Henry Morgenthau, Jr., head of the board of governors of the Israel bond drive in the United States, arrived here today for conferences with Israel Government leaders. Mr. Morgenthau, who was accompanied by his wife of a week, was met at Lydda airport by Labor Minister Golda Myerson, representatives of the U.S. Embassy and of the Israeli Finance and Foreign Ministries and by Henry Montor and Julian Venetzky, his associates in the bond drive.
In a statement issued at the airport, Mr. Morgenthau said that he was “happy to report that the bond drive is a definite success.” He recalled that when the project was first considered in September, 1950, it was regarded as a “bold unattainable venture.” Today, he added, “it is the most important instrument for the economic upbuilding of Israel.”
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.
