Dr. Weizmann Predicts Larger Plans for Palestine Reconstruction

(Jewish Telegraphic Agency)

The harmony between the factions of the Zionist movement which was achieved at the last session of the Actions Committee, the Zionist legislative body between Congresses, was lauded by Dr. Chaim Weizmann, President of the World Zionist Organization, in a statement he issued yesterday to the Jewish Telegraphic Agency, before his departure from London.

Dr. Weizmann, who confirmed his intention of coming to the United States in October for the purpose of inaugurating the United Palestine Appeal, placed particular emphasis on the Palestine budget of $10,000,000, which was determined upon by the Zionist Actions Committee.

“The last session of the Actions Committee had this excellent result, that it gave expression to the unity of all Zionist forces. This single-minded concentration upon the common goal which was achieved at this session, inspires me with confidence. The Zionist Organization may now proceed with its larger plans for Palestine, which is an integral factor in any program aiming to ameliorate the condition of the Jewish population in East European countries,” Dr. Weizmann declared.

“Our work for the coming year has been outlined, and it is for the purpose of carrying on this work that I shall ask the support of the Jews of the world, particularly that of American Jewry. It will involve not less than amp;#1632,000,000, which is to be spent for (1) the purchase of land, (2) agricultural colonization, (3) extension of industrial and urban credits, and (4) for health and education.

“The $10,000,000 budget also includes the expected income of the Jewish National Fund and a minimum working budget of the Palestine Foundation Fund, which will begin its operations on the basis of amp;#163700,000. This also includes the capital which is expected to be raised for mortgage credits, of which $500,000 was pledged to be sold in the United States through the Palestine Securities, Inc.

“With $10,000,000 at our disposal, we will be able to continue Jewish immigration to Palestine at the rate of 30,000 per year and to consolidate our present position in the country. Owing to the depression prevailing in Central and East European countries more than two-thirds of the budgetary requirements will have to be supplied by American Jewry. The balance is expected to be raised largely in South Africa, South America, Australia, Canada and Great Britain.

“We are looking forward to an energetic activity and I hope that when I arrive in the United States in October, I shall be able to contribute my services to the cause of a better understanding of the practical importance of our work in Palestine and effect a united support of Palestine by all classes and elements of the Jewish population,” he declared.