Abstract

The Palestine Problem
October 1, 1924 issue

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Palestine costs the British taxpayer £1,000,000 a year for the upkeep of military forces necessary for the maintenance of the present regime in the face of overwhelming opposition. Apart from this, its annual revenue barely, on the most favorable showing, meets its annual expenditure--in point of fact, it substantially fails to meet it, as no provision has hitherto been made for the payment of interest and sinking-fund charges on its debt. harbor scheme at Haifa, which will cost about £1,000,000. On the completion of the loan transaction the national debt will amount to £ 6,000,000, involving an annual charge of £300,000 on the local revenues.

See Also:

USER charges; REVENUE; DEBTS, Public; ARMED Forces; PALESTINE; GREAT Britain
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