Confirmation of the report of the Jewish Telegraphic Agency last week that a new two and a half million pound loan for Palestine is pending is carried by the Manchester Guardian which discusses the loan which is intended for public works and for the settlement of landless Arabs.
The paper points to the safety of investment in Palestine loans, and reminds its readers that the first Palestine loan, issued in 1927 at 101½, is now quoted at 115. In addition, it remarks, deposits in Palestine banks amount to 6,000,000 pounds, of which five-sixths is Jewish capital.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
