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Special April Drive to Convert Israel Bond Pledges to Cash

The month of April has been designated as “Economic Independence Month” to be devoted to a nationwide effort to expedite collection of some $11,000,000 in outstanding commitments for purchase of State of Israel Bonds, Abraham Feinberg, president of the bond organization, announced today. He said that cash payments for these bonds would normally be received later in the year but is being sought now because of Israel’s urgent need for cash to carry forward its economic development program.