JERUSALEM (Sep. 7)
The Israel Cabinet has decided in favor of launching a second Israel Bond issue in the United States, it was learned today. The decision was reportedly taken at a Cabinet meeting last night and many details remain to be worked out by the Cabinet. The issue will be launched next February.
Henry Montor, executive vice-president of the bond sales organization, and Julian B. Venetzky, chairman of the bond drive executive committee, were praised by the Cabinet for their devotion and the hope was expressed that they would continue with the drive.