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Julius Simon Dead at 93; Was a Founder, Former Head of Palestine Economic Corp.

March 26, 1969
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Julius Simon, a founder and for 20 years president of the Palestine Economic Corp., died here yesterday at the age of 93. He was a resident of Princeton, N.J. Mr. Simon, a partner in a New York brokerage firm, helped form the PEC in 1926 to enable Americans to participate in the economic development of Palestine and to help Jewish settlers there become self-supporting. He served as its president from 1931 to 1951 and was a director and president emeritus at the time of his death. Mr. Simon was born in Germany, the son of a naturalized American citizen who had served as a Confederate soldier in the Civil War. He became a Zionist and worked in banking and real estate and did not come to the United States until 1921, at the age of 45.

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