NEW YORK (Feb. 7)
The Baron de Hirsch Fund, established in 1891 by Baron Maurice de Hirsch in Russia to promote Jewish colonization in Argentina and Jewish farming in the United States and other countries, announced this weekend the election of Francis F. Rosenbaum, an investment broker, as its new president. He succeeds George W. Naumburg, a retired broker and philanthropist, who resigned after 32 years as president.
Baron de Hirsch, who died in 1896, gave a total of $100,000,000 to charitable causes. One of his major projects was the establishment of the Jewish Colonization Association which helped thousands of Jews to emigrate to Argentina and settle there as farmers. Another project was the formation of the Jewish Agricultural Society in the United States which helped Jewish immigrants to find farms and assisted them with loans.
Until 10 years ago there were about 12,000 Jewish families in the United States living as farmers, most of them poultry farmers. Their number has dwindled now to less than 5,000 because of various conditions that developed in chicken and egg farming in this country. About 2,000 of them have their farms in New Jersey and are being helped with advice and loans by the Jewish Agricultural Society.