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Israel’s Bond Issue Might Be Subscribed in “over a Year.” Kaplan Says in Washington

Israel Finance Minister Elieser Kaplan met with Assistant Secretary of State George McGhee and later told reporters that the $500,000,000 Israel Bond Issue might be subscribed in “perhaps over a year.” Mr. Kaplan stated that financial and economic problems were discussed at this afternoon’s meeting.

Rep. Arthur Klein today conferred with President Truman at the white House on problems concerning Israel.