World Jewish Leaders Holding Meetings to Raise $1 Billion for Israel

Finance Minister (and since yesterday Minister for Commerce and Industry) Pinhas Sapir left this morning on a three week tour that will take him to nine countries in Europe, North and South America to help formulate plans to enable the United Jewish Appeal and Israel Bond drives to raise $1 billion in 1971. Mr. Sapir will attend an Israeli campaign meeting in Zurich tonight which will also be attended by Israel Goldstein, head of Keren Hayesod-UJA and Louis Pincus, chairman of the Jewish Agency Executive. While in the United States, Mr. Sapir will attend a World Bank meeting and will meet with Treasury and other senior officials of the Nixon administration to discuss Israel’s economic problems caused by the need to maintain a high level of spending for defense purposes. Before leaving Israel to attend the meeting in Zurich, Mr. Goldstein said that Australia has already pledged to double its contributions and expressed hope other communities would follow this example. Leaders of Jewish communities in Germany, Italy and Switzerland will also attend the conference. Another regional meeting will be held tomorrow in Brussels for Belgium, France, Holland and Scandinavian countries.