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American Bond Leaders Impressed by Israel Economic Development

The members of the American bond drive delegation currently visiting Israel are tremendously impressed by the progress made in economic development in Israel in recent months, Julian Venezki and Joel Gross, leaders of the Israel bond drive in the United States, today told a press conference here.

They cited such developments as the gigantic Kishon and Nathanya projects as evidence that funds raised through the sale of bonds have been spent on “efficient and constructive” projects. The bond campaign leaders, who expect to be back in the United States in time to participate in the bond organization national meeting in Atlantic City September 12, expressed the hope that bond sales will increase this fall and that the entire $500,000,000 issue will be sold out within three years of its launching.