Summary
The corporation known as Israel Bonds, founded in 1951 to promote the economic, industrial, agricultural and scientific development of the State of Israel, and designated by Israel as sole underwriter of Israel bonds effective May 16, 1955 (Development Corporation for Israel records, 1950-2001, line 69). Its San Francisco office’s records, 1950-2001, are held at the Bancroft Library as BANC MSS 2010/688 (lines 51, 59, 65).
Details
- Purpose and founding as the finding aid states them: founded in 1951 “to promote the economic, industrial, agricultural, and scientific development of the State of Israel” (line 69).
- It replaced the American Financial and Development Corporation for Israel as sole underwriter of Israel bonds effective May 16, 1955 (line 69).
- The first Israel Bonds sales drive was launched in New York by David Ben-Gurion; his coast to coast tour of the United States raised 52.6 million dollars by the end of 1951, and through 1985 the corporation had sold seven billion dollars worth of bonds for Israel (line 69).
- Its records: administrative records, ephemera, scrapbooks, photographs and slides, and audio-visual materials from its San Francisco office, the bulk relating to local Israel Bonds events between 1950 and 1990, including scrapbooks of San Francisco Jewish women’s annual fashion shows (line 65); transferred from the Judah L. Magnes Museum to the Bancroft Library in 2010 (line 73).
Related pages
Development Corporation for Israel records, 1950-2001, Israel bonds, American Financial and Development Corporation for Israel, David Ben-Gurion, Bancroft Library