The central administrative board of B’nai B’rith has authorized the purchase of $25,000 worth of debenture noted of a $1,000,000 issue floated by the Jewish National Fund in this country to supplement its income and take up import ant options on Palestine land secured prior to the issuance of the White Paper, it was announced today by President Henry Monsky of B’nai B’rith.
Mr. Monsky recalled that in 1936 B’nai B’rith pledged $1,000,000 to the Fund for the purchase of an area of 1,000 acres near Beth Alpha where nearly 100 refugee families are already settled in the B’nai B’rith-Alfred M. Cohen Colony. Amortized for five years, the debenture notes bear 4 per cent interest, payable semi-annually. More than half of the loan has already been subscribed. Next to Hadassah’s $75,000 subscription, B’nai B’rith’s is the largest to date.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
