Capital for Israel, Inc., a new financial aid project for Israel based on investments, was launched here at a dinner which raised $720,000 for purchase of stock in the Industrial Development Bank of Israel.
Some 900 guests met to honor Louis H. Boyar, chairman of the Board of Governors of State of Israel Bonds and chairman of the Bonds of Israel Investors Corporation. Mr. Boyar will head Capital for Israel which aims to raise between $25,000,000 and $50,000,000 a year in the United States for industrial development in Israel.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
