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Britain and Israel Will Negotiate on Fate of Palestine Assets Frozen in England

February 15, 1949
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Douglas Jay, treasury spokesman in Parliament, relying today to a question in Common as to whether the release of frozen Palestine s##te held in England is being considered, declared that these assets–sterling balances from Palestine banks–will be taken up at forthcoming negotiations with the Israeli Government. The extent to which the release of these balances will be ##inked to the settlement of claims against Israel will be considered, he added.

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