BELGIUM: Loewenstein

Stocks tumbled down on the exchanges in London, Paris, Berlin and Brussels, last week, to register a total loss of more than $50,000,000. Sole reason: uncertainty had arisen as to the whereabouts of Belgium's richest Jew, M. Le Capitaine Alfred Loewenstein.

M. Le Capitaine is the burly ogre in the fairy tale of European stock manipulation. Ogres gobble. Ogre Loewenstein boasted recently in Manhattan (TIME, May 7) that the two major holding corporations chairmaned by him* have gobbled lesser public utilities and artificial silk corporations to a total of $150,000,000.

A thoroughgoing...

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