The prediction that Israel will develop a mixed economy, private, collective and socialized, was made here tonight by Dr. Abba Hillel Silver at a large meeting of General Zionists at the Waldorf Astoria Hotel, in honor of Joseph Serlin and Major Shalom Zysman, the two-man delegation of the General Zionist Party of Israel, which arrived in this country this week.
“It is important,” Dr. Silver said, “that the middle classes and those who are interested in stimulating private initiative and investment in Israel and in attracting capital from abroad should have as strong a representation in the Israel Government as Socialists now enjoy.” A strong General Zionist Party, he added, will act as “a desirable balance” in the economic life of the Jewish state.
Other speakers at the meeting included Dr. Emanuel Neumann, Dr. Samuel Margoshes and the two Israeli guests. Dr. Neumann said that “the emergence of a strong liberal center party in Israel–that of the General Zionists–is the most encouraging sign in Israel’s political life” and offers the best hope of national unity and stability in the Jewish state.
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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.