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A Credit to Their Community
Jewish Loan Societies in the United States, 1180-1945

Shelly Tenenbaum
Based on primary historical documents, this book provides an in-depth historical analysis of the emergence, growth, and subsequent decline of three types of Jewish loan associations in America: Hebrew free loan societies; remedial loan associations—philanthropic loans societies that charged relatively low interest fees; and credit co-operatives. The author addresses such topics as the activities of women's loan associations, debates about whether or not to open doors to non-Jewish borrowers, discussions about the merits and faults of implementing interest charges, the effects of the Great Depression on loan organizations, credit organizations for Jewish chicken farmers in northern California, and the relations between free loan societies and other Jewish organizations. While the primary focus is on Jews, the text also offers comparisons between Jewish loan societies and those of other enterprising groups such as the Japanese and Chinese.
"A carefully crafted ethnohistorical analysis of the emergence and function of Jewish loan societies in the United States over a sixty-five year period . . . well written, appealing, and well crafted."
—Contemporary Sociology
 
American Jewish Civilization Series

$36.95s cloth / ISBN 0-8143-2287-5


204 pages

1993