Jewish Economic Position Seen Resisting ‘blockade’

THE JEWISH ECONOMIC POSITION HAS SUCCESSFULLY RESISTED WHAT WAS TERMED AN EIGHTEEN-MONTH “BLOCKADE,” THE THIRTY-SIXTH ANNUAL CONFERENCE OF HISTADRUTH, PALESTINE JEWISH LABOR FEDERATION, WAS TOLD BY J. FRUMKIN, HEAD OF ITS STATISTICAL DEPARTMENT.

MR. FRUMKIN SAID THE BANKS WERE IN A VERY STRONG POSITION AND THE MONTHLY INFLUX OF CAPITAL TOTALLED $2,500,000. WHILE THE CITRUS INDUSTRY HAS BEEN BADLY AFFECTED, HE DECLARED IT IS EXPECTED TO REFLECT AN IMPROVED DISTRIBUTING ORGANIZATION. UNEMPLOYED IN THREE LARGE CITIES — JERUSALEM, HAIFA AND TEL AVIV — TOTAL 3,000, MR. FRUMKIN SAID, BUT THE HISTADRUTH EXPECTS TO PROVIDE WORK SHORTLY FOR 2,500 OF THE JOBLESS.

THE POSITION OF THE COLONIES WAS DESCRIBED AS MUCH WORSE, CHIEFLY DUE TO SEASONAL CAUSES WHICH, IT WAS STATED, WILL CLEAR UP AS SOON AS THE CITRUS SEASON OPENS ON NOV. 20. THE NEW TEL AVIV PORT EMPLOYS 900 WORKERS, ACCORDING TO MR. FRUMKIN’S REPORT, WHILE 500 OF THE HAIFA PORT EMPLOYES ARE JEWISH AND AN ADDITIONAL 400 ARE EXPECTED TO OBTAIN JOBS THERE.

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