Lipsky Urges Planned Economy for Palestine
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Lipsky Urges Planned Economy for Palestine

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Normalization of relations between capital and labor in Palestine by the introduction of a system of planned economy was urged today by Louis Lipsky, honorary president of the Zionist Organization of America, before the World Zionist Congress.

“Their growth,” he said, “has been made possible through the whole-hearted cooperation of all national elements, not exclusively through the efforts of the labor party.”

This cooperation, Lipsky pointed out, has been expressed by the Zionist organization’s appropriation of national funds, in which the labor groups have not participated as recipients but as “partners in an indispensable national enterprise.”

“In recent years,” Lipsky declared, “private capital has been brought into Palestine and has entered the fields of industry, commerce and finance. This capital operates without national direction or supervision and introduces into Palestine aspects of competition that undermine national interests.

“It is therefore of the utmost importance,” he continued, ” that through the Zionist Congress there be set up an economic council in which capital’s interests will be represented as well as national, public and industrial interests. Through this council an order can be established and an economic plan can be formed in accordance with which a Jewish commonwealth based on Jewish ideals of social justice may come into being.

Other speakers during the general debate were M. Dobkin of the laborite delegation, M. Naiditch of France and the Rev. Maurice Louis Perlzweig of England.

Mr. Perlzweig attacked the proposed legislative council for Palestine and urged creation of a committee to investigate the possibilities of further economic development of the country. Mr. Naiditch demanded a system of taxation be instituted for Jews throughout the world. He also sponsored the idea of world Jewish congress, and urged the Zionist Congress to pay more attention to the situation of Jews in the Diaspora. M. Dobkin emphasized that the Zionist Executive has taken a greater interest in middle class colonization and has assigned #15,000 to be spent in the Wadi-Chawareth territory.

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