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Baron Rothschild to Discuss Plans in Europe for Israel Bonds Sale

September 3, 1957
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Baron Edmond de Rothschild, grandson of the great Jewish philanthropist who established the first Jewish agricultural settlements in Palestine, left the United States for his home in Paris following a visit in New York during which he conferred with leaders of the Israel bond drive on the sale of Israel bonds in European countries.

M. de Rothschild stated that he will discuss with other European leaders plans for an intensified sale of Israel bonds. He reported that a total of $3,633,450 has been raised in Europe through the sale of Israel bonds sine 1954. “The increase in the results during the current year reflects a growing confidence in the economic development of Israel and its future as a stronghold of democracy,” he said.

In acknowledging Baron de Rothschild’s leadership in behalf of Israel bonds, Dr. Joseph Schwartz, vice president of the Israel Bond Organization, recalled that the barons grandfather, whose name he bears, had been responsible for the establishment of the first agricultural settlements in Israel more than 75 years ago and had founded its wine industry at Rishon Le Zion.

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