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Jewish Agricultural Society Reports Record Achievements in 1948; Loaned over $440,000

The Jewish Agricultural Society of America reported today in its annual survey that a “postwar high in farm settlement in the United States was reached last year,” adding that since its inception the organization has ####ded $11,000,000 in farm settlement loans. The report was made public by Dr. Gab#### Davidson, managing director of the Jewish Agricultural Society.

The past year “teemed with activity” for the Society, Dr. Davidson said, Pointing out that loan applications during 1948 exceeded $1,000,000, the highest ### since 1930. The number of Jewish families settled on farms by the Society last year was topped only by the 1920 peak, it was revealed. “Preferential treat###### accorded to displaced persons and veterans, who received approximately 59 person of the total amount of funds loaned by the organization,” the report added.

Dr. Davidson noted that of the 4l5 families settled during the past five year by the J.A. S., “only 47 were reported to have left their farms, and most of #### for reasons of illness, death or through causes not related to farm economy.” #### of 157 families were established on farms last year, the annual report showed, ##### total of 1,160 persons applied to the Society’s offices for farm settle-##d.A little more than $440,000 was approved in farm loans by the Society during ### Since the Society’s employment department was opened, more than 21,000 persons have been placed in agricultural jobs, the report added.

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