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Israel Matz Sees Future for Palestine Industries

March 21, 1927
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“The encouragement of industries will solve the unemployment situation in Palestine and assure a sound development,” declared Israel Matz, well known New York business man and philanthropist, who returned from Palestine last week.

“The 6,000 unemployed Jewish workers could find steady employment if the orange industry were more widely encouraged. Palestine exports annually two million cases of oranges. If ten times as many could be exported, a market for this product would still be found because Palestine oranges are in demand.

“Funds put in Palestine orange growing are a good investment from a business viewpoint. A company with a capital of a half million dollars has already been formed in Palestine for the purpose of extending orange growing.”

Mr. Matz also stated that in his opinion it would be easy to develop the sugar industry, the granite industry and grapefruit growing.

A Jewish theatre to cost about one million dollars is to be built on Eastern Parkway, Brooklyn. The project was announced yesterday with the purchase by Hoodack, Gold & Schreier, of the property at the corner of Eastern Parkway and St. Johns Place. Plans already prepared by Harrison Wiseman, who designed the Jewish Art Theatre in Manhattan call for a structure to seat 1,800 persons. The site valued at $155,000, was sold by the Stockman Realty Corp., and a twenty one year lease was simultaneously give to William Rolland, who will operate the property.

The Carnegie Corporation of New York, in making public a list of 29 fine arts students recommended for scholarships for 1927-1928, has named as alternate Daniel Goldstein of New York, graduate of Columbia University 1925, graduate student 1926-27, to continue graduate study at Columbia.

Meyer Schapiro of New York, graduate of Columbia 1924, graduate student in Europe 1926-27, was named for reappointment to continue study at Columbia. The appointments are to be made on March 22, following a meeting of the trustees.

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