The State Department announced today authorization by the Development Loan Fund of a loan of $5,000,000 to the Israel Industrial Institution Ltd., to help finance the expansion of small private enterprises in Israel. Dempster Mcintosh, managing director of the Fund, described the Israel institution as potentially one of the most important organizations in Israel designed to provide credit for private industrial development which will help to diversify the Israel economy.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.