Monday, Feb. 25, 1924
A Corporation
Jews in this country will no longer be divided into Zionists and Non-Zion-ists. A corporation for investment in Palestine enterprises will be formed. Investments through this corporation will be made on a business basis. By this means non-Zionists will be able to cooperate with Zionists without committing themselves to Zionism.
The corporation, inspired by Chaim Weizmann, world leader, was decreed by resolution at a meeting called in Manhattan by Louis Marshall, Cyrus Adler, Horace Stern, Herbert Lehman. The meeting called upon American Jews to invest between 2 and 5 million dollars. Securities will probably be offered at 6%.
Zionism is now working with the British under the League of Nations mandate. Dr. Weizman estimated there were only 100,000 Jews in Palestine, but with immigration, sanitation, education and new industries it could well be the home of 2,000,000 without depopulating the rest of the world of Jews. Said he: "I want to see a land in which Jews do not dominate non-Jews and non-Jews do not dominate Jews, and I wish to God that the three great religions there could work side by side for the development of Palestine."