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With Economic Conditions on Upgrade Jewish Colonists in Palestine in Need of Credits

June 23, 1930
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More Jews have immigrated to Palestine during the past five years than to any other country in the world, and there is no Jewish unemployment there, according to George M. Hyman, who recently returned to this city after a stay of two years in Jerusalem, where he was acting as Registrar of the Hebrew University during the riots last August. Mr. Hyman, who is a veteran of the World War, and whose grandfather fought for the South during the American Civil War, was a volunteer member of the special constabulary, and the only American wearing a British uniform during the time of the rioting.

For the past six months, Mr. Hyman says, there has been complete security in Palestine and an era of reconstruction and consolidation has set in which has made for better economic conditions than have been known there for several years. According to a statement by Mr. Hyman to the officers of the Allied Jewish Campaign, a building boom began in Jerusalem this Spring. The demand for living quarters in the Jewish suburbs was so great that even old settlers began to build additional stories to their homes to accommodate the newcomers.

“Even cooperative apartments are coming into vogue, not of the Park Avenue stamp, but dwelling houses that will provide adequate living quarters with modern sanitary appliances, for workingmen, executives and clerks.

“Credits, however, are badly needed to enable settlers to build their own homes and to develop agriculture and industry. A large number of Jewish workmen have been given employment in the construction of the new King David Hotel in Jerusalem, which will be as fine as any of the famous tourist hotels in Egypt. Work on the Haifa harbor is well under way and when completed will make that city, with its large Jewish population, one of the principal ports in the Near East. Palestine is already a stopping place for the air service from London to the Orient, and bids fair to become an important commercial as well as an agricultural center.”

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