Jewish Colonization Association Issues Emergency Loans to Settlers in Israel

The Jewish Colonization Association announced today that it was issuing emergency loans to the settlements it sponsors in Israel which are in financial straits due to the recent war situation and some of which suffered damage and casualties in the fighting.

In a report to the Association, Sir Henry d’Avigdor Goldsmid, who just returned from a brief visit to Israel to survey the condition of the settlements, said that the damage was not particularly heavy but that there were several casualties in some of the settlements. He reported, however, that all the settlements were feeling the effects of a lack of manpower for the summer harvests and the JCA loans would enable them to lay in stocks of food and other items which were in short supply because of distribution problems.

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