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Decision on Government Loan to Palestine is Postponed to November

August 1, 1926
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(Jewish Telegraphic Agency)

The Palestine government loan question now pending in the House of Commons was held over for the fall session of the House. It was stated that the resolution introduced by the Colonial Office to authorize the Chancellor of the Exchequer to guarantee the Palestine government $22,500,000 loan will be taken up in November when it will be finally approved.

In the House of Commons yesterday Sir F. B. Sanderman, Conservative, raised the question as to whether the Palestine government, in deciding on the loan, had consulted any representative body of the inhabitants and whether it has ascertained the opinion of the Arabs who constitute 90 per cent of the population and will bear the chief burden of the loan. He also asked the Colonial Office to inform the House of Commons as to how the annual repayment will be raised.

The Hon. William Ormsby-Gore, under-secretary for the colonies, in reply to the first question stated that in view of the fact that the Arabs have refused to participate in the formation of a legislative council, there is no representative body to consult. With regard to the last question, he stated that the repayments will be made from the ordinary revenues of the country.

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