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January 11, 1957 - Image 24

Resource type:
Text
Publication:
The Detroit Jewish News, 1957-01-11

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

Fedayeen Perils Oil Dispute with Russia, Israel's Problems

(Continued from Page 1)
el Sheik, the former Egyptian
gun position which controlled
the entrance to the Gulf of
Aqaba. Fur t her withdrawals
were scheduled for discussion
between Israeli army and Unit-
ed Nations Emergency Forces
commanders.
The absence of any indication
of American understanding of
the seriousness of the fedayeen
attacks, is creating among the
people of Israel the same feel-
ing which prevailed before Is-
rael's entrance into Sinai, it was
reported in a JTA dispatch from
Jerusalem.
Israelis are beginning to feel
again that Israel must by her-
self assure the conditions of her
own security, particularly since
Egyptian circles have openly as-
sumed responsibility for the re-
newal and intensification of fe-
dayeen attacks.
There is almost universal Is-
raeli support for Premier David
Ben-Gurion's pledge to the
Knesset that under no circum-
stances would Israel permit the
return-of Egyptian forces to the
Gaza strip.

Israel Warns UN Fedayeen
Attacks Endanger Peace
Israel warned the United Na-
tions this week that the continu-
ing attacks inside Israel by
Egyptian-trained fedayeen com-
mandos "will have the most se-
rious implications for the peace
and security of the area" if they
are allowed to continue.
The warning was made in a
communication from Abba Eban,
head of Israel's delegation here,
to Secretary General Dag Ham-
marskjold. It was the third com-
munication on the subject writ-
ten by Mr. Eban. The others
were sent to Mr. Hammarskjold
on Dec. 3 and Dec. 18.
To support his charges, Mr.
Eban quoted Radio Cairo as
having boasted on Dec. 24:
"Arab governments are training
fedayeen and instructing them
in warfare which is neither for-
bidden nor shameful. The gov-
ernment of Egypt is organizing
fedayeen and instilling them
with readiness to fight. This too
is legitimate, this is an honor
for the government of Egypt,
Jordan, Syria and Lebanon and
other governments." Another
Radio Cairo broadcast quoted by
Mr. Eban had stated that, if
Israel prevented the use of the
Gaza area as a base for feday-
een, "there are many other
places which could be used for
that purpose."
"Israel," Mr. Eban wrote to
the UN chief, "is still awaiting
the receipt of assurances against
the renewal of Egyptian bellig-
erency by sea and by land. In
the light of the renewal of
fedayeen activities, the indis-
pensable character of such as-
surances become increasingly
mainfest." lie asked Mr. Ham-
marskjold' to circulate the con-
tents of the letter to all mem-
bers of the General Assembly.

Lodge Re-Affirms U.S. Interest
In Plight of Egyptian Jews
NEW YORK (JTA) — Ambas-
sador Henry Cabot Lodge, Jr.,
permanent United States repre-
sentative at the United Nations,
has reaffirmed the interest of
the United States in the plight
of the Jews in Egypt. In a letter
to Dr. Israel Goldstein, presi-
dent of the American Jewish
Congress, Ambassador Lodge
said he shared the concern of
the organization.
In his reply Ambassador
Lodge declared:
"A b n or m a 1 circumstances
arising from the hostilities there
have made complete reporting
of such events very difficult.
Nevertheless, the United States
Ambassador in Cairo has
brought to the attention of the
government of Egypt the deep
concern of the United States
government over the reports.
Pending further clarification of
the actual Situation with respect
to the treatment of Jews in
Egypt, the Department will keep
this matter under active surveil-
lance with a view to determin-
ing any further steps which

might be helpful in the circum-
stances."
Ambassador Lodge, called at-
tention to the fact that, on Dec.
21, the United States made a
statement "expressing its con-
cern from the rostrum of the
General Assembly, in order to
put us on record before the
world body as abhorring such
practices as have been alleged."

10,000 Jews Register
with Red Cross for
Emigration from Egypt
GENEVA (JTA) — More than
10,000 stateless Egyptian Jews
have registered for emigration
from Egypt at a • special Red
Cross section opened in the of-
fices of the rabbinate in Cairo,
according to H. A. Goodman,
chairman of the European exec-
utive of Agudat Israel.
The first boatload of these
Egyptian Jews will leave Alex-
andria soon for Europe, where
they will be given assistance by
Jewish organizations and by the
office of the United Nations
High Commissioner for Refu-
gees, Mr. Goodman stated.

Israeli Firms to File
Damage Suits Against USSR
JERUSALEM (JTA) — Isra-
eli oil companies that are part-
ners to this country's oil agree-
ment with the Soviet Union
plan to file damage claims
against Russia for abrogation of
the oil pact and interruption of

the flow of oil from Russia.
,
The agreement provides for
submitting claims to arbitration
by the Moscow Chambers of
Commerce Trade Court which
Israeli trade circles here say has
been fair in the past. These
sources said one Israeli arbitra-
tion • proceeding before that
court was adjudicated satisfac-
torily.
The return of Alexander Ab-
rarnov to his post as Soviet Am-
bassador to Israel was preceded
by an official denial in Pravda,
organ of the Soviet Communist
party, that Russia is planning
to renew oil deliveries which
were abruptly suspended after
Israel launched its Sinai cam-
paign. Moscow recalled Abra-
mov at the same time. Pravda
said the "slanderous and pro-
vocative" report was intended
"to cause trouble between Rus-
sia and the Arab states."
Pravda also denied reports
that Abramov, prior to his re-
turn to Israel, discussed resump-
tion of oil deliveries with
any authoritative government
leader. The USSR deliveries
provided 20 per cent of Israel's
needs.
The Israel government sent
Moscow a stiff note of protest
charging unilateral Soviet stop-
page of delivery of crude oil,
oil drilling equipment and pipe
damages the Israel economy.
Plans to resume and in-
tensify oil drillings halted

during the Sinai campaign
were approved at a meeting
of Minister of Development
Mordehai Bentov and repre-
sentatives of Israeli and for-
eign oil companies, in Jeru-
salem.
While Israeli firms had con-
tinued work during the military
campaign, many of the projects
of foreign companies were halt-
ed, principally because 'many
foreign oil experts and techni-
cians 1 e f t Israel during the
fighting.
The oil companies approved
Mr. Bentov's proposals to lend
experts to one another and to
rent unusual equipment so that
all drillings might be stepped
up.
Two more wells, numbered
Ten and Thirteen, were
brought i n the Heletz oil
field, Israel's only producing
field. With digging of wells
all through 1956, Heletz pro-
duction rose from 120 barrels
a day to 1,875 a day by year's
end. Current production of
crude oil is about five per
cent of the annual needs of
the domestic market.
Construction of a six-inch oil
pipeline from Haifa to Tel Aviv,
costing 2,000,000 Israeli pounds
($1,100,000) was scheduled to
start this week. The pipeline is
expected to bring to Tel Aviv
500,000 tons of refined pet-
roleum products annually.

Folk Schobts Start
New Term Enrollment

The United Jewish Folk
Schools, located in the new La-
bor Zionist Institute, 19161
Schaefer, announces that regis-
tration for the new semester is
now open for nursery and grade
school children.
The new term will commence
the end of January. A new be-
ginners class will be opened for
boys and girls, 7 to 8. There are
a few openings in the nursery
for children 31/2 to 5.
The school, operated. by train-
ed teachers, is using an easy
method of teaching Hebrew,
Bible, Jewish history, reading
and writing.
There is a Bar Mitzvah class
and boys are prepared for Bar
Mitzvah by a qualified teacher.
Transportation is provided if
required.
Parents are invited to visit
the new building and inspect
the classrooms and nursery. The
office is open daily from 10 a.m.
to 5 p.m. For additional infor-
mation call UN. 4-6319.

Ten Brandeis Students Enter
Medical and Dental Schools
Ten members of the graduat-
ing . class of 1957 at Brandeis
University already have been
accepted for admission to medi-
cal and dental schools, it was
announced by Joseph F. Kauff-
man, director of Student Ad-
ministration at the University.

NATIONAL BAN

OF DETROIT

STATEMENT OF CONDITION, DECEMBER 31, 1956

RESOURCES

Cash on Hand and Due from Other Banks • •
United States Government Securities .
. •
Other Securities
Loans:
Loans and Discounts
Real Estate Mortgages
Accrued Income and Other Resources



Bank Premises

Customers' Liability—Acceptances and Credits •

$ 417,375,487.10
698,873,563.19
147,527,816.33



$ 588,197,761.35
134,088,254.53









722,286,015.88
7,103,468.68
13,365,671.67
2,092,006.55
$2,008,624,029.40

LIABILITIES
Deposits:
$1,711,824,038.81
Commercial, Bank and Savings
88,410,709.85
United States Government .
54,017,753.34 $1,854,252,502.00
Other Public Funds
17,171,044.67
Accrued Eipenses and Other Liabilities
2,092,006.55
Acceptances and Letters of Credit . .
• • • •
Capital Funds:
$ 28,974,000.00
Common Stock ($10.00 par value)
• • •
I
90,000,000.00
.
....
S urplus .
16,134,476.18 135,108,476.11
Undivided Profits
$2,008,624,029.40
1

United States Government Securities carried at $179,856,881.30 In the foregoing statement are pledged to secure public depositsi

including deposits of $16,808,668.88 of the Treasurer, State of Michigan, and for other purposes required by law.

BOARD OF

Howard C. Baldwin
Henry T. Bodman
Robert J. Bowman
Prentiss M. Brown
John S. Coleman

Harlow H. Curtice
William M. Day
Charles T. Fisher
Charles T. Fisher, Jr.
John B. Ford

DIRECTORS

B. E. Hutchinson 'oak
Ben R. Marsh
Ralph T. McElvenny
John N. McLucas
W. Dean Robinson

Nate S. Shapero
R. Perry Shorts
Donald F. Valley
Ben E. Young

56 Neighborhood Offices serving Detroit and Suburbs

Member Federal Deposit Insurance Corporation

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