During the decade. the flow of financial and material assistance from this country to Israel has never ceased except for the short interval during the Suez Canal crisis in late 1956 and early 1957. Only a few weeks ago. the ExportImport Bank concluded an agreement with Israeli authorities by which Israel is to receive a loan for $24.200.000. Having thus rebuilt the State of Israel. having also rescued most of the needy Jewish refugees. and having successfully settled them on their allotted patch of land in Israel. the citizens of the new state have been on the alert about the safety and security of their country. For selfdefense. and for that alone. they have spent considerable sums on defense. They have armed themselves with the best defense equipment available to them. and today their armed forces are considered the best organized. best led. and. man for man. the best fighters in the Middle East.
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refugees