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Morgenthau Seeks to Retire from Israel Bond Drive, Says Montor

October 19, 1953
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The news that Henry Morgenthau Jr., head of the organization which is conducting the Israel Bond drive in the United States, requested that he be relieved from his duties when the new issue of Israel bonds will be launched next May, was reported at a press conference here today by Henry Montor, executive vice-president of the organization.

Mr. Montor said that Mr. Morgenthau favors a “younger and stronger” man in his place. He added that in his opinion “no Jew in the world has done more for Israel in the past seven years than Morgenthau.” He also reported that no friction whatsoever exists now between the United Jewish Appeal and his organization.

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