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June Receipts of Keren Hayesod Show Decrease

July 26, 1926
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(Jewish Telegraphic Agency Mail Service)

A decrease in the income of the Keren Hayesod, the Palestine Foundation Fund, is seen in the figures published by the head office of the Fund for the month ending June 30.

Receipts for the month of June amounted to £ l43,655, as against £ 56,070 received in June of last year. The latter amount includes the sum of £ 10,000 contributed last year by Bernhard Baron for the University.

The total receipts of the Keren Hayesod up to June 30th, 1926, amounted to £ 2,398,063.

By far the largest share of the June receipts, £ 23,016, was furnished by the United States of America, Canada being second with a contribution of £ 4,714 and Greater Roumania third, with £ 3,073. Germany contributed £ 2,677, £ 1,402 of this amount representing the result of a personal appeal made by Dr. Weizmann in Berlin on behalf of the Technical Institute at Haifa. Egypt sent £ 1,427 and Poland £ 1,225 (Warsaw contributing £ 517, Cracow £ 257, Lemberg £ 210 and Wilna £ 40). Argentine figures with an amount of £ 1,000 and concludes the list of the countries to reach the £ 1,000 mark.

England contributed £ 750 and Palestine £ 599.

The Board of Directors of the Keren Hayesod pointed out that whether or not the hope of beginning the new working and budget year on October 1st without an overwhelming deficit, is to be frustrated, depends upon the steady maintenance and increase of the normal receipts of the Fund.

“The gravity of the position has been somewhat alleviated by the generous contribution from Bernhard Baron of £ 25,000. The regular monthly remittances from South Africa which, are a result of the successful South African campaign will be coming in. If every country, during the final quarter of the year, will make a special effort to collect all the pledges due, the deplorable economic position in Palestine may be prevented from growing worse. At present the situation is so grave as to require the most energetic measures being taken,” the statement of the Board of Directors declared.

Col. Henry Lehmann, Jr., last commander of the Fourth Infantry, New Jersey National Guard, died. He lived in Weehawken. Col. Lehmann won promotion to the rank of Major in the Spanish-American War and was a Colonel when America entered the World War. He was 66 years old.

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