Israel Sets Aside $7,000,000 of $100,000,000 American Loan for Electrical Equipment
Menu JTA Search

Israel Sets Aside $7,000,000 of $100,000,000 American Loan for Electrical Equipment

Download PDF for this date

Seven million dollars of the $100,000,000 American loan to Israel have been placed at the disposal of the Palestine Electric Corporation to buy electrical equipment from the United States, Reuters reported from Tel Aviv. Israel formerly bought all electrical equipment from Britain, the report emphasized.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund