The American delegates to the Actions Committee of the World Zionist Organization now in conference in London, have pledged to raise $250,000 through Palestine Securities, Inc., to be utilized for first mortgage building loans in Palestine.
Louis Lipsky, the President of the Zionist Organization of America now participating in the London conference, declared that American Jewry must do everything in its power to help meet the unemployment situation in Palestine by providing ample funds for the construction of houses and public works. One of the most effective ways to do so, stated Mr. Lipsky, is through first mortgage loans.
A Bank Committee was appointed by the Actions Committee to study the financial problems in Palestine. The committee headed by Dr. Arthur Ruppin and George Halpern, have issued a statement urging the purchase of Palestine First Mortgage Bonds in order to provide a mortgage Fund which will enable the General Mortgage Bank of Palestine to function fully.
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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.
