“Economic prosperity, healthy cultural development and a very hopeful mood” are the tendencies noted in Palestine by Leo Herrmann, secretary of the World Keren Hayesod (Palestine Foundation Fund), who is now in New York.
“I have been through all our settlements,” Mr. Herrmann said yesterday, “and all of them offer a very impressive picture. Economic prosperity, healthy cultural development and a very hopeful mood are the signs of the life of these settlements which not less than before are the centers of activity and life.
“It is true that especially within the last year the increase of the urban population, particularly in Haifa and Tel Aviv, has been very spectacular, but everybody who knows the conditions of development in the Jewish National Home is aware of the fact that the agricultural settlements are to remain the mainstay of our work.”
Since its inauguration, the Keren Hayesod has collected $25,000,000 Herrmann said. He estimated that the Fund will receive at least $850,000 during the coming year.
South Africa and Palestine, Herrmann said, show marked increases in contributions.
He predicted that the annual immigration to Palestine will mount to 40,000 within the next few years and that the country will become increasingly prosperous.
“The Keren Hayesod,” Herrmann declared, “is destined to play an important role in the national colonization program, both agricultural and urban, of the next few years.”
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