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Dead Sea Concession Has Been Awarded to British, Firm, London Report Says

October 25, 1927
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(Jewish Telegraphic Agency)

The concession to exploit the salts of the Dead Sea has been awarded to a British syndicate, to be a subsidiary of the Imperial Chemical Industries of which Sir Alfred Mond is the head, the Sunday Times reports today.

Declaring that the prolonged struggle among the powerful British, American and European interests for securing “this most coveted prize in development concessions competed for in modern times,” is thus ended, the paper outlines the details of the concession. The American and continental tenders were definitely rejected and the tender of the British syndicate accepted, the paper declares.

Novomejsky, Russian Jewish engineer who submitted the first application for a concession to exploit the Dead Sea, declared today to a representative of the Jewish Telegraphic Agency that he is astonished at the Sunday Times’ report and believes that it is unfounded. He is presenting an inquiry to the Colonial Office today, he stated.

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