Nasser Prepares to Confiscate More Jewish Property, Cairo Report Says

Gamal Abdel Nasser’s widely publicized “Arab Socialism,” announced recently through steps toward confiscating property of rich, “reactionary” Egyptians, may turn out to be no more than a new drive to rob the property of the few remaining Jews and of others considered “foreigners” by the Egyptian dictator, according to Cairo dispatches received here today.

A week ago, the Egyptian regime announced the sequestration of property from 167 “reactionaries”–many of whom were Jews, Greeks and anti-Nasser Lebanese. To day’s dispatches from Cairo report that a second wave of confiscations is about to be announced. Once more, the reports indicate, the victims include the same categories–Jews, Greeks and Lebanese.

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