Despite the fact that his resignation as chairman of the board of the Israel bond drive is pending, Henry Morgenthau, Jr. today proceed with plans for BIG (Bonds of the Israel Government) Day celebrations throughout the country next Sunday. Mr. Morgenthau today issued the following message to bond drive chairmen in all parts of the country:
“In expectation of the substantially increased income from Israel bonds during these months, the State of Israel undertook substantial obligations which become due at the end of the year. On behalf of Israel, I urge that you and your colleagues make an extraordinary effort to convert the bulk of outstanding subscriptions for Israel bonds into immediate cash.”
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