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Palestine Electric Corp. Gets $1,250,000 London Loan

April 24, 1928
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(Jewish Telegraphic Agenecy)

The Palestine Electric Corporation, the company operating under the direction of Pinchas Ruttenberg for the electrification and irrigation of Palestine, will receive a loan of £250,000 Col. Amery, Colonial Secretary, stated in the House of Commons today.

The loan will be guaranteed under the Trade Facilities Act, in accordance with the regulations.

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