company was amendments be a wit to "een marke to Poland the have the effect of placing every a |- It’s on Page 13 recetved numerous letters— fon. or concern performina bi (pea aponyuicus bu. ar. | functione undor Tho jurisdiction. ar Our contribution toward a successt ast they will extend the sys- gis rapidly as possibic, and hold Ut reason for belief that in the of @ short time it will be pos- to send doliars to ull parts of with fair assurance that the ita will receive full value in for their dollars. ls the opening wedge to the . ighment of a foreign exohange in tanks controjled by the pweion will do away with tre- bern due to the refusal er eee ee sto Europe. ‘The largest banks adopted it and the smaiier banks have to fas! in line, becausé the has gone ail through the east the Bronx and Brownsville that ow possitie to send doilars to through the banks, wns the revdiation of the wide- losses to the poor that broughy rm. Some of the bank- x ve been sending dol- to for months, but only the sender imsisted on sending Now they will send nothing eee SSS of origipating|.ine Commimion of The! THRIFT WEEK ers and ‘other | trangmission of money is a banking Ganeatiters: aad some carry-| function. Sueh a law would \have PEERLESS DRAFERY CORP. . and addresses which were | headed off Ponzi before he got fairly t to be ficttious, chargifig that started, Read Carefully. Best & Co. Fifth Avenue at 35th Street Established 1879 THE LOWER PRICE LEVELS OF 1921 PREVAIL THROUGHOUT THE STORE Women Tell Us These Are the Finest Fur-Trimried Wraps They've Seen for 75.00 Regular 95.00 to 150.00 grades Bunn. frostglo, bokara, evora, vel de cygne, polo cloth and imported mixtures —these are the fabrics, And the furs ?—well, , our fur buyer says some / of the collars alone are worth 75.00! SS a =e ee eee ee Natural Squirrel Opossum Genuine Beaver Scotch Mole French Seal Nutria All the fashionable colors: Every garment handsomely silk lined and interlined. Sizes 34 to 46. Third Floor. corporations under the supervis-|date not later than w Mc Cutcheon's Children’s Garments at Reduced Prices cCUTCHEON’S Children’s Depart- ment offers a wealth of satisfacti¢n to mothers who insist upon distinctive quality, workmanship, and durability in children’s clothes, So the special reductions we are making in Rompers and Oliver Twists (1 to 4 years) - and Smocks, Blocmer Dresses and Under- wear for ‘little folks from 2-to 12 years, represent a’ distinctly worttwhile oppor- tunity td make the necessary additions to depleted little wardrcbes. We invite special: attention to our com- plete assortment of new Spring Frecks in the delightfully smart fabrics of the season. Bloomer Dresses Specially Priced . We are featuring the ever-popular, prac- tical Bloomer Dress in Devonshire and Chambray at these unusual. prices — $3.95 to $5.95. Fifth Avenue . New. York 34th and 33d Streets Crywal Sais of Imported and Distinctive Domenic males at ‘very reasonable prices Customary January Sale of Table Crystal and China JREFRESHMENT sets, gold encrusted goblets, cut crystal finger bowls, everything in fact that table crystal needs is here at Ovington’s. China too, « fi the most informal tea set to the most stately dinher service may be had. The wares are just as distinctive as ever—the prices are from ten to fifty percent less, OVINGTON’S “The Gift Shop of Fifth Avenue” * 312-314 Fifth Ave. Near 32nd’St. ‘gt BOW FOOT ENDS Give Additional Charm and Character te GREENPOINT METAL BEDS ‘THs new feature in Greenpoint Beds is only another instance of the progressiveness of our The superiority of construction and fare are true to the Greenpoint reputation for the highest aes of metal beds, Truly natural wood Model 1698 ua, only by Furniture and Departe ment Stores, Write for bookies F (GREENPOINT METALLIC BED Co, Brooklyo ‘New York { i IT OO ROL IOS ships, or any incorporated aaspalatlons| esnncd is to be transmitted and the ich.auch money jon,of the Banking Department, con-/is to be transmitted Sy such private |thelr relatives in foreign opantries by stituting chapter 2 of the consolidated | banker, Every private muntker violat- va i | mending money to them through the | jaws." ing any of the provisions of this «ec- y ‘banka, have learned that they might| Seetion 168 of such chapter is heréby | tion shall be guilty of a mindemouner Pi an well have diimped thelr hard. Heed to read an follows: | punishable by a fine of $100 or hy im- . m : vate bankers or agent thereof) prisonment for a term not excevtling | 1 earned savings inte the been shall give proper receipt for money | one year or by both." As shown by Mr, Green's series of received for tranmminsion, —» pelt Boe i articles, the immigrants have been y such private banker and MONEY EY CHANGING OPEN AT A BANY robbed ole ant coming. th many [every ‘aout ot hich private vanher | BOY OF 16 HANGS HIMSELF. y have, ave : , whe ney iw recelved for | cases they have, given thetr #00 | transminsion, i ) the parson deliv. | Belleved Depressed Because of American money for worthless raglering or depositing such money for| * Parental on Skating. —_-—- currency, and in many more cases the Bhestipp a ‘ receipt for such Lom Maes. Jan. 18,—The . 9 Sears . money hax never beon sent at ali,| Money or deposit in th of such | body of O Garter ‘Chaney, a high : panke band ad- | Schoo! bo: nen, ‘ound hat wit Send. Only | Only Dollars to) Evening World's Revelations the ‘tankers are fellow countryman |RUvate banker with the nario and ad; | mo! hoy of tateen, wag food bang Europe Now, and Also Bring New Measures to of the unfortunates they have tricked, |thereon, And such receipt aball state |" hoy te pelleved. to have com + Ns 4 . . and when restitution has been de-|the date when such money Ls received, mitted suicide because his parents had | Promise Delivery. Check Swindlers. manded, the bankers have toughed | the beta thereof, thé nane and ad-| forbidden him to play basketball ort and asked the immigrants what they AMC at EER AL A MEA AF RA A THE EVENING | WORLD, ‘TUESDAY, JANUARY My FITTED BODICE, AND to Céuhestion with Any Other Establishment in the World wo RTH THIRTY-FOURTH STREET BROADWAY-FIFIN AYCHUE Crarmunc New Frocvs THAT REFLECT THE STYLE TENDENCIES FOR SPRINGTIME AND AFTER9 PRESENTING . PHENOMENAL VALUES AT ’ 98 -00 CHIFFON ‘TAFFETA SILK FROCKS, STRIKINGLY DEFINED BY LINES OF YOUTHFUL BEAUTY, WITH SEMI AT 45 .00 Frocks oF GENUINE CANTON CREPE, MODELS OF DISTINCTIVE INDIVIDUALITY, WITH FITTED BODICES SHOWING A SQUARE NECK AND SHORT SLEEVES RAPHASTZED BY EADROIDELED GEORGETTE A GRACEFUL APRON, OVERSIART IS RUFFLED FROM HIPS 'TO HEM? FLARING SKIRT SHAPED BY HORIZONTAL CORDING, AND ARTISTICALLY EMBROIDERERED IN CONTRASTING COLORS FINAL CLEARANCE OF vontn’s AND Misses’ CLovu Fooces IN THIS SEASON’S MOST DESIRABLE MODES eAr Drasticatty Repucep Prices ed | eer AFTERNOON FROCKS OF SUPERIOR TRICOTINE, VELVETEEN AND VELOUR WONDERFULLY SMART «AND GRACEFUL, EXCELLENTLY TAILORED, AND GIVEN DISTINCTION «AND INDIVIDUALITY BY BEADWORK, AND EMBROIDERY : = iid TL A APN a eg ( rs