Palestine Body Favors 3 – to – 1 Imports Ratio
Menu JTA Search

Palestine Body Favors 3 – to – 1 Imports Ratio

Download PDF for this date

Limitation of Palestine imports from any one country to three times the value of goods exported from Palestine was approved here in principle today at a meeting of the Committee on Agricultural Economy and Marketing.

Establishment of a clearing house for the control of this ratio of imports and exports was proposed by Heinrich Cohen. The committee voted to recommend this measure to the Palestine government.

The group also proposed to the government that it establish a citrus shipping board to regulate the export of Palestine’s chief product.

Government circles expressed doubt as to the legality of a clearing house, holding it might be viewed as conflicting with Article 18 of the Palestine Mandate, which provides for an “open door” policy in regard to trade.

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