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U.i.a. Agencies Spent $65,000,000 in Israel During Nine Months

September 23, 1955
See Original Daily Bulletin From This Date

A total sum of $65,000,000–the major portion provided by American Jews–has been spent by United Israel Appeal agencies during the first nine months of this year for their programs of immigration, rehabilitation and resettlement in Israel, Dewey D. Stone, UIA chairman, reported here today.

In a third-quarter statement to the organization’s board of directors, Mr. Stone disclosed that “due to the pressures of immigration from North Africa and the need to consolidate new settlements, the UIA agencies had incurred a deficit of $10,000,000 during the first three quarters of this year. This deficit has been covered by long-term loans.” The UIA is the major beneficiary of the nationwide United Jewish Appeal campaign.

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