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Saudi Arabia Received $12,000,000 in Lend-lease; Most of It in Silver Coin

Saudi-Arabia has received American lend-lease aid valued at $12,000,000 with most of it given in silver coins, it was disclosed here today by the War Investigating Committee headed by Senator Mead of New York.

It was learned here today that the Standard Oil Co. of California and the Texas Company are now fully prepared to finance and build the trans-Arabian pipe line to tap the petroleum rescurces which they have been jointly developing in Saudi Arabia. It is possible that Haifa and Jaffa will be the terminals for the new pipe line, it was indicated.