An Israel Government spokesman last night refused to comment on a report of an inter-ministerial committee which has suggested that the privately-owned Palestine Potash company be nationalized. Meanwhile, Julius Simon, a director of the company, has promised a company statement soon.
The inter-ministerial committee report charged the company with inadequate exploitation of the Dead Sea mineral resources. The report recommended that a new company, with the government holding a controlling interest, be formed. The committee, which drafted the report after a lengthy survey, was headed by Premier David Ben Gurion and Economic Administrator S.S. Hoofien.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.