PROSPEROUS LAND

Evening Post, Volume CXV, Issue 36, 13 February 1933, Page 3

PROSPEROUS LAND

IN MIDST OF SLUMP

In, the midst of world-wide depression, searchers are able to. find offg country which- is actually shaking off the burdens of depression and was more prosperous last year than it was the year before. And that country lies on the eastern shore of the Mediterranean—iV is Palestine, the Holy Land of Christian and Jew. As the "New York Evening Post" remarks:—

In that little country, not so long ago the scene of bitter strife between Jews and Arabs, it is reported, that exports are higher last year than the year before, that the unemployment figures are showing an impressive downward curve, that building activity and general industrialisation are steadily going forward. At the great annual fair at Tel-Aviv, for example, the number of exhibitors has increased from 300 in. 1928 to 1300 in 1932.

The explanation of this phenomenal state of affairs is that depressed conditions in other countries have caused the immigration of* & more substantial class of Jews, and that by resisting whatever impulse there may have been to tighten the ban on immigrants Palestine is now reaping the reward of its liberality through definite economic recovery. We hope the reports of this situation are fully justified. It is a distinctly bright spot on a none too promising international horizon.