1927

June
The Solel Boneh Company, one of the bases of power of the Histadrut, goes bankrupt due to the economic crisis.
Menahem Ussishkin, chairman of the Jewish National Fund, obtains one million dollars from Canadian Zionists (to be transferred over a period of ten years) for the acquisition of a new, marshy area of land intended for settlement -Wadi Hawarith, later Emek Hefer (Hefer Valley).