£2,000,000 LOAN PLAN
PALESTINE ACTIVITIES BRITISH , OUARANTEE (British Official Wireless.! Rec. 10 a.m. RUGBY, May 5. A Treasury memorandum is issued explaining that a financial resolution is proposed to enable the introduction of a bill authorising the Treasury to guarantee the principal and interest of a loan, not exceeding £2,000,000 to bo raised by the Government of Palestine for the. following purposes: The resettlement 'of displaced Arabs, £250,000; water supply and drainage schemes for Jerusalem and Haifa; water supply for Hebron and various villages, and a survey of water resources, £033,000; agricultural credits, £200,000; the construction of ; an oil
berth and reclamation scheme at Haifa, £210,000; public buildings, includying the Jerusalem Post Office and various educational buildings, and puiposes incidental to or connected with any of the purposes mentioned in the schedule, including the raising or 1 the loan, £407,000.
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Bibliographic details
Poverty Bay Herald, Volume LXI, Issue 18389, 5 May 1934, Page 5
Word Count
140£2,000,000 LOAN PLAN Poverty Bay Herald, Volume LXI, Issue 18389, 5 May 1934, Page 5
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