U.S. Leaders of Israel Bond Drive Withdraw Their Resignations

The top leaders of the Israel bond drive in the United States left for New York today following their withdrawal here this week-end of the resignations from the leadership of the drive which they recently offered to the Israel Government. An agreement between them and Premier David Ben Gurion was signed at the latter’s home, to eliminate differences over working methods which precipitated the resignations.

A statement issued by the government here declared that the Israel Government has had the opportunity to meet the bond drive leaders to discuss common problems and “the meeting ended to the satisfaction of all concerned,” It said the government was glad of the opportunity “to express anew their confidence” in the five men who had resigned–Henry Morgenthau Henry Montor, Julian Venetzky, Rudolf Sonneborn and Samuel Rothberg–and stressed that responsibility for working out plane for bond sales was placed on the American Financial and Development Corporation for Israel, which conducts the sale of bonds in the United States. The statement appealed to all Jewish communities and friends of Israel to assist in Israel’s development.

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