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Israel Will Get $75,000,000 Loan from United States, Javits Says

October 16, 1956
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Attorney General Jacob K. Javits. Republican candidate for the United States Senate said yesterday in an interview with the Jewish press that Israel is getting a loan of $75 million from the Export-Import Bank with the approval of the United States Government. He cited this, the Republican Party’s platform pledge to prevent aggression against Israel and the American position on the Suez Canal situation as indications of a more favorable attitude towards Israel and pledged that. If elected, be would strive to have the Government implement its promises and to assure that whatever is the result of the Suez Canal negotiations, Israel’s ships should be permitted free passage.

He said the Republican Party had always recognized the sovereign rights of Israel and its just struggle to maintain the integrity of its borders and economic independence. He referred to the sale of Canadian and French jet planes to Israel and declared that these transactions could not have taken place without United States approval. Mr. Javits also declared himself in favor of establishing U.S. bases in Israel.

A sharp attack on the Republican Administration’s Israel policy was made in a speech yesterday by Rep. Arthur Klein, who is seeking election to the New York Supreme Court. He charged that “the Republicans led Israel to believe they would receive arms and then let them down.” He asserted that if the United States had granted arms to Israel, “it would have discouraged Egypt in its ambitions and, in all likelihood, the Suez Canal mess would never have arisen.”

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