Funds raised through the sale of Israel bonds must play an even greater role in the next phase of Israel’s march toward economic independence than in the past, Dr. Joseph J. Schwartz, executive vice president of the Israel Bond Organization, said at a press conference here.
On the eve of the departure for home of a bond organization leadership delegation which spent ten days studying Israel’s economic development, Dr. Schwartz said that Israel “places great reliance on the bonds to solve its twin major problems: housing and employment.” In an effort to give every Jew who comes to Israel from Egypt, Hungary or elsewhere a home, the bond organization will try to raise $75,000,000 this year, he said. The delegation was tendered a farewell reception today by Levi Eshkol, Minister of Finance.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
