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U.S. Zionist Leader Urges Israel to Abolish Economic Controls

July 28, 1953
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“Israel must abolish all controls on foreign investments including control of foreign currency,” Louis Segal, American Zionist Labor leader, declared here last night prior to his return to the United States.

Mr. Segal told a press conference that the Histadrut should take the initiative in persuading the government to accept such a program. Such a move, he asserted, would improve economic conditions in the Jewish State and at the same time dissipate charges that the Histadrut had forced the imposition of controls on investments. During his visit here, Mr. Segal conferred with Premier David Ben Gurion on a number of political, labor and Jewish problems.

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