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Jewish Agency’s Big Five Meeting to Discuss $5,000,000 Internal Loan and Decide Functions of Adminis

March 27, 1930
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The early conclusion of the sessions of the Administrative Committee of the Jewish Agency will depend upon the results of a meeting to be held this afternoon between the big five of the Jewish Agency, Felix and Max Warburg, Lord Melchett, Dr. Chaim Weizmann and Dr. Oscar Wasserman. They will attempt to reach a settlement regarding the functions of the Administrative Committee and the Jewish Agency’s Executive, the immediate raising of an internal loan of $5,000,000, and Lord Melchett’s demand that before any larger colonization scheme be undertaken in Palestine, the 1,500 Chalutzim in Palestine for many years be settled on the land.

Although the difficulties regarding the functions of the Jewish Agency’s Administrative Committee and Executive have not yet been straightened out the friendliest relations exist between Felix M. Warburg, chairman of the Administrative Committee, who represents the point of view that the Committee should have the executive power and the Executive serve as departmental heads, and Dr. Weizmann, president of the Agency, who represents the opposite view.

LABOR WING PRAISES WARBURG

The Palestine labor wing has taken a great liking to Mr. Warburg and praises his practical sense and ability. Mr. Warburg is doing his utmost to smooth any harshness or difficulties. Max Warburg, noted Hamburg banker, and a brother of Felix Warburg, who is participating in the sessions of the Administrative Committee, though he has no right to vote, is actively assisting in the peace pourparlers. As he himself put it, he “is trying to consolidate European public sense with American individualistic sense.”

During the debate on the functions of the Committee and the Executive, d’Avigdor Goldsmid, English member of the Committee, declared that no man was more capable of impressing “our point of view on Parliament” than Dr. Weizmann, and he emphasized the need of supporting the efforts Dr. Weizmann is making to impress the importance of the Palestine cause on the British government and English public opinion. Mr. Goldsmid, who is president of the Jewish Board of Deputies, pointed out “We have to present a united front and show evidence of much determination to carry out our work. The thing that would appeal to the British Government and to the House of Commons is the fact that we are ready to make even greater sacrifices than in the past.”

DIFFERS ON FUNCTIONS OF EXECUTIVE

While holding slightly different views regarding the functions of the Executive from that of other members of the Committee, Mr. Goldsmid said that he did not wish to press them at this stage of the proceedings because he regards the present political situation as more important than anything else. Emphasizing that unity of purpose must be proved by the production of resources and that improvements of

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