Israel Bond Organization • Announces
$66,500,000 Campaign _Goal for '62
NEW YORK—A goal of $66,-
500,000 in Israel Bond sales dur-
ing 1962 was unanimously
adopted this week-end at the
Planning Conference of the
Board of Governors of the Israel
Bond Organization.
The achievement of the new
goal would bring to $600,000,000
- the total sold from the inception
of the drive to the end of 1962.
A record total of $57,214,300
in Israel Bonds was sold during
1961 to finance the development
of every phase of Israel's econ-
omy, Dr. Joseph J. Schwartz,
vice president of the Israel Bond
Organization, reported. He noted
that the amount raised in 1961
was the largest in any single
year since the Inception of the
drive in 1951. It represented an
11 per cent increase over the
$51,625, 350 realized in 1960.
Schwartz stressed the signifi-
cance of the - "Unprecedented
sale" of Israel Bonds in high-
lighting their role in the coun-
try's economic development.
through the sale of Israel Bonds
"to enable us to carry on the
orderly absorption of large num-
bers of new immigrants in the
coming year."
In an address -urging support
of the Israel Bond drive, Senator
Hubert H. Humphrey, Majority
Whip of the U.S. Senate, said
that "the increase in Israel's
strength, economically, political-
ly and militarily is a factor of
stability. This is in our national
interest, and is a contribution to
world peace.
"Our interest in Israel," he
added, "is intensified because
the State of Israel is proving
that a democratic society—
free people with free rep
can political institution
n
develop an underdev
ed
country, can plan witho loss
of individual liberty, can end
both public and private
ter-
prise into one economy.
other words, Israel is demo-
cracy's answer to totalitarian-
ism."
lection, which will feature
is-
tian Dior fashions made
Is-
raeli textiles. Carroll B r and
Jan Sterling will be gu
stars.
Outlining the needs f 1962,
Samuel Rothberg, the
wly-
elected National camp
chairman, pointed out that
$66,500,000 in Israel Bonds to
be sold during 1962 must, in
addition to providing for
housing and the development
of new towns, finance the fol-
lowing essential. pro
new port at
dan R
1
pr
, enlargement of the
of Elath; accelerated de-
elopment of the m e
fleet; ext
ad
to Elath;
pita-
Lion of
as pota
natura
as, 11
per,
and
elopmen
new in-
dustri
t
ote Israel's
e.
chairman of the W e .
Divi-
sio
, annum,
that the
1
women's sales and. urchases
Israel Bonds
1 excee
$14,00
the tota f
$5
st year
A
was p
nted
to .
guished
radi
oducer and
director,
for a number
produced the highly
successful Hanukah Festival for
Israel presented annually at
Madison Square Garden by the
Israel Bond drive in New York.
MURRY KOBLIN
"An Artist's-Artist"
SIGNED BY FRIENDS
JAN VAN ECH-H
FRANK LLOYD RIGHT
STOP VAN GOGH
SAM BEETHOVEN
"LEFTY" RENOIR
OTHERS
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-
—
Three new officers of the Isra-
el Bond Organization were an-
nounced: Ira Guilden, formerly
National Campaign Chairman, as
national chairman; Samuel Roth-
berg
of Peoria, formerly nation-
The goal of $66,500,000 was al' chairman
for trustees, as na-
adopted by 350 Jewish leaders tional
chairman, and Louis H.
from all parts of the United
States and. Canada at the three- Boyer, former Los Angeles chair-
man, as national chairman of
day meeting at the Commodore trustees.
Hotel here.
Other officers of the Israel
The Israel Bond leaders acted
following rn eloquent report of . Bond Organization for the com-
Israel's development plans by ing-year are Abraham Feinberg,
Dr. Abba Hillel
Finance Minister Levi Eshkol president;
Silver, chairman of the board of
and a cabled message from governors;
Joseph J. Sch-
Israel Prime Minister David Ben- wartz, vice -Dr.
Jack D.
Gurion citing Israel's pressing Weiler, s e c president;
r
e
t
a
r
y-treasurer;
need "to provide refuge and re- Lawrence G. Laskey, chairman of
birth for large masses of Jews.' the executive committee; Eddie
The Prime Minister listed Cantor, national chairman of
three major undertakings which builders;
Bressler, national
"demand increased resources of chairman Max
of guardians; Mrs. Jan
pioneering investment capital Peerce,
national chairman of
provided through Israel Bond the women's
division; Michael A.
sales: rapid construction of hous- Stavitsky, national
chairman for
ing units; extensive settlement High Holidays, and
Julian B.
and development in the Negev, enezky, national chairman
for
and adequate expansion of in- regions.
dustrial and other employment."
Schwartz reported that the
"At its present rate of pro-
gress Israel will achieve com-
plete economic independence
before the end of the present
decade," he said.
He warned that failure to
carry out this program would
result in a return to "ma-
barot", or sit
camps-
eal y overcr
ing
already saturated ar
a
disruption of Israel's p
am for the full irjegrati
'newcomers.
In his
hasized
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of
set-
ent
v. He
ortance"
om abroad
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The highlight of the Confer-
ence will ,be a national birthday
celebration honoring the 70th
birthday of Eddie Cantor, with
Jack Benny as a special guest.
Louis H. Boyar of Los Angeles
will serve as National Chairman
of-the Inaugural Conference and
the "Eddie Cantor Birthday Cele-
bration."
In connection with the confer-
ence in Miami, the National
Women's Division of the Israel
Bond Organization will present
on Feb. 23 the international
premiere of the Dior-Israel Col-
Five New Groups
Boost Council's
Affiliates to 333
RESTORES ORIGINAL
F REE!
1962 campaign for Israel Bonds
will be formally launched at a
National Inaugural Conference
for Israel Bonds, meeting at
the Fontainebleau Hotel in
Miami Beach from Feb. 23
through 25.
-
.
The affiliation• of five, addi-
tional local organizations with
the Jewish Community Council
was announced by Mrs. Nathan
Spevakow, chairman of the ad-
missions committee.
The new member organiza-
tions and their - presidents are:
Congregation Beth Abraham
Men's Club, Meyer Lulloves
Congregation Beth Moses, Jer-
ome Kohn; Congregation Bnai
Israel, Pontiac, Charles Jacobs;
Hillel Day School, - Rabbi Jacob
E. Segal; Temple Beth Jacob,
Pontiac, Dr. Samuel Chafets.
The affiliation of the new
groups brings the Council's
present -organizational member-
ship to 333, Mrs. Spevakow^
stated.
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