The Zionist Organization of America will enlarge its efforts for the enlistment of private investment capital in economic enterprises in Israel, it was announced here today at a press conference by Benjamin G. Browdy, president of the organization.
Mr. Browdy revealed that Albert Schiff, well-known industrialist and former president of the Israel Corporation of America, which merged with the Palestine Economic Corporation, has been appointed chairman of a special Z.C.A. committee set up to stimulate greater participation of American Jews in private enterprises in Israel.
Mr. Browdy also announced the incorporation of the Masada, national Zionist youth group with a membership of 2,000 as an integral part of the Zionist Organization of America. He stated that the 90 chapters of Masada throughout the country will henceforth function as full-fledged branches of the Z.O.A.
The Z.O.A. president also revealed that negotiations are under way with other American Zionist parties with a view to providing adequate financial and moral support for a training program for Chalutzim to be launched in the United States for young American Jews who wish to study skilled vocations on farms or in industrial plants to aid in the economic upbuilding of Israel. This announcement is considered of special significance in view of the differences of opinion that have higherto prevailed in American Zionist circles as to whether such training courses should be transferred from America to Israel.
Mr. Browdy further announced that the Z.O.A. members of the Zionist Actions Committee who are now in Israel will utilize their presence there to bring to fruition final arrangements for the settlement of the first two Z.O.A. colonies by American pioneers. The Z.O.A. delegates, he said, will ask Premier David Ben Gurion to come to the United States to address the forthcoming Z.O.A. convention which opens in Chicago on July 2.
The Z.O.A. president called upon the anti-Zionist American Council for Judaism to desist from its activities and to disband. Mr. Browdy referred to the announcement that the Council for Judaism is holding its annual conference in Cincinnati on the second anniversary of the establishment of Israel. He urged the leaders of the Council to convert their annual conference on the second anniversary of the Jewish state’s independence into a “conference of dissolution.”
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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.
