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Israel Bond Organization to Hold Two-day Parley; Plans 1961 Drive

Plans for the 1961 campaign for Israel bonds will be formulated at a two-day conference of top leaders of the Israel Bond Organization which will open here on Saturday evening, it was announced today by Dr. Joseph J. Schwartz, vice-president of the organization, who just returned from a visit to Israel where he discussed these plans with high Government officials.

Dr. Schwartz declared that the conference will also review the results of the sale of Israel bonds during 1960 in 29 countries. Since its inception in 1951, the Israel bond campaign has provided more than $470,000,000 for Israel’s economic development. “The conference will discuss future relations of American investments to the economy of Israel, ” Dr. Schwatz said, “especially in terms of new frontiers of development and settlement in the underdeveloped areas of the country.”