Mrs. Halprin Confers in Argentina on New Zionist Financial Instrument

Mrs. Rose Halprin, acting chairman of the Jewish Agency executive in the United States, emphasized today that the projected new Zionist financial instrument in behalf of Israel will take its place in the Jewish community beside the United Jewish Appeal and the Israel bond drives, not in place of either of them.

Speaking to the press, Mrs Halprin, who is accompanied on her four-day visit here by Gedalia Zakiff, Agency executive secretary in Jerusalem, said that the Agency had decided to contact local community leaders before going ahead with the new financial instrument which the last meeting of the Zionist Actions Committee had authorized. She indicated that she was most impressed with the positive approach she found in Sao Paulo and Rio de Janeiro. The general consensus is that the plan can be carried out although certain difficulties exist, she stated.

Mrs. Halprin expressed confidence that the Jewish communities in Latin America which she has visited on this trip would respond to the new approach. She asserted that her trip had proved that it is essential for the Zionist leadership to become acquainted with the various communities, and that she had found local Zionist circles “extremely knowledgeable and ready to accept a total Zionist program. “

Mr. Zakiff explained that the Zionist effort would not be a campaign, but a commercial approach. It will be addressed to the mass of Jews and will ask for the investment of small sums in Israel. In return, the Jews will be offered certain benefits, he said. Mr. Zakiff reported that funds so gathered would be used for the building of homes and other facilities for new immigrants.

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