The Saudi Arabian Government has let a $15,000,000 portion of a $25,000,000 Export-Import Bank credit lapse because of political differences with the United States over American support of Jewish claims in Palestine it was reported here today. A spokesman for the Saudi Arabian legation said that his government had decided to let the loan expire because they preferred to get their money “from friends, not enemies.”
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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.