Monday, Mar. 17, 1924
Lutheran Weapon
Lutheran ministers and laymen in the U. S. have been urged to invest in French francs on a 25% margin with a view to "selling short," thus still further depreciating the value of French money.
The argument is that "if French credit is entirely ruined, France will be brought to her knees," the Ruhr will be evacuated, Germany will recover, French hatred and arrogance will disappear, Germany will be safe in peace.
This argument is set forth in a circular to American Lutherans issued by a Delaware corporation with offices in Manhattan. The circular states: "Thousands of our brethren in the faith have lost all hope; thousands have left the fold of the Church. Germany is being crushed by a nation of another faith. Shall Lutheranism be crushed in the land where it was born? We have an effective weapon to prevent this."
The circular offers to supply full details concerning the financial operations advised. . . .