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Latin American Zionists and Businessmen Plan Investments in Israel

A branch of the Israel Corporation for Economic Development has been established here by the Argentine Zionist Organization, and will issue $3,000,000 worth of debentures for participation by Latin American investors in the financing of public projects in Israel, according to an announcement today by Nach-man Radcichovski, chairman of the AZO. Shares will be sold at $200 each, drawing cumulative interest of five-and-one-half percent, Mr. Radcichovski said.