Israel Bond Inaugural Conference Today Launches $75,000,000 Drive

The Israel Bond Organization will inaugurate with a conference here tomorrow its 1963 campaign to raise $75,000,000 for Israel’s continued economic development. Under the chairmanship of Samuel Rothenberg, 1963 campaign head, the conference, to last through Sunday, will also celebrated the 15th anniversary of the State of Israel, as well as the first year in the redemption of Israel bonds.

A list of eminent personalities is on the schedule for principal addresses to be delivered at the conference. Among the more prominent speakers will be Trygve Lie, first Secretary-General of the United Nations; Lord Edwin Herbert Samuel, Viscount of Carmel and Texeth, a noted educator and authority on Israel; Abraham Feinberg, president of the Israel Bond Organization; Lawrence G. Laskey, chairman of the executive committee; and U.S. Sen. Hubert H. Humphrey, deputy majority leader of the Senate. All will help in the celebration of Israel’s 15th anniversary.

The celebration will be the highlight of the inaugural conference, which will be attended by more than 1, 500 delegates from the United States and Canada. Special note will be taken at the conference of the fact that the first Israel bonds, which were sold in 1951, will be repaid starting May 1, 1963, More than $24,500,000 will be paid out in principal and interest during 1963 alone. Since the inception of the bond drive 12 years ago, approximately $600,000,000 has been raised for every phase of the country’s economic growth.

The special guest at a luncheon of the National Women’s Division of the Israel Bond drive tomorrow will be Mrs. Arthur J. Goldberg, wife of the U.S. Supreme Court Justice, Mrs. Jan Peerce, national chairman of the division, will preside at the luncheon, which will feature the premiere of the Israel-International Fashion Show with Bess Myerson, former Miss America, as commentator.