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Sharett Says Israeli People Will Help Pay Immigrant Costs

November 3, 1958
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Israel is floating among its own people a voluntary loan of 20,000,000 Israeli pounds ($11,000,000) to help support an anticipated influx of new immigrants, Moshe Sharett, former Israel Foreign Minister, announced here last night.

Mr. Sharett made his announcement in an address at a dinner on behalf of the sale of Israel bonds. So far, $2,516,000 worth of Israel bonds have been purchased in this city this year. Among those who participated in the dinner were Bishop Bernard J. Shiel, auxiliary bishop of the Roman Catholic diocese here, and Mayor Richard Daley.

The former Israel Foreign Minister told the meeting the new immigrants expected in Israel will come from several of the Soviet-satellite states which are ready to relax old restrictions against Jewish emigration. Citing the facts that Poland has permitted 40,000 Jews to emigrate to Israel, while Rumania has opened the exit doors for 1,000, Mr. Sharett declared that more of the countries behind the Iron Curtain are expected to take similar action soon.

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