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Polish Jews of Tel Aviv Seek Funds for Bank

January 24, 1930
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The Federation of Polish Jews of Tel Aviv is sending Dr. Spindel and Abraham Lerner to Poland to sell stock in the Palestine-Polish Immigrant Bank. Five thousand dollars’ worth of stock are said to have been sold in Palestine. It was explained that the purpose of the bank is to prepare for Jewish immigrants from Poland and to avert a repetition of the failure of 1925, when thousands of unprepared Polish Jews came to Palestine.

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