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General Zionist Leader Sees Israel at New Economic Low

May 27, 1952
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Israel Rokach, Mayor of Tel Aviv and a leader of the General Zionist Party, today told a party rally here that Israel’s economic crisis has reached its lowest possible nadir.

A new Finance Minister–who will replace retiring Eliezer Kaplan–must find a way to improve the situation, he declared. He also said that his party was “prepared to give a hand to any logical scheme to improve the economic situation.”

Israel’s agricultural output must be doubled to meet the requirements of the country’s 2, 000, 000 population, Agricultural Minister Levi Eshkol told an agricultural conference here today. Agricultural Ministry director Haim Gvati told the parley that this year the “cornerstone of the Lowdermilk Project” will be laid in Israel. He said that large areas will be ploughed in the Negev and plantation areas will be increased by 45, 000 dunams (11, 500 acres) with special emphasis on the rehabilitation of olive trees and abandoned orange groves.

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