British Jewish Leaders Honor Members of Israeli Financial Delegation at London

British Jewish leaders last night honored the members of the Israeli financial delegation now in London to negotiate with the British Government over blocked Israeli sterling balances, at a dinner at the Anglo-Palestine Club here.

David Horowitz, Israeli Undersecretary of Finance, told the gathering of Israel’s “uphill” struggle from the period of partition, at the end of 1947, to the present. He added that the economic battle is still on. Other members of the delegation spoke of the need for capital investment to develop industry and trade in the Jewish state, and thanked the British Jewish leaders for their assistance to the Israeli cause.

In its current issue, the New Statesman and Nation attacks the Palestine policy of British Foreign Secretary Ernest Bevin and appeals for a share by this country in trade with Israel. “It would pay us,” the pro-labor weekly asserts, “to be generous in order that British firms would be enabled to obtain a fair share of this important and expanding market. A Treasury agreement with Israel, with which financial talks are now under way, should be followed by a trade treaty.”

Stating that this depends upon Bevin, the periodical asserts that the Foreign Secretary’s present policy of “confining the Jewish state has continued unabated, although methods have changed from military threats to economic constraint.”

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