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Special Exchange Rate to Be Set for Dollars Contributed to Israel

February 1, 1952
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A special mixed commission of representatives of the Israel Government and the Jewish Agency is working out a special dollar-pound exchange rate for funds raised by the Agency and the national fund-raising institutions abroad, a Jewish Agency spokesman revealed here today. He expressed the hope that the commission would reach agreement next week.

He also announced that the Zionist Actions Committee would meet in Jerusalem March 13 and that the question of reparations from Germany and the appointment of a new Agency comptroller have been placed on the agenda. He revealed that the reports of Dr. Emil Schmorak, former comptroller, and of an Agency commission–both of which deal with Agency administration and finances–would be ready for publication within ten days, but he added that the final decision on a publication date would be made by the praesidium of the Actions Committee, which will meet here February 6.

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