Dr. Israel Goldstein, member of the Jewish Agency executive who arrived this week in Israel to participate in the forthcoming session of the Zionist Actions Committee, today predicted at a press conference that the current campaign of the United Jewish Appeal in the United States would reach the “same record volume as the peak year of 1948, which yielded $150,000,000.”
Dr. Goldstein indicated that “if this target is reached, $90,000,000 will be allocated to the Jewish National Fund and the Keren Hayesod.” He said, however, that “larger immigration and absorption needs, resulting from the anticipated large-scale transfer of Jews from Iraq, warranted discussion by the Actions Committee of additional sources of income.”
The former Jewish Agency treasurer also predicted that American Jews would provide larger capital investments in Israel this year than in 1949 when American Jews invested $25,000,000 in various enterprises in the Jewish state. Recent legislation approved by the Israel parliament, he declared, constituted a paramount factor in improved prospects for private capital investments.
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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.
