Israel in the six short years of its sovereign existence has emerged as a leading outpost in the Middle East of American industrial activity and today is producing a variety of American-brand products that are finding a world market and bringing a profitable return to United States and Israeli capital, Joseph Saphir. Israel Minister of Communications, declared here today at a reception in the Plaza Hotel given in his honor by the United Jewish Appeal.
Mr. Saphir called particular attention to the growing concentration in Israel of American industrial, agricultural and financial experts, asserting that these technicians, in cooperation with the investors themselves, have given the new State a widening range of “American know-how.”
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