| Show JEWISH COLONIZATION Detailed Balance Sheet of Hirsch Trust JJado Public New York Sept 5A detailed bal ancesheet of the accounts of the Jewish Jew-ish Colonization association the trust created by the late Baron Del Hirsch with the donation of J500GOOOO for the purpose of helping his countrymen ha J jUt boon made public for the first time since Its establishment The association associa-tion In best represented by Its formation of colonies In Argentina Hitherto the accounts have been kept secret The balance shows that i019507 was spent In 1901 and seveneighths of this Hum was obtained by Intercut and one eighth hy drawing on capital The Argentine project roughly cost last year 5250000 for direct relief tI35 000 for purchase of new land for colon los and SGSOOO for administrative purposes pur-poses American organizations received re-ceived 10000 by way of subventions 110000 by way of loans for agricultural agricultur-al work and the settlement of individual Individ-ual farms In Russia the association spent 100 000 on schools 5000 In subventions 5150000 for erecting viorkcrs dwellings IX Vilna and 30000 In loans In Roumanla the schools coat 5150000 and JllSOOO was given In subventions besides SSOOO < In I loans Palestine received 20000 for schools 30000 by subventions while Asia Minor Min-or absorbed G5000 The most remarkable Items In discounts dis-counts are a loan for the weavers of the prayer hawls In Dubrovna amounting to 170000 and the purchase of land In Galacla for the purpose of colonization requiring an outlay of 120000 The administrative expenses were 1GOOOO or about 7JA per cent of the total expended |
