Israel’s business and investment possibilities are a challenge to American business and hold not only a material reward but also a spiritual satisfaction given by pioneering. Abraham Goodman, noted American Jewish industrialist, declared today, addressing more than 100 American business leaders at a luncheon of the American-Israel Chamber of Commerce at the Hotel Roosevelt. Mr. Goodman called for closer ties between American businessmen and their counterparts in Israel.
S. Hoofien, chairman of the Israel National Bank, who is now visiting the United States, revealed at the luncheon that the bank, which is Israel’s currency issuing bank, is establishing in this country a special financial organization to take care of increasing needs of Israeli exporters for financing of raw and packing materials. He said that Israel’s newly-acquired productive capacity and growing foreign markets make imperative the creation of adequate credit to finance purchases of materials.
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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.
