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Tel Aviv Gets $250,000 Loan

March 8, 1938
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William G.A. Ormssy-Gore, British Colonial Secretary, has approved a £50,000 ($250,000) loan for Tel Aviv, Mayor Israel Rokach announced today at a session of the Municipal Council. The municipality’s plan to use an additional £50,000 for a more extensive public works program to relieve unemployment was rejected, he reported.

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