Israeli-Inflation Coming under Control;
Friendship Being Sought with. Russia

Continued from Page 1

• arriving come from the Middle "appreciation Of the community

service and the United .States 1.7
percent. He maintained further
that Israeli citizens pay far less
in income taxes than do the
British. The government income
during the first 10 months of
the life of the state, up to April
1, 1949, he revealed, was 28,000,-
000 pounds while its expendi-
tures were less than 27,000,000.
Referring to the government's
item of 62,000,000 pounds (about
$186,000,000) for development
plans, the Finance Minister em-
phasized that Israel alone is not
able to support the ordinary
budget, plus defense expendi-
tures, plus development invest-
ments. The latter therefore re-
quire the mobilization of con-
siderate capital abroad, he de-
clared. He indicated that the
funds would be obtained as
follows : 20,000,000 pounds from
the American loan, 10,000,000
from national funds, 20,000 ;000
from government sources and
10,000,000 from private a n d
banking sources.
He revealed that the govern-
ment has approved plans to
double the capacity of the pres-
ent water supply system for
Jerusalem and also build a new
Tel Aviv-Jerusalem highway.
Outlining the progress of in-
dustry, Mr. Kaplan said that
100,000 workers were employed
in 1947 in industrial enterprises,
only 78,000 in January, 1949, and
101,000 in March, 1949. One hun-
dred and fifty thousand pounds
($450,000) worth of import
licenses are issued each month
to obtain machinery and
industrial equipment, he dis-
closed. The government has
appropriated 250,000 pounds for
the development of Arab villages
and resettlement of Arab refu-
gees in evacuated villages.
Mr. Kaplan concluded with an
appeal for wide support of the
government's economic policies.
The budget now returns to the
Knesset Finance Commission
and will then be returned for
final approval.
300,000 Visited Israel
David Remez, Minister for
Communications, said during
the Knesset debate on • the Is-
raeli budget that his department
is currently providing employ-
ment for 25,000 workers. With
the arrival of new equipment
made available through t h e
United States, he said thousands
more will find jobs.
Some 50,000 Air Travelers and
250,000 ship passengers have vis-
ited Israel since the establish-
ment of the state, Mr. Remez
declared, spending a total of
8,500,000 pounds ($25,500,000), of
which 3,000,000 ($9,000,000) have
accrued to Israeli shipping in-
terests.
Mr. Remez also announced
that the El Al Airline had com-
pleted preparatory work to start
operations soon and also that
Israeli shipping would shortly
be increased appreciably.
Concessions to Investors
NEW YORK—The Israeli Con-
sulate announced special con-
cessions in Israel to United
States investors who wish to
transfer funds to Israel through
the immediate export of textiles.
The general requirement that
30 per cent of the capital trans-
ferred must be in cash has been
temporarily waived in the ex-
port of textiles on two condi-
tions.
1. The textiles must be cloth
and yarn but not apparel and
must be varieties included in
the Government's export plan.
2. Two deadlines must be met:
Application for import licenses
must be made before Aug. 5 and
all shipments must be made be-
fore Oct. 1.

To House All Immigrants

There is a reasonable possi-
bility that the tens of thousands
of immigrants presently in tran-
sient camps in Israel may re-
ceive permanent housing by the
end of this year, Berl Locker,
chairman of the Jewish Agency
in JeruAlem, told a Mapai meet-
ing.
He disclosed that the Agency's
expenditures this year would
total 52 million pounds ($156,-
000,000) and that a large defi-
cit was expected. He added that
40 per cent of the Jews now

East and North Africa.

Inflation Under Control

The inflationary spiral is un-
der control in Israel and the
cost of living index has dropped
for the second successive three-
month period, David Horowitz,
director-general of the Israeli
Finance Ministry, reported.
In an overall review of the
Israeli domestic situation and
the prospects for its export pro-
gram, Mr. Horowitz outlined the
basis for a new policy to en-
courage foreign investments, es-
timated the prospects for a
favorable export program and
reported on increased domestic
production. He pointed out that
the Arab economic boycott of
Israel was doomed to failure.
Mr. Horowitz revealed that
the cost of living for the quar-
ter ending February, 1949, had
dropped three percent and that
the index for the period ending
May, 1949, had dropped a fur-
ther 5.4 percent . The wholesale
price index also dropped sub-
stantially during these periods,
the Finance Ministry official
added.
Currency in circulation and
bank deposits have increased
23.8 percent between September,
1948, and May, 1949, as against
a population increase of 27.8
percent during the same period,
he said. During the same period
20,000,000 Israeli pounds have
been invested in industrial
plants and equipment, while Is-
r a e l i agricultural production
rose 17.6 percent.
To attract an influx of foreign
capital, he said, the government
has authorized the export of a
portion of all profits and divi-
dends earned in Israel. It has
also exempted imported machin-
ery from customs duty and has
made other adjustments, he re-
called.
He stated that Israel's balance
of trade at this time is unfavor-
able, but cited that fact as giv-
ing Israel an "enormous" ad-
vantage in trade negotiations
with foreign nations. Israel's ex-
ports in the near future will be
citrus products, polished dia
monds and potash products, he
said. The Arab boycott must
fail, he asserted, because in the
past Palestine , bought more
from the Arab states than it
exported. In fact, he declared,
the Arab foreign trade amount-
ed to only 11 percent of Pales-
tine's total—not a decisive per-
centage. .
Dayan Heads Peace Mission
Lt. Col. Moshe Dayan, com-
mander of Israeli forces in the
Jerusalem area, was appointed
by the Army General Staff to
head the Israeli delegations to
the mixed armistice commissions
with Transjordan, Lebanon,
Egypt and Syria. The first
meeting of the Israeli-Syrian
commission took place at Ma-
hanayim, on the border, Tues-
day, under the chairmanship of
Brig. Gen. William E. Riley,
chief of staff to UN acting me-
diator Dr. Ralph J. Bunche.
The president of the Moslem
community of Haifa addressed
a letter to the Minorities De-
partment of the Ministry of Re-
ligious Affairs, extending the

of the understanding attitude
and the assistance provided to
repair the Janina Mosque." He
thanked the government for
relief assistance to needy Arabs
during the recent religious holy
month of Ramadan.
Asks U.S.S.R. for Friendship
A national conference of the
Israel League for Friendly Rela-
tions with the U.S.S.R. opened
here at the same time that the
Mapai, which last week with-
drew from the organization, an-
nounced that it would establish
a Committee for Cultural Rela-
tions with Russia within the
week. Of the 399 delegates at
the League parley, 315 repre-
sent the Mapam, 73 are Com-
munists and the remainder are
not representatives of a n y
party.
The parley approved t h e
League's aim of enlisting the
Soviet Union's "sympathetic
friendship" ' for the Zionist
movement and the establish-
ment of brotherly relations with
Soviet Jewry. Ahron Zisling, Ma-
pam leader, announced that a
memorial forest will be planted
at Maale Ohkhamisha in honor
of the fallen soldiers of the
Soviet Army.
In a message to the confer-
ence, Foreign Minister ' Moshe
Sharett underlined the Israeli
Government's "deep apprecia-
tion" of the understanding dis-
played by the U.S.S.R. toward
the Jewish state during the lat-
ter's war for independence, and
the aid given Israel through all
channels of the United Nations
by the Soviets. Stressing that
the government welcomes all at-
tempts to promote friendship
between the two states, Mr. Sha-
rett expressed the hope that the
conference would find a way for
enlisting the support of all sec-
tions of the Jewish community
foi this purpose.

Siegel to Speak on
Farband Day, Sunday

•

Louis Siegel, national secre-
tary of the ,Farband (Jewish
National Workers Alliance) will
be guest speaker at Farband
Day, Sunda y,
July 31, at the
Farbands Camp
near Chelsea,
Mich. The out-
ing will last the
entire day and
plans have been
made for a spe-
cial program,
sports, s w i m-
ming and Mr.
Siegel's address
in the after- Louis Siegel
noon. Reservations for dinner
may be made by calling the
Farband office, TO. 9-8710.

Amnesty Bill for Nazis
Defeated in Austria

A measure which would have
granted a blanket amnesty to
thousands of former Nazis, and
which was sharply attacked by
the World Jewish Congress, was
defeated recently in the Aus-
trian Parliament.

JDC Spends 00 Million During
Nearly 35 Years of Mercy Work

The Joint Distribution Com-
mittee, American Jewish over-
seas relief and reconstruction
organization, announces that its
total expenditures during its
nearly three and a half decades
of humanitarian activity now
exceed $400,000,000.
Moses A. Leavitt, MC execu-
tive vice chairman, stated that
the agenc y's. administration
committee had approved a July
budget of $4,277,000 for aid to.
distressed Jews overseas, bring-
ing the organization's total ex-
penditures from October, 1914
through July, 1949 to $404,238,-
000.
The JDC, whose world head-
quarters are at 270 Madison Ave.,
New York, and which Will ob-
Serve its 35 anniversary this fall,
is voluntarily supported through
contributions to the United Jew-

ish Appeal in the United. States
and to similar campaigns in
South Africa, Canada and Latin
American countries. The great-
est part of its funds have been
raised in the United States.
The JDC's main theater of op-
erations throughout its long ex-
istence has been in E u r op e
Where, on the heels of both
World War I and World War II
It faced gigantic tasks in re-
establishing Jewish populations,
shattered by war and persecu-
tion.
The agency's help has fre-
quently gone to non-Jews. At
the end of World War I it was
active in returning non-Jewish
prisoners of war sent to Siberia
to their homes in Russia.

THE JEWISH NEWS-3

Friday, July 29, 1949

MAKE TISHA b'AB A DAY
OF REDEMPTION!

Contribute to the Jewish National Fund on the anniver-
sary of the destruction of the Temple and provide oppor-
tunities for the settlement of hundreds of thousands
of homeless Jews.

On Tisha b'Ab Eve, Wednesday, Aug. 3, and Tisi,a b'Ab
morning, Thursday, Aug. 4, Detroit Congregations will be
addressed in behalf of the Jewish National Fund by the
following:

Zion

Cong. Bnai

Isadore Sosnick

Michael Michlin

Cong. Ahavas Achim •

Emil Kahan

Cong. Beth Moses

William Hordes
Cong. Beth Yehuda
Cong. Beth Tefilo Emanuel...Irving W. Schlussel

Cong. Mishkan Israel
Cong, Beth Itzchock

Philip Stollman

Cong. Shaarey Zion

Rabbi Jacob Hoberman
Rabbi Leo Goldman -

Cong. Bnai David

Rabbi Joshua S. Sperka

Cong. Bnai Moshe

Robbi Moses Lehrman

Cong. Young Israel of Detroit
Rabbi Samuel Prero

Rabbi Morris Adler

Cong. Shaarey Zedek

Northwest Hebrew Congregation and Center
Rabbi Jacob E. Segal

Nahum Weissman

Cong. Nusach Ari

David I. Berris

Cong. Mogen Abraham

Cong, Ezras Achim (Turover)

Rabbi David Bakst

Cong. Beth Aaron

Rabbi Pinchos Katz

Cong, Bnai Jacob

Daniel Temchin

Cong. Adas Yeshurun

Rabbi Leo Goldman

Cong. Beth Shmuel
Rabbi Joseph Rabinowitz and S. Rosenberg

Cong. Gemiluth Chasodim
Rabbi Leopold Neuhaus
J. L. Berman
Cong. Shaarey Shomaim

1

Cong. Beth Aaron V'Israel

Sol Lopinsky

Cong. Beth Abraham
Louis Ellenbogen and Arthur Shutkin

Cong. United Hebrew Schools, Beth David
Nathan Yaffa
W. Simons Branch

Cong. Chesed Shel Emes..Mr. Citrin, & Boris Wise
Cong. United Hebrew Schools Synagogue....
E. Stein

Jacob Lesser
Cong, Bnai Israel
Cong. Young Israel, Joy Road Branch
Alter Greenbaum
Rabbi Moses Silver
Cong. Anshe Moshe

Cong. Beth Tikvah

Rabbi Leizer Levin

Your Contribution Will Help Speed the
Integration of Hundreds of Thousands of
Jews Into Israel's Economy

Make Your Gift More Liberal Than Ever

Those not attending the above synagogues are requested
to send their Tisha b'Ab contributions to the
office of the

JEWISH NATIONAL FUND
COUNCIL OF DETROIT

11816 Dexter

TO. 8-7384

