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U.S. Jewish Leaders Pledge to Sell $200,000,000 in Israel Bonds

February 4, 1952
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A resolution to sell $200,000,000 in Israel ###nds in the United States in 1952 was adopted here today at a National Planning conference for Israel, sponsored by the Israel bond campaign organization. Over two leaders of the campaign from various parts of the country attended.

Vice President Alben W. Barkley, the featured speaker, declared that he was convinced that were Israel given the tools and the resources it would “quickly merge as a great tower of strength for those ideals and principles of human liberty and human dignity which are the cornerstones of our great republic. In helping Israel to help herself, we are helping ourselves and fortifying the defense of democracy everywhere.”

Henry Morgenthau, chairman of the Board of Governors of the Bond Drive, asserted that “the Israel bond issue is the greatest single instrument for the economic future of the country. It is also the most significant symbol of the will of the people of Israel to make their own way and gain a position of economic independence as quickly as possible. ” Other speakers included Secretary of the Interior Oscar Shapman, Federal Judge Luther W. Youngdahl, Yaacov Shapiro, member of the Israel Parliament, and Henry Montor, chief executive officer of the bond drive.

One of the highlights of the conference was the presentation of a gold plaque to Joseph Cherner of Washington who, with the purchase of a total of $750,000 in Israel bonds, is the single largest holder of these securities in this country.

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