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Economic Help for Palestine Sought by Hoofien in London Talks

It was understood today that Siegfried Hoofien, director of the Anglo-Palestine Bank, who left London on Friday, had discussed with Treasury and Colonial Office officials the amelioration of Palestine’s economic position. He was said to have discussed the possibility of restoring financial arrangements cancelled after the outbreak of the war, such as the Tel Aviv municipal loan, various grants and subsidies for economic developments and also Government assistance to meet the present situation by aid along such lines as shipping, the scarcity of which has seriously affected Palestine citrus exportation.

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