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Mond Urges England to Guarantee Zionist Loan

(Jewish Telegraphic Agency)

A memorandum outlining the plan of the Zionist organization for securing through the League of Nations an international loan of $10,000,000 for continuing the colonization work in Palestine, was submitted to the British Government by Sir Alfred Mond, it was learned today.

In his memorandum, Sir Alfred urged the British Government to guarantee a part of the sum required. He also urged the Government to transfer the center of British trade in the Near East from Egypt to Palestine, since the former country has of late become turbulent.