The first Israel industrial exhibition in the United States opened here last night with more than 1,000 people attending the formal opening at which Hickman Price, vice-president of the Kaiser-Frazer Corporation, was the principal speaker. The exhibit is sponsored by the organization conducting the sale of Israel bonds in this country.
Mr. Price, who headed the construction of the first automobile plant ever built in Israel, said that “America’s struggle to preserve freedom and peace in the Middle East can best be served by making Israel economically secure.” Theodore Kollick, Minister Plenipotentiary of Israel, told the audience that Israel’s policy is to encourage foreign investments. He emphasized that the Israel Bond Issue “will go a long way to made Israel the stronghold of democracy in the Middle East.” Mayor Joseph Altman of Atlantic City was the host for the evening.
The exhibition is divided into two parts. One section shows articles produced in Israel by American firms, including Kaiser-Frazer, Philco, General Shoe Corporation and General Tire and Rubber Company. The other section exhibits wares of native Israeli manufacturers. They include a collection of women’s fashions, samples of Israeli arts and crafts, books and religious articles.
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