Israel Economic
Crisis Grows as
Refuo
6 ees Pour In
Continued from Page 1
The government intends to
raise the value of the pound by
lowering the cost of living, he
asserted, and will increase the
national income by boosting
production. Unless the govern-
ment succeeds in both these
aims, it will also fail in at-
tracting new foreign capital, he
insisted. The direct cause for
the lowering of the Israel stand-
ard of living 'is the large-scale
immigration, he stated.
2,000 in Demonstration
• On Oct. 26, two thousand
w or k e r s demonstrated here
against the Histadrut's decision
to accept a second cut in the
cost of living bonus. The dem-
onstration was called by local
actions committees sponsored
by the Mapam and the Com-
munist Party.
The Histadrut executive de-
nounced the rally, ulh i c h
marched on the Histadrut build-
ing. Pinchas Lubianiker, secre-
tary-general of the labor feder-
ation, convened a special meet-
ing of the executive and told it
that the workers must be made
"to understand that Mapam's ob-
jective is to undermine the
united front and solidarity of
the Histadrut."
Meeting a Failure
In a statement to the press
following the demonstration, Lu-
bianiker ailed the protest meet-
ing a failure because only 2,000
of some 60,000 Histadrut work-
ers in the Tel Aviv district had
attended. He declared this
proved that Israel workers
backed the government's auster-
ity program and the Histadrut's
decision to cooperate with that
program to the extent of ac-
cepting the wage cuts.
Israel is taking account of the
Arab states preparations for new
hostilities, an Israel spokesman
declared, commenting on re-
ports that Egypt had purchased
jet fighter planes from Britain.
Syria and Lebanon also are
reported rearming and building
new fortifications along their
Israel borders. Latest reports in
the Arab press indicate strong
Syrian shock troops are concen-
trated behind the first line of
fortification.
Assails 'Politicians'
The Transjordan press has
called on the Arabs of the world
to "teach the Jews a lesson and
liberate Jerusalem." It assails
"politicians" who hope "to come
to terms with Israel."
Word fias reached Tel Aviv
that a number of Iraqi Jewish
women were arrested, in that
country last Tuesday. They were
arrested when they demonstrat-
ed against the arrest of their
huSbands, sons and relatives
earlier. The demonstration was
dispersed by Iraqi police.
2,800 Arabs Seek to Return
To Their Families in Israel
TEL AVIV, (JTA)—Approximately 2,800 Arabs sepa-
rated from their families by the war have applied to the
Israel Government for permission to rejoin their families in
Israel, officials announced.
Twenty-five hundred applications came from Arab refu-
gees in Syria and Lebanon, 60 each from Transjordan and
Egypt, and the remainder from.
the Arab-held parts of Palestine.
The Israel-Transjordan ex-
change of the Wadi-Fukin area
became effective at noon on Nov.
2 when Israel obtained posses-
sion of an important strip of
land near Bethlehem in ex-
change for the Arab village.
Meanwhile, Israel handed over
11 prisoners of war to the Trans-
jordan Army in Jerusalem.
$158,000,000 Program
A $158,000,000 program for
various development projects
which already has been approved
by the Cabinet will be submitted
to the Knesset this month for
final action, Eliezer Kaplan,
finance minister, announced
this week.
Meanwhile, a new settlement
named for Haviva Reik, a Jewish
heroine who parachuted behind
the Nazi lines during the war on
a mission for the Allies and was
captured and executed, was dedi-
cated. The agricultural colony
will be located on the area ceded
by Transjordan to Israel in
central Palestine.
Obstacles Removed •
Obstacles which had been
holding up the exchange of
goods under the Israel-Hungar-
ian trade pact have been re-
moved following talks between
Budapest authorities and - Dr. T.
M. Kimori, of the Israel ministry
of trade, it was learned.
Under the terms of the trade
agreement, covering the . ex-
change of more than $5,500,000
worth of goodS, Israel was to
send textiles and other goods in
exchange for foodstuffs and fin-
ished articles.
Weizmanns See Refugees
President Chaim Weizma.nn
and his Wife, accompanied by a
group of guests ; visited the "Beit
Lin" immigrant reception camp.
The American' Library in Tel
Aviv, sponsored by the U.S. In-
formation Service, was offically
opened. Its purpose is to inform
the Israel public of educational,
scientific and technical activities
in the United States, and its
shelves now contain 2,000 vol-
umes in addition to 100 periodi-
cals and various reference works.
Rabbi Judah L. Maimon, min-
ister for religion, is in Paris to
attend an international rabbini-
cal congress called by Dr. I.
SchwartZ, Chief Rabbi of France,
at which the relations between
the rabbinates of Israel and
other countries will be discussed.
Unfavorable Reflection
Delegates attending the eighth
convention of the Smallholders
Settlements Association, which
opened here Oct. 27, heard Pre-
mier David Ben Gurion declare
PROMOTE
An Aggressive, Efficient,
ependable Public Servant
ELECT
ALBERT E.
COB
MAYOR OF DETROIT
This
Ad Sponsored by Yewish Friends
of Albert E., Cobo
that the fact that there are
"100,000 inmates of reception
camps currently eating the
bread of charity while millions
of good, fertile dunams of land
remain uncultivated constitutes
an unfavorable reflection on the
Zionist movement and on the
nation of Israel as a whole."
The Premier continued: "The
nation is now on the ascending
path of a mountain and any halt
would be equivalent to a step
backward. The n a ti on must
eat its own bread and its own
fruits from its own land and
not rely on costly imports."
A delegation of the U.S. Na-
tional Council of Young Israel,
consisting of Elijah Stein, presi-
dent, Samson Weiss, director,
and Bernard Berman, treasurer,
announced that a $250,000 insti-
tution similar to the YMCA in
Jerusalem will be built here on
land contributed by the Jewish
National Fund.
Hilldring to Speak
Before MWOA
NEW YORK—Maj. Gen. John
H. Hilldring, former assistant
Secretary of State, chairman of
the State, War and Navy Co-
ordinating Committee, and As-
sistant chief of staff of the
Army, will be the principal
speaker at the 24th Annual
National Con-
vention of the
Mizrachi Wom-
en's Organiza-
tion of America,
it was announc-
ed by Mrs. Lio-
nel Golub, act-
1 n g national
Gen. Hilldring president of the
women's religious-Zionist group.
More than 1,000 women at-
tending the five-day convention
in Atlantic City, N. J., will hear
Gen. Hilldring on Sunday eve-
ning, Nov. 20, in the Breakers
Hotel.
Friday, November 4, 1949
PEC Announces Fourth
Quarterly Dividend
The Palestine Economic Cor-
poration announced its fourth
quarterly dividend of 1949, 25
cents per share of $25 par value
common stock. It is payable on
Nov. 25 to stockholders as of
Nov. 10.
This is the second dividend
declared following the recent 4
to 1 split in the $100 par value
stock on which a $1 dividend
had been paid. The $25 par
value stock is being sold at $28
a share.
More than half of the flowers
in the world are red or some
shade of red.
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PERMANENT— PAINLESS—SAFE
Gl_ ■ ARANTEED RESULTS
BETTY MAMLIN, R.E.
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FOR
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AN URGENT CALL to II
Jewish Organizations:
Elect Your Delegates AT ONCE
to Represent Yogi at the Annual
City-Wide Conference of the
Jewish National Fund
*
*
*
If your organization or Indsmanschaft does
not meet this week, presidents are called upon
to APPOINT five delegates to act for the
organization at this important conference to
be - held ALL DAY SUNDAY, NOVEM1 ,ER 20,
starting at 10:30 a.m., at the Fort Wayne Hotel.
Mail names of your delegates IMMEDIATELY
to the JEWISH NATIONAL FUND COUNCIL,
11816 Dexter, or submit their names to the JNF
Council Office by telephoning TOwnsend 8-7384.
A number of very important problems con-
fronting the Jewish state will be discussed.
Very important persons are coining especially
to address the conference. It is imperative
that every organization and congregation in
the community be represented.
JE ISH NATIO AL FUND COUNCIL
OF DETROIT
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