Report to the ... Zionist Congress and to the Council of the Jewish Agency in ... · 1935-08-01 · 8.1935 · p. Seite 85

meeting this claim in the course of the current fiscal year, after due examination of its details. In the absence of a surplus, the Executive shail make provision for this item in its budget estimate for 5696. 5. —(a) The General Council authorises the Executive of the Jewish Agency to negotiate with the directors of the Anglo-Palestine Bank and of the Jewish Colonial Trust, with a view to an arrangement concerning the old claims of the Keren Hayesod against the Banks. (b) The Council directs the Executive to use the sums which will become -available after settlement of this matter for the establishment of the following institutions : (1) An Industrial Bank; (2) Agricultural Bank for Planters and Smallholders; (3) Agrarian Mortgage Bank. The Executive shall reserve for itself the major influence in the management of these banks. (c) The General Council desires that the co-operation of the bodies concerned, especially of the Manufacturers' Association, shall be sought in connection with the establishment of the Banks. 6. —Income from the Sale of Land. The General Council authorises the Executive to make the followinginvestments of the money realised f or the sale of land in 5695 : About 40% in new colonisation, over and above the regular budget; About 40% in buildings and homesteads with allotments in the colonies; About 20% in loans to existing settlements. 7—Additional Settlers. The General Council authorises the Executive to use any surplus over the regular budget income resulting from the sale of land for the extension of schemes for the development of the settlements Sede-Yaakob, Jadshur, Mishmar Haemek, and Kfar Yehoshua, in order to include additional families of settlers. Eight additional families should be settled in Sede-Yaakob. 8. —Separate Collections. The General Council draws the attention of the Executive to the increase of collections for funds in the Diaspora, which are causing" severe prejudice to the national Funds, and requests the Executive to regulate jointly with the Directors of the Funds, the raising of money by means of separate collections and to submit definite proposals to the forthcoming Congress. 9. —Control Office. The General Council directs the Executive to draw up in collaboration with the Chairman of the Finance Commission and the Chairman of the Organisation Commission, a detailed scheme for a Control Office, and to submit it to the forthcoming Congress for discussion and approval. 10. —Religious Needs. The General Council resolves that a further grant of £500 for religious needs shall be made from the surplus income of the Keren Hayesod above the regular budget and from additional income resulting from the collection of debts. 11. —Zionist Banks. The General Council notes the report of the Bank Commission, and will take into consideration the observations and proposals for the improvement of the present situation made in the course of the debate on the Banks. 12. —Board of the Keren Kayemeth Leisrael. The General Council resolves to approve the re-election of the retiring members of the Board of Directors of the Keren Kayemeth Leisrael, Mr. M. M. Ussishkin, Rabbi M. Berlin, and Mr. I. Wilkansky. 85