Israel Bond Issue to Be Launched in Canada Late This Fall

An Israel bond issue will be launched in Canada late this fall, it was announced here last night by Edward Gelber, chairman of the United Zionist Council. The announcement was made at a meeting of some 3,000 persons at Massey Hall welcoming Israel Foreign Minister Moshe Sharett.

Mr. Sharett was the guest of honor today at a luncheon tendered in Ottawa by Lester Pearson, Minister for External Affairs, attended by members of the government and leaders of Parliament. Earlier, he was received by Premier Louis St. Laurent and was granted an audience by Governor General Vincent Massey.

At the Toronto mass meeting, Mr. Sharett paid tribute to Canada’s “generous” political and economic assistance to Israel. He outlined Israel’s achievements over the past four years and pointed to its promising future based on a growing industry, technically trained manpower and mineral resources.

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