American Economic Aid to Israel Lauded at United Nations
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American Economic Aid to Israel Lauded at United Nations

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“The generous and constructive American enterprise” in supplying economic aid to Israel and to many other countries was praised highly here today by David Hacohen, member of Israel’s delegation, who addressed the General Assembly’s Economic and Financial Committee.

Participating in the two-week-old debate on a proposal for the establishment of “SUNFED”–a $250,000, 000 special United Nations fund for economic aid to underdeveloped countries–Mr. Hacohen made a plea to the wealthier countries of the world to help the nations that need aid. Mr. Hacohen’s address seemed to make a powerful impact upon the delegates, a number of whom congratulated the Israeli representative after his speech.

“It would be impossible to exaggerate the vital role which government financing by the United States of America has had and is having on the rehabilitation of the economies of the countries of Europe, in the first place, and on those of other countries as well, my own included,” Mr. Hacohen, who is Israel’s Minister to Burma, said, He pointed out, however, that the surest way of providing the kind of aid that the underdeveloped countries of the world need is through the establishment of SUNFED.

Calling upon his own experiences as chairman of Solel Boneh, the constructive and industrial arm of Histadrut, the Israel general federation of labor, as well as on his experiences as Israel diplomatic representative in Burma, Mr. Hacohen said:

“For the past 30 years I have been associated very closely with the largest single industrial enterprise in my own country. During these 30 years I have had a unique opportunity of witnessing and indeed experiencing the adaptability of human beings, whatever their original economic condition, cultural standard and level of education to the most complicated processes of modern industry.

“I have seen a similar process in Burma where I have been living for the past year as the representative of my country. United Nations and Colombo Plan Technical Assistance have given that country a boost which has been guided by its honest and courageous leadership into constructive channels of development. What I have seen in Israel and in Burma have been enough to convince me that there are no limits to what a human being and a country can do–given the will and with the aid of the two forces of money and skill,” he declared.

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