$300m Sought by Israel Bonds
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$300m Sought by Israel Bonds

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The next six weeks should bring the total cash receipts of the Israel Bond Organization for 1972 to an all-time record high of $300 million, it was announced yesterday by Sam Rothberg, general chairman. He made this forecast as the Israel Bond National Campaign Executive Committee, meeting yesterday, initiated an intensive nationwide end-of-the-year cash collection effort to achieve that objective.

Leo Bernstein, executive vice-president of Israel Bonds, said that the attainment of the $300 million cash figure this year would represent an increase of 20 percent over the $251 million in cash Bond sales realized in 1971 which was the biggest year to date in the campaign’s history.

Stressing the role of American Jewry in meeting Israel’s economic needs at the present time, Yosef Tekoah, Israel’s Ambassador to the United Nations, warned that “we must not miss the second chance to save a large remnant of the Jewish people.” He declared that this generation was unique in that it has been given two chances to rescue large numbers of Jews–the first during the Nazi holocaust and now the exodus of Soviet Jews. World Jewry missed the first chance. It must not miss the second chance.”

Ze’ev Sher, newly appointed Economic Minister to the United States, said that Israel would be in greater need of money in the coming year, noting that increased development will be needed to enable the country to begin the transfer of workers engaged in defense to peacetime employment as well as to provide jobs for a continued large immigration.

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