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Report and Deny Melchett $500,000 Gift to Palestine Financial Corporation

December 9, 1928
See Original Daily Bulletin From This Date

Organization New; Announcement Released by Zionist Executive (Jewish Telegraphic Agency)

Contradictory reports are current in the London press and in Zionist circles pertaining to an announcement of a £100,000 subscription by Lord Melchett, former Sir Alfred Mond, to a new Palestine financial corporation.

Following closely the announcement in the press of the subscription, a denial in his behalf appeared yesterday in the London papers in which it is declared that the information handed out by the Zionist Executive offices in London was premature. In Zionist circles it was explained that the denial was due to the use of an inaccurate term in the original announcement where the subscription was termed a gift.

The London “Jewish Chronicle,” an oppositional paper, in its issue of today urges the Zionist Executive to issue a statement in explanation of the contradictory reports.

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