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Knesset Approves Amendment on Implementation of Compulsory Loan

June 3, 1959
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The Knesset today approved an amendment to the disputed 40, 000, 000 – pound compulsory immigration loan law which authorizes the Knesset Finance Committee to decide the time and degree of implementation. The vote was 49 to 43.

The Progressive Party defected from the Israel coalition Government and voted with the opposition in an effort to defeat the amendment as demands for cancellation of the loan gained momentum. Salary deductions for the loan were to have started in April but were postponed when Rumanian emigration to Israel, the basis for the loan, was halted. However, it is believed that the emigration from Rumania may be resumed.

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