Israel Bonds Launching Campaign in 425 U.s., Canadian Communities

A nationwide cash campaign to promote the collection of outstanding commitments for Israel Bonds was inaugurated today in 425 communities across the United States and Canada to help Israel meet urgent economic development needs, it was announced by Sam Rothberg, general chairman of the Israel Bond Organization. Under the slogan. “Cash is Crucial,” the closing weeks of 1976 will witness intensive activity on all levels of community organization to spur the sale of bonds, he said.

The cash collection program was adopted at an extraordinary meeting of the National Campaign Cabinet. Golda Meir, who spoke to the meeting by phone from her home in Tel Aviv, cited the importance of Israel Bonds. She asserted that “if there is not enough money for development, the economy is bound to suffer. Then it means that we have more unemployment. It means that it will take that much longer to return to a level of growth and expansion. And we need a growing economy to be able to absorb more immigrants. We need a strong economy to help us negotiate peace from a position of strength.”

During the special cash campaign, members of local Israel Bond committees throughout North America will engage in an intensive effort to speed remittances from subscribers with outstanding commitments as well as from individuals who will be invited to buy Israel Bonds at various meetings to be held between now and the end of the year.

As part of this drive, a person-to-person approach will be used in the case of bond purchasers in the top brackets who are eligible for membership in special honor societies established for purchases of substantial amounts. Those who buy a minimum of $25,000 in Israel Bonds this year will become members of the Israel Prime Minister’s Club, while individuals who buy $10,000 or more in bonds will be enrolled as members of the Israel Ambassador’s Society of Trustees.