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Britain to Grant Transjordan $40,000,000 Loan to Aiminister Non-israel Palestine

Plans for granting Transjordan a British Government loan of $40,000,000 to enable King Abdullah to administer non-Israeli territory in Palestine which he will annex soon were disclosed here today by the Sunday Dispatch and the Sunday Chronicle.

An agreement to this effect was concluded last week, the papers reported, between Transjordan’s Finance Minister, Suleiman Bey Sukar, and Sir Stafford Cripps, British Chancellor of the Exchequer. The Transjordan official tendered a dinner party in honor of Cripps last week following the conclusion of the new pact.