A total of $3,500, 000 in Israel bonds has been sold in West Germany, the “Friends of Israel Development, ” a group of Germans representing various fields of West German public life, reported today.
Dr. Eric Lotz, chairman of the group’s 42-member board, said that it was hoped that an additional $5, 000, 000 worth of bonds would be sold in West Germany. He said the efforts were part of a campaign throughout Western Europe to mobilize by such means a total of $50, 000, 000 for Israel’s economic development.
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