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Early Building of Iraq Oil Pipe Line: Will Not Be Affected by British Financial Crisis Says Report F

The British financial crisis will not affect the early building of the Iraq oil pipe line, one end of which will terminate in Haifa and the other in Tripolis, in Syria, says a statement issued to-day in Baghdad, the capital of Iraq.

The statement has been made in order to give an official denial to a rumour which has been in circulation to the effect that the Iraq Petroleum Company, which is building the pipe line is hesitating to begin drilling or building, because of the present difficult British financial situation.