The establishment of a Jewish shipping company, capitalized at $2,000,000, was announced here by Bar-Kochba Merowitz, head of the Jewish Agency’s maritime department. Merowitz said he is leaving for London shortly to negotiate with British shipping circles and to secure their cooperation.
The Arab newspaper Falastin reports that a group of Arab capitalists at Jaffa have decided to establish an Arab shipping company, which will also have a capital of $2,000,000. Its ships would ply the Mediterranean using Jaffa as a home port.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.
