NEW YORK, (JTA)---The Is-
rt.el Government is sending Dr. I
Chaim Yahil, deputy chief of Is-
rael's Reparations Corporation,
to Bonn with instructions "to
see that there are no further
delays in the ratification of the
reparations agreement" with the
West German Government, the
New York Times reported • from
Tel Aviv.
The report said that Israeli
authorities believe in the Aden-
auer government's good faith,
but are aware that the Arabs
are bringing pressure to bear
through numerous private chan-
nels in an effort to prevent the
payment 'of reparations.
As a result the danger of a
"vendors' strike" has arisen, ac-
cording to information reaching
Israel officials—that is, s.o m e
West German industrialists have
threatened to refuse to make de-
liveries to Israel.
If Israel's Reparations Cor-
poration has difficulty in plac-
ing orders in West Germany for
the $740.000,000 worth of indem-
Prague Trial Opens
Wide Gap in Mapam
4
Friday, January 16, 1953
nities provided in the agree-
ment, it probably will seek to
buy . in other countries, the
Times report says. It adds that
offers to supply goods needed
for the reparations program
have been received from France
Belgiuth, the Netherlands, Lux-
emburg, Denmark, Finland and
Switzerland,
One Swiss concern offered to
make deliveries now on • credit,
for which the ultimate security
would be the ,last year of West
German reparations payments,
ten years from now.
Eden Blasts Communist
Policy of Anti-Semitism
LONDON, (JTA) —Anti-Jewish
allegations which marked the
recent "purge" trial in Prague
as well as the statement pub-
lished by the Central Commit-
tee of East Germany's Com-
munist Party were condemned
here by Anthony Eden, the For-
eign Secretary, in a radio
broadcast in which he reviewed
international affairs.
Eden also expressed regret
over "the long standing issue
between Israel and the Arab
states which has created a hu-
man problem of refugees on a
tragic scale." This issue, he
said, is "a perpetual obstacle"
to peace in the Middle East.
"We have been and still are
trying our utmost to eliminate
it," he stated.
JERUSALEM, (JTA)—The left-
wing Socialist Mapam party of
Israel has been split wide open
as an aftermath of the Prague
trial. Although the split has not
been announced officially, such
an announcement will - take place
when the extremist group, led
by .Dr. Moshe Sneh and Yaacov
Riftin, are expected to set up an
independent faction within
Mapam.
Since the defeat of the
Mapam-Riftin forces in the
central committee over the par
ty's resolution on the Prague
trial, extremist leaders have
been removed from positions of
authority within the party. Dr.
Sneh has been ousted as secre-
tary of the Israel-Soviet Friend-
ship League. Mr. Riftin is no
longer political secretary of the
party and Eliezer Peri, another
Member of the group, has been
removed from the editorship of
the party's newspaper. Al Ham-
ishmar.
The split within Mapam was
widened still farther when Meir
Yaari, one of the leaders of
Hashorner Hatzair--the strong-
est group in Mapam—published
an article in Al Hamishmar
strongly attacking Dr. Sneh. He
accused Sneh of deviating from
the Mapam political line and of
"nearing" the anti-Zionist camp.
Meanwhile, in Tel Aviv, a
Communist sponsored demon-
stration protesting unemploy-
ment and rising prices in Israel
passed without incident. Most
of the 2,000 participants were
recent immigrants from nearby
work villages. This was the first
Communist demonstration on
economic issues held over the
' opposition of Histadrut.
In nearby Ein Harod, a • fight
. developed between Mapai and
Maparn Tesidents resulting in the
arrest of 13 settlers. The district
Commissioner warned settlers
that further disorder would re-
sult in a one-year ban from the
settlement.
Yaacov Chazan, one of the
moderate leaders, told the JTA
that the moderate faction fills
the leading posts in the party
with its followers. He said his
group would organize an inde -
pendent faction and would fight
for its place in the labor move-
ment.
If necessary, . Dr. Sneh em-
phasized, his group would not
"hesitate for a single moment"
to leave the party, but would
retain its seats in Parliament.
The Czechoslovak Legation in
Tel Aviv has not yet acted on a
request for a visa by a Mapam
delegate to attend a youth parley
in Prague. It has already grant-
ed a visa to a Communist dele-
gate.
Patriotism
Our country, right or wrong.
When right, to be kept right;
when wrong, to be put right.—
Qarl :Actiurz
Greater Technion Takes Shape
22—THE JEWISH NEWS
Israel Dispatches Di" Yahil to Bonn
To Speed Ratification of Reparations
Truman Receives Visit
From Weizmann's Widow
• WASHINGTON, (JTA) )—Presi-
dent and Mrs. Truman wel-
comed Mrs. Chaim Weizmann
as a visitor to the White House.
Mrs. Weizmann later told news-
men that "the President said he
looked forward to coining to Is-
rael and that he takes great in-
terest in the young republic."
Mrs. Weizmann was accom-
panied to the White House by
Ambassador Abba Eban. Mr.
Eban said the President told
Weizmann that he con-
sidered Dr. Weizmann to have
been one of the wisest men he
ever met. The • discussion in-
cluded the development of Is-
rael and the mineral resources
of the Negev.
Describing the meeting as
"very elriendly," Mrs. Weizmann
said the President "continued to
have the same interest in Is-
rael." Dr. and Mrs. Weizmann
were guests of the Trumans at
Blair. House for luncheon served
in their honor in 1949.
This is a portion of the artist's conception of the Electrical
Engineering Laboratories which will be the first buildings erected
as part of the new Technion, Israel's Institute of Technology.
The university will be situated on a new campus site in Haifa and
will be built with funds derived from the current $20,000,000 caP7,
ital. fund campaign. Half the amount is to be raised in the`
United States and Canada in a drive being sponsored by the
American Technion Society. The greater Technion will be able
to turn out a minimum of 600 graduate engineers annually. Is-
rael's Prime Minister • David Ben-Gurion has stressed the vital
need for these engineers as the all-important factor in the na-
tion's program of industrial and agricultural development, with-
out which the young country cannot achieve economic stability.
WJC Leader Knighted
By Sweden's King Gustav VI
Newark Synagogue Honors
Its 100th Anniversary
NEWARK, (JTA) — Temple
Bnai Abraham of this city this
week celebrated its 100th anni-
versary. It is the fourth oldest
in the country. Gov . Alfred E.
Driscoll of New Jersey attended
services
STOCKHOLM, (JTA)—W o r ld
Jewish Congress leader Hillel
Storch was honored in the
birthday list of King Gustav VI
Adolf. Storch was named a
Knight of the Order of Vasa,
First Class, for his efforts to
rescue Jews from the Nazis.
Israel Bond Sale in Canada
MONTREAL, (JTA)—The first
Israel bonds in Canada will go
on sale in Montreal Feb. 1, it
was announced at a meeting of
the United Zionist Council of
Canada_ The goal in the Do-
minion is $7,000,000.
THE DETROIT BANK
DIRECTORS
Statement of Condition
WALKER L. CISLER
CHARLES A. DEAN, JR.
JOSEPH M. DODGE
RALPH HUBBART
GEORGE W. MASON
JAMES MCMILLAN
H. GRAY MUZZY
RAYMOND T. PERKING
HARRY L. PIERSON
CLEVELAND THURBER
HERBERT B. TRIX
NATHAN T. VIOER
C. DAVID WIDMAN
December 31, 1952
RESOURCES
i $ V ;
CASH AND DUE FROM BANKS
a
UNITED STATES GOVERNMENT OBLIGATIONS . a ; a ;
,
$128,185,082
311,050,514
(Due or Callable within one year $143,864,586)
(Due or Callable" to 5 years $121,909,251)
STATE AND MUNICIPAL SECURITIES .
.1 ;
3 C ; ;
OFFICERS
Chairman of Board
55,506,921
(Due within 5 years $44,148,119)
0
10,844,010
4 3
97,766,369
-89,098,724
705,000
3,803,824
CORPORATE AND OTHER SECURITIES . a a a a a ;
JOSEPH M. DODGE
President
(Due within 3 years $9,406,922)
I $ $
;
LOANS AND DISCOUNTS. . .
REAL ESTATE LOANS
a
FEDERAL RESERVE BANK STOCK .
0 a t ; • a
; a ; ;
3 3 ;
BANK PROPERTIES AND EQUIPMENT . . ; a ; ; a ;
RAYMOND
CHARLES
; a i s
TOTAL
a
:
1
H.
HEWITT
MILTON J. DRAKE
WENDELL C. GODDARD
WILLIAM B. HALL
CLIFFORD H. HYETT
EDWIN D. KAY
CHARLES A. KINNEY
MURRAY L. MACDONALD
GLEN C. MELLINGER
RALPH J. ROMER
MARSHALL S. WOODS
-
CUSTOMERS LIABILITY ON ACCEPTANCES AND CREDITS. i a
...
,, ;, ;
OTHER ASSETS
PERKING
Vice Presidents
ROLAND A. BENGE
(Main Office and Thirty Five Branch Offices)
ACCRUED INTEREST AND PREPAID EXPENSE
T.
Evocative Vice President
2,576,404
296,260
98,241
$699,931,349
Cashier
GUSTAVE A. WELLENSICK
LIABILITIES
DEMAND DEPOSITS:
INDIVIDUALS CORPORATIONS AND OTHERS
,
U. S. GOVERNMENT .
OTHER PUBLIC FUNDS
; ;
; ; ;
; ;
SAVINGS DEPOSITS •
;
TOTAL DEPOSITS
UNEARNED INTEREST .
ACCRUED EXPENSES AND OTHER LIABILITIES
ACCEPTANCES AND LETTERS OF CREDIT
3
CAPITAL—COMMON (375,000 SHARES)
SURPLUS .
UNDIVIDED PROFITS
GENERAL RESERVES
TOTAL
Assistant Vice Presidents
. $323,953,333
13,881,841
13,582,043
RONALD W. BAINBRIDGE
GEORGE R. BERICAW, JR.
FRANCIS A. FISHER
HAROLD G. FREAK
ANDREW J. LEE
EARL H. QUIBELL
ALBERT H. RUPP
THURSTON 0. SHREVES
BURT R. SHURLY, 'JR.
C. BOYD STOCKMEYER
CHARLES H. WAINMAN
W. BEA WALDRIP
$351,417,217
312,612,517
$664,029,734
1,596,160
2,754,787
296,260
3
Assistant Cashiers
7,500,000
_ 18,000,000
4,450,289
$
1,304,119
$ 31,254,408
$699,931,349
United States Government Securities in the foregoing statement with a pai•
value of $32,290,000 pledged to secure public and other deposits where required
by law, including deposits of the State of Michigan amounting to $4,709,884.
MAIN OFFICE • GRISWOLD AT STATE • DETROIT, MICHIGAN
36 Offices Throughout the City
MEMBER OF FEDERAL DEPOSIT INSURANCE CORPORATION
OVER •ONE
HUNDRED
YEARS
T
OF
HAROLD P. CARR
GEORGE E. CLARK
RODKEY CRAIGHEAD
THEODORE A. DAUER
WILLIAM DUELL
EMERY J. GESELL
JAMES R. HALL
LEON H. HANSELMAN
GEORGE L. HAWKINS
ALBERT W. HOLCOMB
Dix HUMPHREY
RUPERT C. KEAIS
HERMAN A. LOEFFLER
CLYDE H. MCDOUGALL
ADRIAN A. MCGONAGLE
WALTON B. MOORE
HARRY S. RUDY
ALBERT A. SHEPHERD
J ACK L. TALBOT
SERVICE