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Israel Bond Sales Campaign Progress in Europe Outlined by Leaders

August 31, 1954
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The Netherlands Government has given its approval for the Israel bond campaign in that country to double its original quota for the sale of State of Israel Development Bonds, Henry Montor and Julian Venezky, Israel bond drive leaders, told a press conference here. The new Dutch total is 4,000,000 guilders in bonds.

The Belgian Government has already granted permission for a bond sales campaign to be held in that country and the drive will be inaugurated October 15, it was announced. Mr. Montor said that the Swedish Government was about to grant permission for a similar campaign in that country and that substantial sales had already been made in Switzerland. He reported that the bond drive organization also expected to sell the securities in Tangiers.

Another delegation of U.S. bond drive leaders arrived here today and immediately conferred with Levi Eshkol, Israel Finance Minister, Dov Joseph, Development Minister, and other members of the Cabinet as well as a number of leading industrialists. The delegation will tour the country later and then will return to the United States to report to next month’s national leadership conference of the bond drive organization.

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