The ups and downs of Palestine’s economic system are illustrated by various reports on exports of Jewish made products made public today.
One report discloses that more than $1,000,000 worth of Palestine-produced medicaments were exported to neighboring countries last year. At the same time, it was announced at a press conference today that the situation in the citrus industry is “catastrophic.”
Jewish orange growers speaking at the conference said that if the Palestine Government dose not buy, immediately, 100,000 tons of citrus fruit at a price of $24 per ton, the entire industry will be ruined. They emphasized that $100,000,000 have been invested by Jews and Arabs in orange groves and that twenty percent of the country’s population makes a living from the citrus industry.
The local Jewish chamber of commerce in Haifa has received recently many offers from firms in India, Egypt, England, and Turkey, expressing their desire to renew trade relations with Palestine as soon as shipping facilities are available. The city of Tel Aviv has adopted a municipal budget of $5,200,000, which is $1,200,000 increase over last year. Most of the additional funds will go for health, education and social welfare activities.
H. F. Robertson, who has just completed a study of Jewish communal agricultural settlements for the Colonial Office, left for London today. The Hebrew newspaper Haaretz says that he has submitted “a very favorable report.”
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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.
