White House Discusses Possible Economic Measures Against Israel

Secretary of the Treasury George M. Humphrey was summoned to the White House today to discuss possible economic measures against Israel as part of a series of contemplated U. S. acts in the Egyptian-Israeli conflict. Secretary of State John Foster Dulles also met with President Eisenhower this morning on the situation in Egypt.

A. U. S. Export-Import Bank mission scheduled to leave yesterday for Israel to study Israel’s application for a $75,000,000 irrigation loan did not leave because of the present Middle Eastern situation. This was learned from Export-Import Bank sources today. It is believed that the mission will not be sent until the present crisis subsides.

The White House said today that the United States is still standing by its pledge to assist any victim of aggression in the Middle East. White House spokesman James Hagerty made the statement in reply to a question. He was asked if the United States would abide by its 1950 pledge despite the British and French stand.

The State Department made known today that it is considering calling for an emergency meeting of the United Nations General Assembly to take up the Egyptian issue. It was indicated that this step was being discussed among other possible measures.

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