The Palestine surplus is piling up its millions, and during April and May of this year no less than £309,000 ($1,545,000) was added to it, bringing it up to the grand total of £2,820,000, or $14,000,000 by the end of May, 1934.
The government had estimated that its total surplus income over expenditure for the entire year of 1934-35 would be £233,000, yet, during the first two months of the fiscal year the sum was £300,000. It is likely, if the present rate of progress continues, that there will be a further £2,000,000 in hand, as “net profit,” by next March 31st.
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.
