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Israelis Confer with British Bank on Release of Arab Accounts

October 29, 1952
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Representatives of the Israel legation here and Barclay’s Bank are holding talks on technical questions in connection with Israel’s offer to release the blocked bank accounts of Arab refugees. Also taking part in the talks is John Reedman, of the U.N. Secretariat. The talks are expected to be prolonged since they deal with unprecedented legal and technical points.

Sir Arthur Salter, Minister of State for Economic Affairs, replying to a question submitted by Conservative M.P. Robert Boothby as to whether the British Government would give special credits to Israel for the purchase of herrings and mackerel “when these fish are in surplus supply,” said: “I don’t think that this would be justifiable in the present circumstances.”

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