The municipality of Tel Aviv today celebrated an important event, the payment of the last installment of the first foreign loan received from America when the city was 14 years old and had only 10,000 inhabitants and 385 buildings.
Today the population of Tel Aviv is more than 200,000 and the city has 8,000 buildings. The annual budget of the municipality is today about $3,000,000 as compared with the $60,000 when Meyer Disengoff proceeded to America and secured a loan within two weeks.
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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.
