Report to the ... Zionist Congress and to the Council of the Jewish Agency in ... · 1935-08-01 · 8.1935 · p. Seite 408

from twenty-eight settlements attended all the courses, and worked five hours daily in the workshops, especially in the locksmithery and blacksmithery, etc., and they also helped in the repairs of agricultural machines (altogether thirty hours per week), while in the evenings they were given theoretical lessons (on fuel engines, composition of tractors and automobiles, pumps, pipe-lines, electricity, technology and technical drawing). This course was a first attempt which brought considerable benefit to those who attended it, and in the view of all those interested it is desirable and even necessary to organise such courses every year and to improve upon them. 13. Financial Position. The Haifa Technical Institute passed in the previous Congress period through a considerable financial crisis which almost endangered its very existence. The year 5692 concluded with a deficit of £P. 2,840, and in the year 5693 the deficit was reduced to £P. 1,593. An improvement in the balance continued in the last two years. The balance of 5694 ended with a deficit of about £P. 500, but it may be assumed that the deficit in 5695 will be again on the increase, estimated at £P. 1,000, which was brought about mainly by expenses for the building repairs which could not be postponed any longer. The change for the better in the financial position of the Institute is due partly to temporary and transient factors, such as contributions from funds for the assistance of German Jewry to the expenses involved in the appointment of professors from Germany. The Balance Sheet of 5694 shows an income of £P. 750 on this item, and the budget for 5695 an amount of <£P. 1,000 for a similar item. With the disappearance of these allocations in the near future the obligations of the Institute will be increased by similar amounts. However, the main improvement in the financial position is due to its own sources of income which have noticeably increased in the last few years. Special mention should be made of the constant increase of income from the school fees. The income on this item in 5694 amounted to £P. 3,000 as against £P. 1,475 in 5693, and £P. 4,800 in 5694. School fees in the Artisans' School and the Secondary Trade School amounted in 5694 to £P. 520 and in 5695 to £P. 1,000. The expenses of the Institute naturally increased in the last two years owing to' the extension of its work. The total expenditure in 5694 amounted to £P. 9,255 (as against £P. 6.060 in 5693). The estimated expenditure in 5695 is £P. 12,000. The total income in 5694 amounted to <£P. 8,999, and in 5695 it is estimated at £P. 10,350. The grant of the Jewish Agency to the Institute in each of the two years amounted to £P. 750. Although the above figures prove that the Institute has to some extent overcome the depression of its low-water mark, yet the fact must not be overlooked that its material future is not yet secure. Experience has shown that its existence cannot be secured 408