thusiasm has been stirred up at different times only to cool down. This state of affairs does not pevail in fraternal organizations where members invest some money for the purpose of receiving some financial benefit. After a certain time when members have invested a certain sum of money they do not feel in- rlınelA +n ahandnn +tha nronanizatınn
Lällllk\) L\V GUGLLNVIL LA UzcalliecaLiVii. He described the difhculties under which even large and well known organizations are laboring on account of the unsoundness of the endowment system, in contrast to which he pointed to the Order Sons of Zion and stated that at its very inception the Order has had men who have very judiciously consulted actuaries and insurance men, with the result that ihe insurance system of the Order has been placed on a sound basis. In establishing the Order, the purpose was to get the Zionists together and hold them so for all time, so that if the time did come when their enthusiasm for Zionism and Judaism did not prove strong enough connecting links, their insurance interests would serve to hold them tocether.
The organization has been growing slowly and therefore much surer. Every member is required to take out a policy in a sum ranging from $100 to $1000. Regular insurance rates are assessed and, according to scientific calculations, +he Order can never become bankrupt.
The meetings of the Order are utilized for the nurpose of aiding the National Fund, collecting shekolim, &c. Talks on Zionism are delivered, and in this way the Zionist ideal is spread among the members. The order is now four years in existence and with the beginning of the fifth year, the books show a good standing membership of 2,388. The reserve fund amounts in round numbers to $25,000, which is a larger sum of money per capita then any insurance company can boast of. The actuary who examined the books stated that ours is the only fraternal organization in this country with such a splendid foundation.
In addition to collections for Shekolim, the various camps of the Order contributed during the year to the Nationnal Fund the sum of $4,500. These contributions are mostly made at the meetings of the Order.
Mr. Lipsky supplemented Mr. Zolot- koff’s report with the statement that the Order B’nai Zion’s contribution to the Federation amounted to $412.00, representing Shekel contributions of all organized camps and the per capita tax to the Federation at the rate of 5c, per member. This contribution does not appear on the books, for the reason that payment to the Federation was not made until June 8th. u. TER
Miss Gertrude Goldsmith submitted the following report in behalf of the Young Judea Organization:
Young Judea
Young Judea has to report steady progress since the last annual convention. A year ago the organization had no officers, no funds and no headquarters. Many of its affiliated circles were indifferent and several of the clubs had seceded from the organization.
SULLULN IL VUVSI LIIL VI OALEILLALENF ERS Headquarters were secured through the generosity of the Austro-Hungarian Zionists. The next step was to communicate with the out of town clubs by correspondence, and personally with the clubs in New York City. Many of the circles were raised from the state of inactivity that precedes extinction. A budget was worked out calling for the expenditure of $1,000. This sum was actually expended, as it appears from the Anancial statement herein contained.
Young Judea has now directly afhliated with it 170 circles, and 150 more circles receive the benefit of its possessions.
The Junior work in New York City is now thoroughly organized. In Connecticut and Massachusetts the work of organization has also been successful.
Parents' meetings have been held for the purpose of acquainting the parents of our juniors with the work of Young Judea and for the purpose of securing their financial assistance.
About 35 subscribers were obtainea in this way in the Bronx Borough in New York City alone.
On March 30th a parade was organized in honor of Nahum Sokolow. Over 2,000 children were in line. A very impressive and inspiring spectacle was presented of the Zionists of the future doing honor to a Zionist of the present.
During the year an inter High School Zionist League was organized and has alfiliated itself with our organization. The League has clubs ın all the high schools in this city (New York) and are doing excellent work in spreading Zionist propaganda among the student body.
A training society for Zionist leaders was organized among the older Young Judeans and has carried out a comprehensive program of study intended to fit them to undertake the leadership of clubs. This club has met with such success that it is proposed to organize such groups in all parts of the city.
An auxtliary society of Young Judea was also organized from among the older Young Judeans for the purpose of assisting the organization with the detail work. This club now has a membership of 40.
Young Judea started the year with absolutely no funds but a small sum loaned by the leaders of the organization.
The financial statement from August 1st, 1912, to June 1st, 1913, shows an


