  {"id":210868,"date":"1948-04-26T00:00:00","date_gmt":"2019-03-12T20:04:57","guid":{"rendered":"https:\/\/www.un.org\/unispal\/?p=210868"},"modified":"2019-03-12T20:04:57","modified_gmt":"2019-03-12T20:04:57","slug":"auto-insert-210868","status":"publish","type":"document","link":"https:\/\/www.un.org\/unispal\/document\/auto-insert-210868\/","title":{"rendered":"UN Palestine Commission &#8211; Loans from Bearer Bond Balances &#8211; Letter from United Kingdom"},"content":{"rendered":"<div>\n\t\t\t\t<\/p>\n<div style=\"text-align:left;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<hr height=\"7px\" \/>\n<\/p><\/div>\n<div style=\"padding-top:10px;font-size:10pt;font-family:Times New Roman, serif;color:#000000;padding-bottom:10px;text-align:right;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">26 April 1948<\/p><\/div>\n<div style=\"padding-top:10px;font-size:10pt;font-family:Times New Roman, serif;color:#000000;padding-bottom:5px;text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">UNITED NATIONS PALESTINE COMMISSION<\/p><\/div>\n<div style=\"color:#000000;text-align:center;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Communication Received from United Kingdom<\/p><\/div>\n<div style=\"color:#000000;text-align:center;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Delegation Concerning Loans from Bearer<\/p><\/div>\n<div style=\"color:#000000;text-align:center;padding-bottom:10px;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">&nbsp;Bond Balances<\/p><\/div>\n<div style=\"padding-top:10px;font-size:10pt;font-family:Times New Roman, serif;color:#000000;padding-bottom:10px;text-align:left;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The following Communication, concerning loans to Tel Aviv and Haifa Municipalities from Bearer Band balances, has been received from Mr. Fletcher-Cooke of the United Kingdom Delegation.<\/p><\/div>\n<div style=\"padding-top:10px;text-align:left;padding-bottom:10px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<hr height=\"7px\" \/>\n<\/p><\/div>\n<div style=\"color:#000000;text-align:center;padding-top:10px;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">DELEGATION TO THE UNITED NATIONS<\/p><\/div>\n<div style=\"color:#000000;text-align:center;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Empire State Building<\/p><\/div>\n<div style=\"color:#000000;text-align:center;padding-bottom:10px;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">New York 1, N.Y.<\/p><\/div>\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<table cellspacing=\"0\" background=\"#000000\" width=\"100%\" style=\"text-align:left;margin-left:initial;margin-right:auto;\">\n<tr>\n<td width=\"50%\" valign=\"top\" style=\"color:#000000;text-align:left;font-size:10pt;font-family:Times New Roman, serif;border-color:#000000;border-style:solid;border-top-width:0px;border-bottom-width:0px;border-left-width:0px;border-right-width:0px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><u>CONFIDENTIAL<\/u><\/p>\n<\/td>\n<td width=\"50%\" valign=\"top\" style=\"color:#000000;text-align:right;font-size:10pt;font-family:Times New Roman, serif;border-color:#000000;border-style:solid;border-top-width:0px;border-bottom-width:0px;border-left-width:0px;border-right-width:0px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">26th April, 1948<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<div style=\"color:#000000;text-align:left;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">&nbsp;<\/p><\/div>\n<div style=\"padding-top:10px;font-size:10pt;font-family:Times New Roman, serif;color:#000000;padding-bottom:5px;text-align:left;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">My dear Bunche,<\/p><\/div>\n<div style=\"text-align:left;padding-bottom:5px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><span style=\"color:#000000;font-size:10pt;font-family:Times New Roman, serif;\">May I refer to <\/span><a href=\"https:\/\/unispal.un.org\/pdfs\/46DFF214395D251D85257098006AD97F.pdf\" style=\"color:#0000ff;text-align:left;padding-bottom:5px;font-size:10pt;font-family:Times New Roman, serif;\">my confidential letter of the 20th March<\/a><span style=\"color:#000000;font-size:10pt;font-family:Times New Roman, serif;\">&nbsp;and to your reply of the 22nd April concerning loans to the Tel Aviv and Haifa Municipalities from Bearer Bond balances.<\/span><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:5px;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">2. With reference to paragraph 4 of my letter of the 20th March, I should explain that the loan to the Tel Aviv Municipality, for which approval was given in principle as long ago as January 1947, amounted to &#163;P518,000. As explained in my letter referred to above, the Tel Aviv Municipality originally applied to the Government of Palestine for a loan of &#163;P353,387 which, (together with funds from other sources), would enable them to acquire the Sarona Lands. The Tel Aviv Municipality have now applied to the Government of Palestine for the remaining balance of the loan as originally approved in principle, namely &#163;P164,613, to completing the financing of the acquisition of the Sarona Lands and His Majesty&#8217;s Government have authorised the Government of Palestine to pay over this balance to the Tel Aviv Municipality.<\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:5px;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">3. The reasons for the release to the Tel Aviv Municipality of this balance of &#163;P164,613 are the same as those set out in may letter referred to above.<\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:5px;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">4. In conclusion, I must point out that the release of this balance finally liquidates all loan commitments to the Tel Aviv Municipality.<\/p><\/div>\n<div style=\"color:#000000;text-align:right;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Yours sincerely,<\/p><\/div>\n<div style=\"color:#000000;text-align:right;padding-bottom:5px;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">s\/ (J. Fletcher-Cooke)<\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Dr. Ralph J. Bunche,<\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Principal Secretary to the United Nations<\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Commission on Palestine,<\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:10pt;font-family:Times New Roman, serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">United Nations, Lake Success.<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>26 April 1948 UNITED NATIONS PALESTINE COMMISSION Communication Received from United Kingdom Delegation Concerning Loans from Bearer &nbsp;Bond Balances The following Communication, concerning loans to Tel Aviv and Haifa Municipalities from Bearer Band balances, has been received from Mr. Fletcher-Cooke of the United Kingdom Delegation. DELEGATION TO THE UNITED NATIONS Empire State Building New York <a href=\"https:\/\/www.un.org\/unispal\/document\/auto-insert-210868\/\"> [&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"template":"","meta":{"footnotes":""},"country":[2321],"document-category":[3333,2841],"document-source":[1365,3357],"committee-meeting":[],"document-subject":[1945,1937,4317,1749,2741],"entity":[1985,1729],"document-language":[6542],"class_list":["post-210868","document","type-document","status-publish","hentry","country-united-kingdom","document-category-communication","document-category-letter","document-source-general-assembly","document-source-united-nations-palestine-commission-unpc","document-subject-assistance","document-subject-economic-issues","document-subject-governance","document-subject-palestine-question","document-subject-statehood-related","entity-state","entity-united-nations-system","document-language-english"],"_links":{"self":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/210868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document"}],"about":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/types\/document"}],"author":[{"embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/210868\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/media?parent=210868"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/country?post=210868"},{"taxonomy":"document-category","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-category?post=210868"},{"taxonomy":"document-source","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-source?post=210868"},{"taxonomy":"committee-meeting","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/committee-meeting?post=210868"},{"taxonomy":"document-subject","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-subject?post=210868"},{"taxonomy":"entity","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/entity?post=210868"},{"taxonomy":"document-language","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-language?post=210868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}