Top Leaders Map Israel Bond Drive
1 6—THE JEWISH NEWS
Hillel Denies Outside Pregsure Led
To Resignation of Rabbi Benj. Lowell
Friday, January 12, 1951
Laborite Is Elected
Petach Tikvah Mayor
—American Jewish Press photo
In this first photo of workers for the forthcoming $500,000,000
Israel bond drive in the United States, are outstanding American
businessmen, diplomatic and communal leaders who met last
weekend to plan for the three-year bond drive. Shown, left to right,
at sessions in New York, are : ABBA EBAN, Israel Ambassador to the
U. S.; HENRY MONTOR (standing), chief executive officer of the
American Financial and Development Corporation for Israel, the
organization which will handle the sale of Israel bonds; HENRY
MORGENTHAU, Jr., former Secretary of the Treasury, who was
named chairman of its board, and JAMES G. McDONALD, who
has served as American Ambassador to Israel.
l Our Letter Box
Suggests 'Hope'—Beth Tikvah'
As Name of Jewish Hospital
By Julius M. Singer
It is a happy occasion to note
that we shall soon see the erec-
tion of a Jewish Hospital in De-
75troit.
r
A hospital rep-
'resents "hope"
for re-
: —hope
covery, for good
;health.
It is my opin-
ion, therefore,
that a Jewish
hospital should
carry the mes-
sage of hope.
This is a time
J. M. Singer when all of us
live in hope—in "Tikvah"—f or
a better future for all the world.
I propose, therefore, that the
Jewish hospital should be known
as Beth: Tikvah Hospitalthe
home of health and hope.
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Turkey Seeking Military
Alliance with Israel
TEL A V I V (JTA) — Pinhas
Rasheesh, member of Mapai, Is-
rael's labor party, was elected
mayor of Petach Tikvah, defeat-
ing the outgoing General Zion-
ist mayor, Yosef Saphir, mem-
ber of the Israel Parliament, who
has been the mayor of Petach
Tikvah for 10 years.
The Mapai's victory came as
a result of support it received
from Mapam, Mizrachi Labor-
ites and Agudah Laborites. The
candidate sponsored by Mizrachi
was defeated. Voting for him
were Mizrachi members of the
Municipal Council, General Zi-
onists, Agudah members, and
Herut.
NEW YORK, (AJP) —The Na- Rabbi' Arthur J. Lelyveld, na-
tional , Hillel Commission, tional director of Hillel Founda-
through its national director, tions, added that "Rabbi Low-
took exception to a report that ell's resignation was fully con-
Rabbi Benjamin Lowell, f o r sidered by Hille l's personnel
more than two years Hillel's ad- committee, whose chairman is
ministrative secretary, had re- Dr. William Haber, former ad-
signed because the "'National visor on Jewish Affairs to Gen-
Hillel Commission felt that the
public relations effect of the
pro-Red charges against him
were more damaging than the
value of the work within the
Hillel structure."
The Bnai Brith Hillel Founda-
tions stated:
"Whatever Rabbi Lowell's mo-
tivations for submitting his re-
signation may have been, we
must forcefully reiterate that
Hillel's acceptance of his resign-
ation Was not motivated by the
charges of any outside indivi-
dual or any outside group and
JDA Begins Separate
certainly not by "considerations
of what might prove to be ex-
Campaign in New York pedient
from the standpoint of
public relations."
NEW YORK. (JTA) —The Joint
The statement, issued by
Defense Appeal, the fund-raising
arm of the American Jewish
LONDON, (JTA) — Informal
Committee and the Anti-Defa-
discussions have been taking mation League of Bnai Brith,
place between Israel and Turkey announced that it will launch
and there is reason to suppose an independent fund-raising
that Turkey places some reli-
ance on a stable, well-defended
Israel as a factor in the security
of the Middle East region, the
London Times reported.
The Bagdad Radio announced
that a delegation of Turkish
Army officers will soon visit Is-
rael -for the purpose of inducing
the Jewish state to conclude a
military agreement with Turkey.
STORM
SASH
campaign in New York with the
intention of raising $3,000,000
towards its national goal of $6,
000,000.
For the last four years,. the
Joint Defense Appeal has re-
ceived its funds in New York
from the United Jewish Appeal
of Greater New York. The inde-
pendent campaign will be laun-
ched by JDA on Feb. 1.
ALUMINUM OR WOOD
Kaufmann Dealer
WRIGHT'S
HOME EQUIPMENT
14104 FENKELL
VE. 8-9034
eral Lucius Clay."
Nevele Sketch Classes
A series of winter sketch
classes have been inaugurated
at the Nevele Country C 1 u b,
Ellenville, N. Y., and will be con-
ducted throughout the season.
The classes are all under t h e
supervision of a trained art in-
structor,
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1946 - 1947 - 1950
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Models
;ALL CASH WAITING: •
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Read This Ad
: Cor. Gd. River & Livernois •
•
NATIONAL BANK OF DETROIT
COMPLETE BANKING AND TRUST SERVICE
globe into something that meant
more than bread to them—to be
able once again to touch their
beloved-instruments. That is why
Arturo T o s c a n i n i conducted
them with tears in his eyes; why
Serge Koussevitsky will conduct
the orchestra in Detroit, with
Leon a rd Bernstein shai,ing
honors with him in other cities.
The Jewish state was still a
dream, but Huberman was out-
spoken in his ideas. He passed
on all too soon, but his dream
is a reality.
Huberman was born near
licrarsaw in 1882, and at the age
of 10 he already was a sensation
as a violinist. In 1894 he played
at a concert in London, the fol-
lowing year in Vienna, and then
began touring the world, includ-
ing the 'United States.
During the last war, he came
again to this country and per-
sonally raised $80,000 for the
orchestra, whose personnel gave
200 concerts for soldiers in the
Allied forces. They became the
symbol and spirit of the ideal
for which Israel stands.
STATEMENT OF CONDITION, DECEMBER 31, 1950
RESOURCES
Cash on Hand and Due from Other Banks ,
United States Government Securities . . • *`•"4"t• ►
Other Securities . . ie • •■ ••11t 410
Loans%
Loans and Discounts
d
•
Real Estate Mortgages
. •_
•
•
Accrued Income and Other Resources
Branch Buildings and Leasehold,_ mprovements
Customers' Liability on Acceptancee_and
•
i I
Letters of Credit
4 •
4
$ 409,270,495.34
703,781,249.67
123,319,251.62
$ 258,247,974.26
59,104,756.09
317,352,730.35
5,928,230.27
2,165,595.37
0
.
6,126,114.55
$1,567,943,667.17
LIABILITipQ
Deposits:
Commercial, Bank and Savings
United States Government
Other Public Deposits
Accrued Expenses and Other Liabilities
Dividend Payable February,-1.-, 1951 .
Acceptances and Letters of Credit
Capital Funds:
Common Stock
Surplus . .
Undivided Profits ..
...
...
•
•
•
•
$1,373,588,240.04
74,335,648.27
39,146,220.72
• •
•
•
s
4
15,000,000.00
15,000,000.00
6,408,431.78
$1,487,070,109.03
7,589,011.81
750,000.00
6,126,114.55
66,408,431.78
$1,567,943,667.17
4
United States Government Securities carried at $110,457,686.97 in the foregoing
statement are pledged to secure public deposits, including deposits of $14,792,613.64
of the Treasurer-State of Michigan, and for other purposes required by law.
Dedicate Yeshivah Dinner
Book to Daniel A. Lavern
Daniel A. Laven, chairman of
the Yeshivath Beth Yehudah
Board, will be honored at „the
tenth annual Patron's Dinner,
March 18, when the program
book for the tenth annual af-
fair will be "dedicated to him.
Parlor meetings of active work-
ers for the dinner are being held
each Thursday evening.
HENRY E. BODMAN
BOARD OF DIRECTORS
ROBERT J. BOWMAN
ALVAN MACAULEY
PRENTISS M. BROWN
BEN R. MARSH
CHARLES T. FISHER
WALTER S. McLUCAS
CHARLES T. FISHER, JR.
JOHN B. FQRD, JR.
W. DEAN ROBINSON
NATE S. SHAPERO
B. E. HUTCHINSON
R. PERRY SHORTS
GEORGE A. STAPLES
DONALD F. VALLEY
JAMES B. WEBBER, JR.
R. R. WILLIAMS
C. E. WILSON
BEN E. YOUNG
Agudath Israel Launches Own
Drive After JA Denies Funds
NEW YORK, (JTA) — T h e
Agudath Israel of America an-
32 OFFICES IN DETROIT
nounced the launching of an
independent fund-raising cam-
paign 'or its religious work in
Israel, following the refusal of
the Jewish Agency executive to
MAIN OFFICE—WOODWARD AT CADILLAC SQUARE—DETROIT 32, MICHIGAN
renew allocation to the Ortho-
dox group for 1951.
Member Federal Deposit Insurance Corporation
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WE. 3-5815
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B.,- Ruth C. Brotman
artists from all corners of the
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BERT BAKER • •
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BIG
LOTS
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A Salute to Israel Orchestra
The Israel Symphony Orches-
tra, scheduled for appearence in
Detroit on Feb. 4, was organized
by Bronisiaw Huberman who
gathered homeless and refugee
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