PALESTINE: Bad for Business

Holy Land for three religions and battleground for 4.000 years, Palestine was last week ravaged by new violence. Combatants were Palestine's 770.000 Arabs and 375,000 Jews, with British High Commissioner Lieut. General Sir Arthur Grenfell Wauchope (pronounced "walk-up") the harassed umpire.

With good reason, Arabs are afraid that Jews will take Palestine away from them. Britain's mandate over Palestine guarantees Jews the right to immigrate, indefinitely. In 13 years moneyed Jews have turned Palestine from a dead land of herders to a hustling, well-irrigated, industrial nation with a $31,000,000 Government surplus, an...

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