The Barre daily times. (Barre, Vt.) 1897-1959, 1903-08-22
TIE ZIONIST CONGRESS
Sixth international Gathering
at Basel, Switzerland.
goHBME ON GOOD Cash BASIS

Colonial Trust Has working Capital
of s2,oOO,OoO For operation-whnt
Has Been Accomplished at rre-
vious Congresses.
Leon Zolotkoff, a delegate TO the sixth
international Zionist congress at Basel,
Switzerland. writing to the Chicago
Tribune says
The sixth Zionist congress, Ike the
sixth day Of the week Of creation, will
complete a cyclus Of organization. Out
of the chaos Of hopelessness, of confu-
sion Of ideas and Of a vague and unde-
fined yearning powerful organization
wen regulated and fun Of purpose,
sprang forth. as II by magic There
was no model TO pattern after, no prec-
edent to consult New conditions had
to be created. The achievements prove
how well the plans have been laid The
sixth congress will proclaim the con-
summation Of the tremendous expert
ment, for it will record The completion
OF the worldwide organization in All Its
branches.
The Zionist movement, established on
the sound basis of a worldwide co..
operative effort among the Jews dis
covered that it needed a financial in-
strument Of the same character. a
bank plan was mooted at the first con-
gress held ii 1897, the embryonic par
lament OF a Jewish nation. In May
1898, the scheme was put 70 practical
test A small committee was formed
with headquarters at Cologne and pro-
yisional promises Of subscriptions were
invited
SO enthusiastic and SO widespread
was the response that within q year
the Jewish colonial trust was estab-
lished with a capital stock Of $4,000
900 divided into Eve dollar shares. The
joint stock concern proposed by George
Eliot, as a writer, and By Sir Laurence
Oliphant, as political writer, IL aid
Of the refrigeration Of a homeless jew
ish people on their ancestral soil has
thus become a reality.
The trust speedily Became the largest
joint stock concern in the world Its
certificates are held from the Caucasus
to Klondike, from Perth in western
Australia to Aberdeen in Scotland The
shareholders number 10000, who to-
gether hold 100000 shares.
An undertaking Of that kind though
not intended for gain must have tho
Of commercial profits, and
already a dividend was announced on
the S2,000000 for the first working
year, which ended May 1903
The trust aims directly not at the
purchase Of Palestine, but at the OBJ
tanning and financing Of such eonces-
sions shall, beyond commercial adyan-
tages give the right Of legal settlement
In Palestine to those Jews who are In
need Of a home, and shall. moreover.
give security Of tenure for land and an
forms Of estate
For the purchase Of land in Palestine
and Syria another resource was Great
ad-the Jewish national fund. This
fund is being raised by means Of the
sale Of stamps which Zionists use to
ldorn their private correspondence and |
stationery. A stamp represents the
'espective coin Of the smallest demon.
nation Of every country The admins.
ration Of the fund remains with the
congress The business control is vest.
q in the Jewish colonial trust over
100000 has been raised in THAT way.
An as Indispensable link in the chain /
i these institutions, the Anglo pales
inc company, was founded with d cap.
tai Of S25000O for the purpose Of de-
clipping Palestine Industries and 10 as
ist Jewish colonists in finding mar
cts for their products, This company
gently opened its offices in Yafa ana
J doing we'll
The machinery of the organization
aving thus been completed. the main
roblem which Will occupy the atten-
ion Of the sixth Zionist congress win
e how to put the wonderful mechan-
M 70 proper and immediate use At
bis critical moment
HUNDRED Mi ES AM uNlo