The situation may also be the effect of the unfor¬ tunate experience which the public has had with Jewish management of banks in the past. Several large failures have served to impress upon the public mind a certain peculiarity which attached to the Jewish element in those failures. The public has not forgotten, among others, the failure of Joseph G. Robin, whose real name was Robonovitch. He was an Odessa Jew. In an incredibly short space of time he built up four large banking institutions in which public money was deposited. He wrecked them all. His failure was most sensational and caused untold suffering. Robonovitch’s career illustrated very vividly the extent of the gifts and energies of the Jew from Russia, his won¬ derful faculty for building-up large concerns through chicanery, and his cowardice and duplicity in the hour of defeat. This banking career ended in a felon’s cell.
However, one fact of importance, a fact that should be reassuring to the general public, is that the men to whom is entrusted the crucial task of putting to work and keeping at work the financial resources of the United States have hedged themselves about with a non-Jewish wall of great strength and long standing.
. The effort of Jewish interests to gain control of the Stock Exchange is also an interesting story, and al¬ though the record shows a steady Jewish gain toward th6 end they desire, it is slow; but there are indica¬ tions that the relentless persistence for which the Jew is noted, will prevail in the end—that is, if stock gam¬ bling continues to prove an alluring source of wealth.
When the Jews gain control of the Stock Exchange they will, for the first time, possess the power to wrest public banking control from the non-Jewish group.