Rome (May. 12)
(Jewish Telegrahic Agency)
Benito Mussolini and the Italian Government are very sympathetic toward the Jewish colonization work in Palestine, Sir Alfred Mond, who is on a visit here declared following his conference with Government members.
The question of the Italian Government’s guarantee of an international loan to the Zionist Organization under the auspices of the League of Nations was not touched upon, he stated.
Sir Alfred also declared that he considers that the Zionist loan is feasible provided sufficient securities will be found. Palestine, he stated, has a great economic future when the petroleum pipe line from Mosul to Haifa will be laid. Palestine agriculture needs special encouragement. Capital can now be invested in the banana and orange growing industries.