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Dr. Chaim Weizmann, an being questioned concerning the reports current last week that he laid down office as President of the world Zionist Organization, declared at the semi-annual meeting of the Greater Actions Committee of the Zionist Organization today there was no truth in the report that he resigned, adding that he does not intend to do as at this time.
Reporting on the Zionist situation in Palestine. Dr. Weizmann said that politically the position of the Zionists was “not unfavorable”. He emphasized, however, that the financial position was “unbearable”, adding that there was urgent need for a radical change in the entire organization plan.
Vladimir Jabotinsky. who is one of the nine members of the Zionist Executive vested with the leadership of the movement, interrupted Dr. Weizmann with question. There was an exchange of words between the two, Mr. Jabotinsky accusing the Zionist President that he had displayed excessive leniency in representing the Zionist Cause before the British and in his negotiations with Arab leaders.
Insisting that the financial status of the Zionist Movement takes precedence over the political questions at this gathering of leaders, Nahum Sokolow, one of the two heads of the Movement, emphasized it was of far greater importance to set the finances of the Organization in order than to secure rights which the Zionists are unable to utilize because of the extreme money stringency which, the speaker said, he feared any percipitate a crisis in the Zionist program. The financial institutions and activities of the Zionist Organization will be subjected to examination by a special committee elected today. Busle, Oarlsbad, Prague and Danzig are the places favored for the holding of the next World Zionist Congress which it the peen decided is to meet not lather than the middle of August.
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.