The Arab press is giving much attention to the decision of the Government to introduce a Palestinian currency, independent of the Egyptian Parliament, and the step already taken in the appointment of a special committee to study the problem.
The Arab papers expressed the fear that the new Palestinian currency might introduce a Jewish monetary system, delivering the country into the financial control of the Jews. As a result of these attacks, the Government has issued today a statement declaring that the new Palestinian currency will be connected with the British system, and will be issued directly by the Palestine Government, and not by private banks.
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.