Purposes of New Israel
Credit Outlined; Prepare
Half Billion Bond Issue

Continued from Page 1

government, said that he is
afraid the Korean war situa-
tion may hold up delivery of
some mechanical items con-
tracted for under the previous
loan. Under the new program,
Israel will establish fertilizer
• plants which are planned to be
4 adequate to meet the total na-
tional requirements of all basic
fertilizers and to provide some
Markets for export. With the
new money, Israel also will con-
struct new regional irrigation
works which will add approxi-
mately 70,000 acres to the irri-
gated areas of the country. Part
will be used to complete rehab-
ilitation of Israel's citrus indus-
try and for new citrus planting.
It was announced that three
years from tdday Israel should
be in a position to export about
100 percent more fresh citrus
fruits than the 3,865,000 cases
exported in the season in which
the export-import program was
begun.
Another use of the new loan
will be for aid in diversified
firming by which 2,500 addi-
tiOnal farms will be established
in existing older communities
. settled before 1946. It is also
planned to complete the basic
equipment of some 12,000 farms
in newer communities, estab-
lished since 1946.
When the investment required
for these facilities—in fertiliz-
ers, irrigation, citrus and diver-
sified farming—is complete, it
is calculated to save - or earn for
Israel in foreign exchange an-
nually Sn • amount not much
less than the $35,000,000 bank
loan. Mr. Gass also announced
that efforts will be made to se-
, cure further international capi-
- ta.l. He • also spoke of. prepara-
tions for an unprecedented Is-
- rael bond issue to be floated in
the United States. Its target
may be as much as half a bil-
lion dollars. • -
Mapamist Attacks Loan
TEL AVIV — The American
$100,000,000 loan to Israel has
hampered the , development of
the country and has paralyzed
the Israel government's initia-
tive, Dr. Moshe Sneh, Mapam
leader, Tuesday charged in par-
liament.
Dr. Sneh demanded that the
government nationalize all eco-
nomic resources and large in-
dustry as well as enforce more
vigorously measures which will
give it "effective control over
production, exports and im-
ports." Commenting on a state-
ment last week by Finance Min-
ister Eliezer Kaplan detailing
*government plans for spending
an anticipated second American

loan, the Mapam deputy said
that American capital has "dis-
appointed" Israel and will con-
tinue to "disappoint" the Jew-
ish state.
Referring to the general eco-
nomic condition of the country,
he stated that the national debt
has reached the sum of 60,000,-
000 pounds (168,000,000), since
the establishment of the state.
In addition, the nation's eco-
nomic deficit is 170,000,000
pounds, he insisted.

Ethiopian Recognition, Trade
Pacts With Israel Predicted

JERUSALEM — Full Ethiopian
recognition of Israel and the
establishment of diplomatic and
economic relations between the
two nations is expected to be
announced soon, Nathan Marein,
general advisor to Emperor
Haile Selassie and member of
the Addis Ababa Supreme Court,
said here Monday. He is visit-
ing Jerusalem, his birthplace.
Judge Marein added that the
people of Ethiopia are primarily
interested in trade with Israel,
probably on a barter basis. He
said that Ethiopia could export
to the Jewish state large quanti-
ties of cattle, hides, eggs and
poultry in exchange for medi-
cines, medical yequipment and
textiles. The Ethiopians also are
interested in receiving a large
number of technicians and
craftsmen from Israel who
would- aid in development of the
country.

Federation Poll Seeks
Name for New Hospital

Chicago Youth Advisor Will Speak
At Hadassah Education Day Meeting

Ben Aronin, youth advisor of
the Chicago Board of Jewish
Education, will be the principal
speaker at the "Education Day"
program of Detroit Chapter of
Hadassah, which will start at
10 a. m., Jan. 9, at the Shaarey
Zedek.

Contributors to the' Jewish
Hospital are being polled for
suggested names for the new
hospital, for which ground is to
be broken after the first of the
year, said Max Osnos, president
of the Jewish Hospital Associa-
tion.
In the organizational stages,
the hospital has been called the
Jewish Hospital, Osnos added,
but whether this name or some
other name is the final choice
depends on the decision of the
Association board. This mail
poll will probably be the deter-
mining factor.
The Hospital Association,
which is a partner in the Great-
er Detroit Hospital Fund, is
eager to have the opinion of
every member of the commun-
ity, especially those who have
contributed to the construction
of the Hospital in the 1944-46
drive or in the current fund
drive.
The Jewish, Hospital js to re-
BEN ARONIN
ceive $2,500,000 from the Fund,
providing its goal is reached.
Three simultaneous sessions,
Suggestions for names may be
sent to the Jewish Hospital As- which will last until noon—with
sociation, 250 W. Lafayette, De- members having free choice of
groups to participate in — will
troit 26.
feature the following:
Joins Embassy Staff
"And the Remnants Return,"
a lecture by Albert Elazar, illus-
WASHINGTON, D.C. (ISI)— trated by a motion picture; "In-
Miss Esther Herlitz has arrived troduction to Our Youth"—two
from iirael to assume her duties book chats by Mrs. Morris Ad-
at the Embassy of Israel as First ler and a buzz session on the
Secretary.
subject "Whither Our Youth,"

directed by Mrs. Nathan Speva-
kow, with audience participa-
tion; "Our Musical Heritage,"
with Jason Tickton and Margit
Kormendy.
After luncheon, which, in-
cluding registration, will cost $1,
the afteinoon program will fea-
ture Mr. Aronin's address on the
subject "Second Person Plural"
and interpretive Biblical and Is-
rael folk dances by Naomi Ruth.
Mr. Aronin is a member of the
faculty of the Chicago College
of Jewish Studies; director of
extension activities of Cong.
Anshe Emet; and recording ar-
tist for Mercury Record Corp.
The education committee,
Mrs. Bert Smokier, chairman,
and Mesdames Sidney Barnett,
Albert Elazar, Sydney Krause, I.
I. Lappin and Daniel Mandle-
baum arranged the program.
This committee also arranged
le c t u r e series for the four
Thursdays in January, with Mrs.
Adler speaking on "The Voice of
the Heart—A Study of Prayer,"
at tilt McGregor Library, Wood-
ward at Cortland, 10:30 a. m.
until noon.

Survey Commission Fails
In Boundary Line Dispute

TEL AVIV, (JTA--The joint
survey team sent out to estab-
lish the Israel-Jordan demarca-
tion line on the Eilath road in
the southern desert—scene of a
recent clash between Israel and
Jordan forces—has so far been
unable to agree even on the
terms of reference of the team.

■ •=111111•11•1111.

Your Dollar Will Have Twice the Buying Power at Block's Going
Out of Business Sale on 12th

In spite of rising prices ... HERE IS YOUR OPPORTUNITY TO BUY
NATIONALLY ADVERTISED SUITS, OVERCOATS AND TOPCOATS
AT ROCK BOTTOM PRICES ! ! !

ZOD Discusses Future
At 4 Chapter Meeting

SUITS
TOPCOATS
OVERCOATS

-A panel discussion on "Are .
You the Missing Link? Let's
. Talk It Over" will be the theme
of a joint meeting of four local
chapters of the Zionist Organ-
. ization of America at 8:30 p.m.,
Jan. 8 at the Northwest Hebrew
Cong.
Lillian Tron, Daniel Frisch;
; Dr. Albert Schwartz, Haifa; Dr.
Sam Krohn, Masada; and -Max
Chomsky, Nordau, will be the
participants, with A. C -7Lappin,
president of ZOD, acting as mod-
• erator. The topic will stress 'the
future of general Zionism in
the United States.
Community singing and a so-
cial hour will follow the gro-
g r a m. On the arrangement
committee for the evening are
Micki Lancet and Tybie Schnei-
der, Daniel Frisch; Mrs. Albert
Schwartz and Paul Naktin, Hai-
fa; Dr. Krohn, Mas..cla, Mrs. Max
Chomsky and Murray Selborn,
Nordau.

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Cohen Gets Court Clerkship

NEW YORK, (AJP)—Forced to
resign during the recent mayor-
alty campaign as a $15,000-a-
year assistant to the mayor,
Louis Cohen has been ',PlaCed as
a clerk to Justice Edward 'R.'
S preme Court at
K o c h o f Su
$9, 2 0 0-a - yea r1.

THE JEWISH NEWS-3

Friday, December 29, 1950

OPEN EVERY EVENING TILL. 9 • SUNDAYS 10 - 2

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Up To $65

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9047 12TH.