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Israel-british Financial Talks Open in London; Secrecy to Be Maintained During Parley

January 27, 1950
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Strict secrecy will be maintained on the progress of the financial talks between Israel and Britain, which started at the British Treasury today, it was indicated by well-informed sources.

Informed quarters discount rumors that the British Government intends to present to Israel counterclaims amounting to about $150,000,000 to offset claims advanced by the Jewish state. Since specific claims and counterclaims will be put forth by each side in the course of the discussions, it is impossible to compute the total sum beforehand, these quarters stated.

All-out support for constructive efforts in Israel was pledged here by members of the British labor delegation which recently returned here from a visit to the Jewish state, at a reception tendered by the Histadrut Committee of Britain.

Guests included Herbert Morrison, Lord President of the Council and government leader in Commons; Israel Minister to Britain Dr. Mordscal Eliash; and numerous labor MP’s and trade union leaders. In a message to the labor delegation, Prime Minister Clement Attlee declared: “I am sure you have done much to foster and maintain friendly relations between Britain and the new state of Israel.”

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