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April 02, 1954 - Image 5

Resource type:
Text
Publication:
The Detroit Jewish News, 1954-04-02

Disclaimer: Computer generated plain text may have errors. Read more about this.

New Israel Bond Issue Launched;
Ferguson Reaffirms U.S. Support

Samuel Rothberg of Peoria,
III., was named national chair-
man of the Israel bond organ-
ization at the international
planning conference for Israel
held in Washington, D.C., last
week-end. The conf erence
inaugurated the new $350,000.000
Israel Development Bond Issue.
Mr. Rothberg will head the cam-
paign to raise $75,000,000
through bonds sales in 1954.
Phillip Stollma.n was named De-
troit bond chairman.
Delegates from scores of cities
In this country and from Can-
ada, Latin America and Western
Europe attended the sessions.
There were guests from Brazil,
Guatemala, El Salvador and
Holland.
In one of the principal ad-
dresses, Senator Homer Fergu-
son, of Michigan. said he was
proud to follow the precedents
of friendship for Israel estab-
lished by the late Senator Rob-
ert Taft and quoted from an ad-
dress delivered by Senator Taft
at a bond conference two years
ago. He said that members of
Congress on both sides of the
aisle go along with Senator
Taft's assertion that "aid to Is-
rael is certainly no refusal of
aid to other states" and that
the increased strength that Is-
rael can acquire from the bond
issue is a strength against com-
munism. It is a contribution to
freedom for the entire world."
Senator Ferguson gave these
assurances in his address:
"As chairman of the Repub-
lican Policy Committee, I am
glad to asure you that our
party will continue to play a
leading role in formulating a
positive policy on Israel and

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the Near East in behalf of the
United States."
He quoted from the Republi-
can Party Platform of 1952 and
from President Eisenhower's
statement of Oct. 18, 1952, which
gave assurances of support for
the Zionist cause and declared
peace in the Middle East to be
a major aim of this Government,
and added:
"Since that time the Presi-
dent and other leaders of our
party have re-affirmed the
view that our country seeks in
the Near East, as elsewhere, a
peace based on equal justice
for all. All of us must pay
a heavy price if war or strife
continue in this critical area.
The people of the Middle East
will pay in tears, misery and
human suffering and human
life itself. A continuation of
the uneasy cold war in the
Middle East is costly to our
country for it undermines our
over-all defenses against the
threat of communist agres-,
sion.
"We must patiently and per-
sistently try to encourage the
peoples of the Middle East to
make better use of their land
and water, to increase their food
Production, to improve sanita-
tion and to strengthen their re-:
sistance to disease," Senator
Ferguson declared.
"I believe strongly that the
success of your efforts is crucial
to the cause of peace, for if you
can strengthen Israel's economy,
this should bring peace to that
land.
"Those of you who have lab-
ored tirelessly for the success of
this campaign may well be proud
of your efforts. I am told that
the first Bond Issue—the Inde-
pendence Issue—has become the
most successful security floated
by a foreign government in this
country since the end of the
last war. This is a fine record,
but, as is usual in these cases,
you cannot rest on your laurels.
"The solution of Israel's econ-
omic problem may well lead to
a solution of her critical political
and security problem. A strong
economy is the foundation for
peace and stability."
The fact that Dr. Joseph J.
Schwartz, executive vice-pres-
ident of the United Jewish Ap-
peal, and Julian Freeman,
president of the Council of
Jewish Federations and Wel-
fare Funds, appeared as speak-
ers at the conference, was in-
terpreted as spelling a new act
of unity in American Jewry in

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support of bond sales. Dr.
Schwartz, who pointed out that
State of Israel Bonds and the
United Jewish Appeal are the
two principal channels of fi-
nancial aid for Israel, and that
both should receive intensified
support from American Jews,
stated:
"There should be no ques-
tion in the minds of anyone
about the efforts of the United
Jewish Appeal and the Israel
Bond Issue. Both are of vital
importance to the survival,
welfare and upbuilding of Is-
rael. Both require the intensi-
fied support of American Jews,
and of America's Jewish com-
munity."
Problem of Arab Hostility
Viewing the problem of Arab
hostility, Israel's Ambassador to
the United States, Abba Eban,
declared:
"The problem before us is not
the absence of peace—which we
are fully capable of enduring
indefinitely and with growing
strength until the Arab govern-
ments desire or merit peace with
Israel. The problem is the
growth of Arab hostility and the
human limits of our capacity to
avoid legitimate response. It is
to the growth of Arab hostility
rather than to the absence of
Arab - Israel peace that the
United Nations should apply its
available resources of influence
and action.
"Against this somber back-
ground of growing Arab hostility
and international inaction the
favorable developments are few;
but they should not be ignored.
Amongst them we should include
the strong reaffirmation by
many powerful governments of
their opposition to any acts
based on belligerency in the
Suez Canal, the Gulf of Aqaba or
any other waterways.
"Another important develop-
ment is the deep sympathy
which has been expressed by
enlightened- opinion in free
countries with Israel's warning
against the dispatch of arms to
Arab League states at this cli-
max of their hostility to Israel.
It seems inconceivable that the
idea of thus adding oil to Middle
Eastern bonfires could still be
seriously entertained in respon-
sible quarters, but the utmost
vigilance is still required and
the danger not yet finally dis-
pe_lled.
"Most important of all
against the developments which
console us in a perilous hour is
the strengthening of the frater-
nal links between Israel and the
Jewish communities of the
western world.
Form 'Guardians of Israel'
The formation of a new na-
tional organization to be known
as the "Guardians of Israel,"
consisting of Americans who are
rendering outstanding service to
the development of the State of
Israel, was announced by Julian
B. Venezky, chairman of the ex-
ecutive committee of the bond
organization.
Judge Louis E. Levinthal of
Philadelphia was chosen a na-
tional chairman of the new or-
ganization. Membership in the
"Guardians of Israel" is based
on the purchase a :,*1,000 in
Israel Development Bonds in
1954.
Judge Joseph Goldberg, of
Worcester, Mass., was announced
as national chairman for Israel
bonds for the Zionist Organi-
zation of America.
Henry Morgenthau, Jr., former

DETROIT JEWISH NEWS-5
Friday, April 2, 1954

Secretary of the Treasury, was
named chairman of an inter-
national committee for Israel
bonds which was created to
stimulate the sale of Israel
bonds overseas. Mr. Morgen-
thau, who was chairman of
the board of governors of the
first Israel bond issue, has
shifted to the international
committee to help assure the
most effective launching of the
new Development Solid cam-
paign in Western Europe and
other parts of the free world.
Among the officers who will
continue in their present posts
are Rudolf G. sonneborn, presi-
dent 'of the Bond Organization,
Julian B. Venezky, chairman of
the executive committee, and
Henry Montor, chief executive
officer.

Philip Klutznick, president of
Bnai Brith, announcing a deci-
sion of his organization to un-
dertake $7,500,000 in bond sales,
emphasized that the Arabs' "one
hope" lies in the possibility that
the friends of Israel might aban-
don it "in its superb struggle to
convert an austere and deficit
economy to a sound and livable
basis."
Dov Joseph, member of the
Israel Cabinet who arrived here
to address the conference, told
' the 900 delegates that the im-
pression prevailing in Israel is
that the United States is appeas-
ing the Arabs and thereby en-
couraging them "in their refusal
to make peace with Israel. "If

the attacks by Ar
over the Israel box
much longer, those
organized campaign
and looting may vrl
their acts," he warnea
In a major statement on
scan policy in the Near
Senator Herbert H. Lehi
described the Republican Adak
istration's policy of "impartiar-- N_
ity" in the Israel-Arab area as
as "empty dish." He called for
a "truly new look—for the ben-
efit of the entire area."
Rabbi Irving Miller, chairman
of the American Zionist Council
and president of the Zionist Or-
ganization of America, urged the
United States Government to is-
sue "a straightforward answer
with respect to its policy in the
Middle East."
Michigan Delegation
Peter Goldstein, of the Detroit
delegation, was host at a recep-
tion in honor of Senator Fer-
guson. Other Michigan delegates
included: Mrs. Goldstein, Mr.
and Mrs. Theodore Bargman,
Louis Berry, Mr. and Mrs. Joseph
Katchke, Mrs. Harry Kay, Mrs.
Rachel Kurtzman, Mr. and Mrs.
Benjamin Laikin, Mrs. Milton
Mahler, Max Osnos, Mrs. Morris
Pianka, Mrs. Julius Ring, David
Safran, Mrs. Rose Singer, Mr.
and Mrs. Phillip Stoliman, Zvi
Tomkiewicz, all at Detroit; Dr.
J. F. Juliar, Mt. Clemens; Louis
Kasle, Flint; Mrs. William Sur-
ath, Midland; Mrs. S. Franklin
Horowitz, Bay City.

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