The importance of American capital investment in Israel through the purchase of Israel bonds was stressed here by Dr. Abba Hillel Silver, noted American Zionist leader and chairman of the bond organization’s Board of Governors, following his return this week-end from Israel.
In a statement, Dr. Silver said: “At the time of my last visit two years ago, substantial progress had already been made in agriculture, in industry, in the construction of homes. Yet the advances since then are tremendous. Seven years ago, when I visited the town of Elath, there was nothing there but two or three houses. Today, it is a thriving center of 5,000 people, a growing port, with hotel accommodations, schools and every facility of a modern community. To an outstanding degree, Israel bonds have made this possible.”
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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.
