NEW YORK (Oct. 2)
More than 350 leaders representing 3,000 fraternal organizations in New York unanimously endorsed today the goal of $50,000,000 in Israel bond sales by January 1, 1959 that was set by an Israel bond conference in Jerusalem. As their part of the total, the leaders set plans for an intensive three-month drive for the sale of $1,000,000 by fraternal groups.
At the gathering, a report on the current situation in the Middle East was presented by Dr. Joseph J.Schwartz, vice president of the Israel Bond Organization. Calling attention to the continuing elements “of major upheaval in the Arab states and imminent danger for Israel,” Dr. Schwartz declared that “in the midst of crisis, Israel faces the future with courage–and with a blueprint of constructive action based on the confidence that the Jews of the United States and Canada will maintain their strong bonds of economic partnership regardless of what may happen in the coming months.”