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Vigorous Campaign Against Speculators in Citrus Land, Orange Groves in Palestine

January 6, 1933
See Original Daily Bulletin From This Date

A vigorous campaign is being waged in Palestine against speculators and uncontrolled brokers who force up the prices of citrus land and orange groves, Emanuel Neumann, head of the Economic Department of the Jewish Agency, has informed the Jewish Telegraphic Agency.

In order to protect and guide middle class settlers and investors, a central information bureau is being established. The bureau, whose function it will be to deal with all questions connected with the purchase of agricultural land and orange groves in Palestine, is to be under the supervision of a committee representing all elements of the Yishub, including the Federation of Jewish Farmers, and the information bureaus attached to the various organizations.

The work will be conducted through the office of the American Economic Committee at Tel Aviv. Competent experts and trustworthy brokers will be listed and recommended, whose fees will be fixed and whose method of work will be regulated by the Committee.

Prospective buyers in Palestine and abroad will be advised to consult this bureau before committing themselves.

Satisfaction with this move is expressed in all responsible circles, where it is regarded as an important and timely step to assist middle-class immigrants, and to protect them from unscrupulous elements who are inclined to take advantage of the increasing demand for citrus groves and the ignorance of the buyers.

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