Summary
Bonds for Israel underwritten, from May 16, 1955, solely by the Development Corporation for Israel (Israel Bonds), founded in 1951; its first sales drive, launched by David Ben-Gurion’s coast to coast United States tour, raised 52.6 million dollars by the end of 1951, and sales through 1985 totaled seven billion dollars, as the Bancroft finding aid states them (Development Corporation for Israel records, 1950-2001, line 69).
Details
- Before May 16, 1955 the underwriter replaced was the American Financial and Development Corporation for Israel (line 69).
- In Palestine: A Socialist Introduction, Barghouti records the AFL-CIO’s investments in Israel bonds and Israeli banks, by some estimates reaching $5 billion.
- The San Francisco office’s records of selling the bonds locally, 1950-2001, are held at the Bancroft Library (line 65).
Related pages
Development Corporation for Israel records, 1950-2001, Development Corporation for Israel, American Financial and Development Corporation for Israel