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National Barley of Representatives of Jewish Organizations in U.S. Opens Next Month

September 11, 1950
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A national conference of representatives of all leading Jewish organizations in the United States which will sanction the decision taken at the urgent economic conference here last week will be opened in New York on Oct. 24, it was announced here today by Eli?hu Dobkin, Jewish Agency leader. The conference is expected to approve a campaign for the sale in the United States of $1,000,000,000 in Israel bonds, as well as the expansion of the United Jewish Appeal and to consider measures to encourage private investment in Israel industry.

Meanwhile, the Jewish Agency today adopted a three-month budget, leaving the decision on an annual budget to the plenary meeting of the Agency, which will be held in New York prior to the national conference. Dr. Nahum Goldmann, chairmen of the American section of the Agency, and Benjamin Browdy, president of the Zionist Organization of America, today flew to the U.S.

An internal public loan of 6,000,000 Israel pounds was launched this week-end by the Ministry of Finance in accordance with a decision adopted by the Israel Parliament last July. Each bond costs 20 pounds. Buyers of bonds become eligible to win lottery prizes, the highest of which will be 50,000 pounds. A second loan will follow shortly, Eliezer Kaplan, Israel Minister of Finance, announced.

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