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Jewish National Fund to Spend $280,000,000 on Five-year Expansion Project

August 7, 1951
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The Jewish National Fund will spend 100,000,000 pounds ($280,000,000) on its five-year plan for the acquisition of 2,000,000 dunams (500,000 acres) of land, Dr. A. Granott, world head of the fund, told the press here today in connection with the opening of the exhibit, “The People and Its Land,” marking the 50th anniversary of the establishment of the fund.

Further plans of the fund, he said, provide for the drainage of 60,000 dunams of swamp land in the Huleh region, planting of 50,000,000 trees; expansion of the irrigated area of the country to 1,250,000 dunams with the assistance of the Mekoroth Water Company, and the development of 200,000 dunams for agriculture. New land purchases by the Jewish National Fund would enable 500 new agricultural settlements to be founded, and provide for construction of 50,000 housing units in municipal areas for veterans and new immigrants.

Addressing a reception given by the Jewish National Fund for American delegates to the World Zionist Congress, Dr. Abba Hillel Silver said that the J.N.F. work “should not be destroyed by any interference of competitive elements” in the Zionist movement.

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