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Israel Sets Aside $7,000,000 of $100,000,000 American Loan for Electrical Equipment

September 9, 1949
See Original Daily Bulletin From This Date
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Seven million dollars of the $100,000,000 American loan to Israel have been placed at the disposal of the Palestine Electric Corporation to buy electrical equipment from the United States, Reuters reported from Tel Aviv. Israel formerly bought all electrical equipment from Britain, the report emphasized.

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