The Palestine work must continue as before because even now there is land available for the settlement of thousands of Jewish families who will be able to enter the country since immigration is not restricted to those possessing a capital of $5,000 or more declared Oscar Wasserman, chairman of the Keren Hayesod, the chief financial instrumentality of the Jewish Agency, in commenting on the British government statement of policy.
Herr Wasserman, president of the Deutche Bank and leader of the German non-Zionists, declared that the government statement was most disappointing “giving an entirely different interpretation to the Mandate than that understood up to the present. Dr. Weizmann has replied to this with his resignation as president of the Jewish Agency and this body will now have to take a stand in view of the situation that has been created. Other Jewish circles too will be bound to act.”
Although pointing out that land is available for settlers with capital of $5,000 or more, Herr Wasserman explained that he does not “approve of the restriction of labor immigration and of mechanical control over it.” He expressed the hope that the Jews will continue “with increased determination to supply the funds for the upbuilding and development of Palestine as well as for maintaining the 170,000 Jews already in the country.” The Keren Hayesod will continue its work in this direction, he assured.
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