Saudi-Arabia has received American lend-lease aid valued at $12,000,000 with most of it given in silver coins, it was disclosed here today by the War Investigating Committee headed by Senator Mead of New York.
It was learned here today that the Standard Oil Co. of California and the Texas Company are now fully prepared to finance and build the trans-Arabian pipe line to tap the petroleum rescurces which they have been jointly developing in Saudi Arabia. It is possible that Haifa and Jaffa will be the terminals for the new pipe line, it was indicated.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.