The draft of the Palestine Loan Ordinance of 1934 providing for the raising of a stock issue on the 2,000,000 pound loan and its expenditure in this country has been published in a special issue of the Palestine Gazette.
Fair labor conditions must be observed, it is stipulated, and all machinery and materials imported into Palestine for these works must be British-made except where otherwise provided.
The British Treasury has guaranteed the loan by Parliamentary sanction. The Bank of England will manage the loan.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.
