The State of Israel has received the sum of $17,093,550 from the sale of Israel bonds since the beginning of 1954, Samuel Rothberg, national chairman of the Stats of Israel Bond Campaign, reported at a meeting of its board of governors here today.
Mr. Rothberg said that the first bond issue-the Independence Issue, inaugurated on May 1, 1951–had realized a total of $150,000,000 and that the second issue–the Development Issue, launched on May 1,1954–will seek to obtain bond sales of $75,000,000 by the end of the year. The meeting of the board of governors was attended by more than 100 Jewish business leaders from various parts of the country.
Julian B. Venezky, chairman of the executive committee, reported that with purchasers of Israel Development Bonds of $1,000 and over eligible to become Guardians of Israel, 5,808 have already enrolled as Guardians. In addition, 233 men and women had qualified as trustees of the Guardians of Israel with individual subscriptions for bonds of $10,000 or more.
The extension of the Israel Development Bond campaign to countries outside of the United States was described as one of the most important aspects of the 1954 program by Henry Montor, chief executive officer of the bond organization. He is leaving for Europe tomorrow to confer with leaders an England and France on plans for campaigns to be inaugurated in those countries later this year.
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