Israel Approves Purchase of German Ships As Reparations Payment
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Israel Approves Purchase of German Ships As Reparations Payment

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The Israel Government has approved the purchase of six vessels as reparations payment by West Germany, Dr. F. Shinnar, head of the Israel purchasing mission in Germany, revealed here today prior to his return to Cologne.

He said the government had also approved the acquisition of equipment for the Palestine Electric Corporation, in which it is a partner, and the purchase of railway equipment. He disclosed that of a total of 150,000,000 marks set aside for the purchase of oil for Israel by Germany, some 90,000,000 marks had already been spent.

Israel will be able to mint its own coins and print its own postage stamps as a result of reparations orders for minting and printing machinery, it was revealed here today. Orders for the machinery were approved by the director of the Israel Government Printing Office who went to Germany to choose material needed by his department.

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