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Mineral Wealth in Dead Sea is Worth $4,000,000,000, Says Sir Herbert Samuel

February 17, 1929
See Original Daily Bulletin From This Date

The mineral wealth of the Dead Sea, the reputed bed of Sodom and Gemorrah, is estimated to be eight hundred million pounds Sterling and equivalent of $4,000,000,000, a sum which would be sufficient to pay the expenses of all nations who participated in the World War, declared Sir Herbert Samuel, former High Commissioner of Palestine in a lecture he delivered last night at the Westbourne Park Baptist Church.

The difficulty, however, is, the former High Commissioner stated, that there must necessarily be great delay in obtaining and working the concession for the extraction of this wealth. Sir Herbert expressed the belief that Palestine when developed fully under the British Mandate would create an opportunity for three million Jews to settle and live there under the best conditions.

“There is in every respect cause for satisfaction with the British work in the Holy Land,” he said.

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