Search JTA's historical archive dating back to 1923

Unemployment, Suicides Reported by Post from Balestine

January 30, 1923
See Original Daily Bulletin From This Date

Dealing with statements made by Dr. Chaim Weizmann in Palestine that Zionism is passing through a financial crisis, the Jerusalem correspondent of the Morning Post gave a lengthy description of the situation as he sees it. Immigrants, he said, are suffering through unemployment. The building activity at Tel-Aviv having been suspended (###) and the cement factory at Jaffa working part time, the correspondent’s estimate is that there are 600 unemployed in Jaffa. The colonists and merchants are also feeling the pinch of the money stri(###)cy. During the last year there were fourteen cases of sui(###) by Jewish immigrants caused by “poverty and starvation”.

Despite this situation, immigration into the country is continuing at the rate of 600 males monthly, the correspondent asserts, adding this admonition that unless immigration is suspended until the economic crisis is passed, there are “dangerous times ahead”.

The Palestine correspondent reports also that Bolshevist activity is again becoming very noticeable.

Recommended from JTA