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Israel Bond Drive Launched in New York; $1,760,000 Raised at Dinner

An intensive three-month campaign to raise $6,000,000 in Israel bonds in the New York area was opened tonight at the Waldorf-Astoria Hotel. The dinner, held in honor of Ira Guilden, was attended by 1,000 business, civic, communal and religious leaders, and resulted in the sale of $1,760,000 in Israel Development Bonds.

Mrs. Golda Meir, Foreign Minister of Israel, addressing the guests, stressed the importance of Israel bonds as a source of capital for the industrialization and agricultural development of the young Middle East country. She praised Mr. Guilden’s “great efforts in behalf of Israel” and lauded his work as national chairman of the Israel Bond Organization.