Dr. Joseph J. Schwartz, vice president of the Israel Bond Organization, left for Israel today in response to an urgent invitation from Finance Minister Levi Eshkol.
Dr. Schwartz was asked to come to Israel to take part in a discussion of financial problems confronting the Government of Israel as a result of the recent resumption of mass immigration from Eastern Europe. Special attention will be given to the role of Israel bonds in providing resources required for the construction of new housing and for the establishment of new industrial and agricultural enterprises to give employment to the new immigrants.
While in Israel, Dr. Schwartz will also go over the plans for the launching of the Israel bond campaign in the United States for 1959. Details of a new bond issue to be floated early next year will also be discussed with the Finance Minister. During the past seven years more than $350,000,000 has been raised through the sale of Israel bonds.
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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.
