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Israel Bond Organization Launches Emergency Drive for $16,000,000

An emergency telephone conference, linking more than 2,000 Jewish leaders in 78 cities, today inaugurated a special campaign for the sale of $16,000,000 in Israel bonds between now and the end of the year. Participating in the telephone book-up from the national offices of the Israel Bond Organization were Dr. Dov Joseph, Israel Minister of Development, Abraham Feinberg, president of the Bond organization, and Dr. Joseph J. Schwartz, executive vice-president.

Emphasizing the fact that “the Czech-Egyptian arms deal places the State of Israel in serious jeopardy,” Dr. Joseph called for an intensified Israel bond effort to prevent undue strain on Israel’s economy. He referred also to another important source of economic strain in the immigration of 45,000 Jews this year, as a result of the deterioration in the Jewish position in North Africa.

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