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Newspaper Page Text
LAST EDITION LAST EDITION
GERMAN BOMB WRECKS AMERICAN CONSUL
ATE ROSENWALD TAX STORY TO GRAND JURY
THE DAY BOOK
An Adless Newspaper, Daily Except Sunday
N. D. Cochran,
Editor and Publisher.
500 South Peoria St.
Editorial Monroe 353.
''Circulation Monroe 3826.
VOL. 4, NO. 50
Chicago, Tuesday, Nov. 24, 1914
FREED BY JUDGE, SIEGEL IS ON WAY
HERE "TO START AGAIN"
Court's Instructions and ,Cfemency Give Liberty to
Former "Merchant-Prince" Who Ruined Own
Employes and 15,000 of New York's Poor
Just before last Christmas, in the
midst of a bitter winter, Henry Sie
gel's string of department stores
all except the one he founded in Chi
cago went crashing info failure.
With the stores went Siegel's pri
vate bank and the pitiful little
amount in the "benefit association"
oThis shop girls and clerks.
The 15,000 depositors in the pri
vate bank were of the poorest of the
poor df New York's East Side shop
girls and scrubwomen, janitors and
In most cases their deposits in
Siegel's bank represented the sav-ingB-of
yeaTg",theljr ony hdpeol pug-
ing through the winter or time of
Hunger and suffering and suicide
after suicide followed in the wake of
the failure. New York's East Side
was plunged in gloom.
The "benefit association" had been
buQt up among his own employes by
SiegeL He had pointed out to his
poorly-paid shopgirls and clerks the
virtue . of saving money against a
rainy day. He had induced them to
deposit 5 and 10 cents a week of
their hard-earned money in the "ben
And an that money was swallowed
"up, too," "
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