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Fraternal Groups to Start $3, 000, 000 Drive for Israel Bonds

November 19, 1957
See Original Daily Bulletin From This Date
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A $3, 000, 000 campaign for Israel bonds was undertaken yesterday by representatives of 3, 000 Jewish fraternal orders at a planning assembly here. More than 500 leaders attended the all-day conference and heard Meir Sherman, Israel’s Economic Minister to the United States, and James G. McDonald, first United States Ambassador to Israel, stress the importance of Israel bond investment funds.

The representatives of the fraternal orders passed a resolution pledging that within the next ten months their organizations would provide $3, 000, 000 for housing in Israel. Mr. McDonald, who had served in Israel during the formative years of the republic, said that Americans of all faiths and creeds have purchased Israel bonds since 1951. This, he stated, is concrete evidence of America’s faith in the new State and in the future of its people, who represent democracy in the Middle East.

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