Israel’s currency is nearing stabilization, Dr. Peretz Bernstein, Minister of Trade and Industry, last night told Parliament, but emphasized that price stabilization is a necessary adjunct to currency stabilization.
In an optimistic review of economic conditions in the Jewish State, the Minister voiced the hope that the unemployment situation would be eased off when manufacturers receive credit which will permit them to increase production. Admitting that his proposal might stir controversy, the Minister suggested that pigs might be bred in Israel to provide ham for export.
In another discussion in Parliament, Minister of Communications Joseph Saphir expressed the opinion that passengers on E1 A1 planes leaving New York Friday and arriving at Lydda Sunday commit no technical breach of the Sabbath, He said that while the planes on this run stop at London they take on no additional passengers.
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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.
