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Palestine Baked Matzos to Have Market in U.S.

November 17, 1926
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(Jewish Telegraphic Agency)

The sale in the United States of Palestine baked matzos, produced by the Grand Moulins de Haifa, the mills of Baron Edmund de Rothschild here, has been made possible through an agreement concluded in New York, according to despatches received here from New York.

The despatches stated that Yehuda Itin, vice-president of the Haifa Chamber of Commerce, who is now visiting the United States in the interest of several Palestinian projects, has concluded an agreement with Julius L. Horowitz of the New York Mizrach Wine Company, whereby the latter has contracted to purchase a considerable part of the output of the Haifa mills on sale in the United States.

The amount of $20,000 for the purchase of 100,000 pounds of matzos has been forwarded by Mr. Horowitz.

Mr. Horowitz and Mr. Itin, who is also the vice-president of the Hadar Ha’carmel, when interviewed in New York confirmed the news of the conclusion of the agreement. The Mizrach Matzos Company has been formed in New York for this purpose, Mr. Horowitz stated.

QUEEN DENIES SEEKING LOAN FOR ROUMANIA

If American bankers have arranged a loan to the Roumanian Government, Queen Marie has had no part in the negotiation and knows nothing of it, a spokesman for the royal party announced, an Associated Press despatch from Chicago states. The reference was to a despatch from Bucharest saying that American and British bankers were arranging a Roumanian loan.

The spokesman also denied that news of the reported financial arrangement was in any way responsible for Queen Marie’s decision to curtail her American tour by sailing Dec. 11 instead of Dec. 24, as originally planned.

It was said that the only money received by the Queen in this country was a $5 bill which was pressed into her hand by a poor woman in New York, who asked that it be given to Roumanian charity.

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