Dealing with statements made by Dr. Chaim Weizmann in Palestine that Zionism is passing through a financial crisis, the Jerusalem correspondent of the Morning Post gave a lengthy description of the situation as he sees it. Immigrants, he said, are suffering through unemployment. The building activity at Tel-Aviv having been suspended (###) and the cement factory at Jaffa working part time, the correspondent’s estimate is that there are 600 unemployed in Jaffa. The colonists and merchants are also feeling the pinch of the money stri(###)cy. During the last year there were fourteen cases of sui(###) by Jewish immigrants caused by “poverty and starvation”.
Despite this situation, immigration into the country is continuing at the rate of 600 males monthly, the correspondent asserts, adding this admonition that unless immigration is suspended until the economic crisis is passed, there are “dangerous times ahead”.
The Palestine correspondent reports also that Bolshevist activity is again becoming very noticeable.
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.