The late President Roosevelt in 1941 instructed ## to use part of a $400,000,000 loan from the United States to subsidize ####, Jamas Moffet, who was an official of the Cal-Arabian Oil Company at that times, ## yesterday at a Senate War Investigating Committee hearing.
Moffat declared that the company, owned jointly by the Texas Oil Company and ## Oil of California, had paid $6,800,000 in advance royalties for Arabian oil ## to ## Saud in 1941. Since part of this money was used to finance a #### the Jews in Palestine, and the company feared an adverse effect on the business ## the Jews in America, it appealed to the government to take over fi## of ## Arabia.
Assembly to Moffet, President Roosevelt said the government could not #### money to ## Saud, but #### the Middle East was Britain is ##
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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.