The Jewish Agency expects to receive considerable ##ums from the International Reparations Commission next year for rehabilitation and resettlement of refugee Jews from Europe, Eliezer Kaplan, Agency treasurer, told a national conference of the Palestine Foundation Fund last night. The Agency was awarded 40 percent of $22,500,000 of Nazi assets which were assigned to Jewish relief and rehabilitation.
Although none of these funds have yet been received, the Agency has already made commitments for the coming year, Kaplan revealed, adding that the budget for this year is much lower than last year and less than is needed. Pointing out that there are insufficient funds for the planned full-scale expansion of agricultural settlements, he appealed to the Jews of America who now supply about 75 percent of the funds of the Jewish national institutions to increase their contributions to 80 percent.
He reported that the Agency had spent about $16,000,000 in the first five months of this fiscal year, with about one-quarter devoted to immigration activities and one-eighth to political activities. There is virtually full employment in Palestine, he stated, adding, however, that there is not enough capital to develop various vital industries.
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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.
