STATE of ISRAEL IMO* My 36, fp--Ttlff Awn., tfEwS-41 rums soeutfase, shoo.% rookostrai, boos not bookapprottod trr disapprovod by this Soewritko tort ilaalloope Coossokohos, vehicle dew wet pan fas deo ~Os .f oar registered secoritiisa. $500,000,000 INDEPENDENCE BOND ISSUE The issue is intended to promote the' economic development of the State of Israel. Its proceeds are used for the purchase of m a c h i n e r y, raw inateri2. equipment and other items de- signed to increase the country's productive facilities. The alloca- tions from the total issue and allocated expenditures in the fiscal years 1951-52 are tin mil- lions of dollars): WHAT CAN ONE DAY MEAN TO BIG DAY, Sunday, June 8th • Industry and power.... $205 $34.2 Agriculture 130 18.1 Transportation and 40 13 6 communication 45 4 4 Trade and services 9 30 Housing loans Reserve & flotation 50 3.4 costs $500 $84.0 The Governmetit's economic development program involves a total expenditure of $1.500.- 000.000 of which $500.000.000 is to be provided by Israel and other countries. and the balance is to be obtained in the United States. The $500.000.000 State of Israel Bond Issue is the largest. single source of funds for this program. What can one day mean to you? You may vend it with our family or with friendM, The rapid, large scale im- migration required an import surplus to meet the invest- ment needs of the economy. For 1949 receipts on current ac- count I expressed in Israel pounds IL. then fixed at $2.80 to the pound. were IL 20.600.000 and payments. IL 94.100,000. For 1950 the respective figures were IL 21, 300.000 and 114.900,000, and. for 1951. IL 24,600.000 and 136.800,- 000. Economic steps designed to combat inflation and encourage productivity of labor. included the establishment in February, 1952, of additional rates of ex- change of $1.40 and $1.00 to the pound to attract foreign invest- ment and to promote export, re- strictions of bank credit and other measures. enjoying vour well earned day of relit. Yes. relaxation is fine ... trayf- You ever realized what it would mean to give one Iday of your time to help achieve a grealt objective? On Sunday. June 8th. RIG Day for Israel will he observed in our community. As of December 31. 1951, fund- ed debt was IL 195.9 t exclusive of Treasury Biii.s. Omitted be- cause of their relation to the private Special Defense Budget s. Israel has never at any time defaulted on • the principal . or interest on any debt. III(; Day eyery ,leysi , h family in our town will be visited and asked to -.11:tre in the building of Israel through the purchase of 'tote Government budgets exclu- sive of the Special Defense Bud- get and receipts from. related internal loans , have been as follows. in millions of IL: 1.-ratl Bond.. These Itoulds pav intereAt- they art. an inyestment. not a donation. V 4' Expend- Reef..ipts itu.res May 15. '43-Mar. 31, '49 28.9 27.5 Apr. 1. '49-Mar. 31. '50 92.9 93.3 Apr. 1. '50-Mar. 31.- '51 148.0 148.1 Apr. 1, '51-Dec. 31. 'Si 129.1 135.5 -tsk You to (y.iy•e one 41,1. Ill your time to make MC Dav the dais of the y ear for Israel. Here'• ' hat we can accomplish: • Thou.samls of investment dollars added to the life-stream of Israen• economy. • Increased speed in I ► ildino- factories. industrial 1)lant.4 and new farm.: American Financial and De- velopment Corporation. for Is- rael. 120 Broadway, New York. is- the underwriter for the issue. CornmissionS or discounts are 6(".. The State also bears certain other expenses in connection with the flotation. Two types of Bonds ore offered at par 4 • as follows: . Israel needs now in order to become self-•upporting. Bearing Bonds Denomi- nated as Fifteen Year V -2 0 0 Dollar Coupon Bonds. Interest payable May 1 and Nov. 1. 4 firm bond of friendship established between our community Denominations: 5500 - S1,000 52.500 55,000 510 300 - 5100.000. and the community of Israel. b , Capital Appreciation Bonds De- nominated as Twelve Year Dollar Savings Bonds, Maturity Value: to) Interest I 50 o r, of issue amount. Denominations: $50 - $100 - $250 - S500 - S1,000 - 2,500 - $5,000 - $10,000. THE SUCCESS OF BIG DAY WILL DEPEND ON VOLUNTEERS If you yds& is enroll as a velunteer for BIG DAT fill out and mail this coupon today. 11- Fwefher istfermation, particularly flnoacial informotieso. is contained In the Regis- tration Statement Med with Om COMM NOON and In a mere complete Prospectus which most he teralehed to each purchaser and Is silmainaible from the oodorsignod. Si'ATE OF Orders for foods way be pieced at, trod Prospoctersos obtained from: American Financial and Development Corp. for Israel AMERICAN FINANCIAL & DEVELOPMENT CORPORATION FOR ISRAEL 2200 David Stott Bldg., Detroit 26, Mich. Yes, I'll be happy to join with other members of our community to be a volunteer on BIG DAY, Sunday, June 8th-to build Israel with Bonds. Please send me prospectus and further information. S RAE 1-2ONDS SAME lUIDItESS CITY 2200 DAVID STOTT BLDG., DETROIT 26 This is not a prospectus or an offer to sell or a solicitation of offers to buy these securities. The offering is made only by the Prospectus.