Palestine Piles Up Immense Surplus
Menu JTA Search

Palestine Piles Up Immense Surplus

Download PDF for this date

The Palestine surplus is piling up its millions, and during April and May of this year no less than £309,000 ($1,545,000) was added to it, bringing it up to the grand total of £2,820,000, or $14,000,000 by the end of May, 1934.

The government had estimated that its total surplus income over expenditure for the entire year of 1934-35 would be £233,000, yet, during the first two months of the fiscal year the sum was £300,000. It is likely, if the present rate of progress continues, that there will be a further £2,000,000 in hand, as “net profit,” by next March 31st.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund