100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

September 25, 1959 - Image 8

Resource type:
Text
Publication:
The Detroit Jewish News, 1959-09-25

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

Israel's Finance Minister Meets with Detroiters

TEL AVIV — The harbor
and contracting company of
Solel Boneh, the affiliate of
the Histadrut, has handled dur-
ing its nine months as an in-
dependent operation $30,000,-
000 in work in _foreign coun-
tries and 13,000,000 pounds in
projects in Israel, officials re-
ported Wednesday.
Officials said that the com-
pany has become an important
factor in the international
construction market through
its experience. Several thou-
sand skilled workers, 75 fore-

.4)

z

ti

t4 0

LEVI ESHKOL, Israel's Finance Minister, met
with Michigan delegates to the National Ec-
onomic Conference for Israel Bonds, in Chi-
cago, last Saturday night. From the left: Joseph
Katchke, Louis Levitan, Mr. and Mrs. Philip

Helfman, Mrs. Rachel Kurtzman, Mrs. Katchke,
Mr. and Mrs. Philip Slomovitz, Eshkol, Mr.
and Mrs. Morris Barron and Mr. and Mrs.
Samuel Jacobson, of Saginaw.

* * *

2

Solel Boneh Emerging as Major Contractor

Rugs & Carpets
PERFECTLY
CLEANED!

. . . don't settle for less
than Leader Quality!
Loose rugs cleaned on
both sides in our mod-
em plant. Famous
Bigelow Karpet Kare
makes your wall - to-
w a 11 carpeting stay
cleaner, brighter long-
er. Also, Leader - Dri
method for wall-to-
w a 11. Workmanship
guaranteed—
Economical prices.
Mr The LEADER FAMILY
takes a PERSONAL INTEREST
in YOUR CARPET CLEANING

TY. 5-8400

Israel's Finance . Minister,
Levi Eshkol, in a major ad-
dress, pointed to the fact that
approximately $1,000,000,000
dollars would be needed in
the next five years to bring
Israel to a higher level of
industrial production and eco-
nomic stability, and that a
large share of this amount
would have to come from
Israel Bonds.
The five-year plan, Eshkol
said, visualizes an average in-
crease of ten percent per year
in industrial output, as well 'as
an increase of between 80,000
and 90,000 workers in the indus-
trial labor force. It is planned
to increase exports of goods and
services from $240,000,000 in
1958 to $570,000,000 at the end
of five years, so that Israel's
annual trade deficit will fall
from $335,000,000 to less than
$200,000,000. Industrial exports
alone are expected to rise from
$85,000,000 to $320,000,000 Per
year by 1965.
Mrs. Golda Meir, Israel's Min-
ister- for Foreign Affairs, called
upon the United Nations to as-
sure that Israel's ships and car-
goes have "exactly the same
rights and privileges in the
Suez Canal that all other states
and peoples have."
The conference outlined
plans• for a new campaign
program on a regional basis
to help achieve the increased
goals for the Israel Bond
drive. To head this effort
Julian B. Venezky, of Peoria,
outstanding American Jewish
communal leader, was named
national chairman for regions
of the Israel Bond drive.
The dinner session marked
the world premiere of a new
documentary film on Israel in
cinemascope and technicolor
written and produced by Leon
Uris, author of "Exodus." Uris
was present at the session to
introduce the film, which is en-
titled "Israel," and stars Ed-
ward G. Robinson. Robinson and
Uris made a special trip to Is-
rael to produce the film.
Ira Guilden, national cam-
paign chairman of the Israel
Bond Drive, said that this year
may very well set a record in
the sale of Israel Bonds.
Samuel Rothberg, of Pe-
oria, national chairman for
Trustees of the Israel Bond
drive, who presided at the
closing session, termed the
conference "a victory confer-
ence."
Lawrence G. Laskey of Bos-
ton, chairman of the national
executive committee of the Is-
rael Bond Organization, out-
lined the immediate objectives
of the development program.
This calls for the construction
of 30,000 housing units for re-
cent immigrants, and the ex-
pansion of every phase of the
country's economy.
Colonel Jacob M. Arvey, hon-
orary chairman of the Greater

Serving Detroit
Homes and Industry
for Over 45 Years

WA 3-3300

CORVAIR

*

Chicago committee for Israel
Bonds, presided at the Saturday
dinner session.
Max Bressler, of Chicago,
told the conference that the ex-
traordinary success of the Is-
rael Bond drive "has estab-
lished a partnership between
American Jews and the people
of Israel based on confidence in
Israel's capacity to make good."
Mrs. Joseph Cherner, chair-
man of the National Women's
Division, urged the delegates
"to be guided by memories of
past accomplishments and to
take renewed inspiration from
the National Economic Confer-
ence.'"
The delegates heard Dr. Y.
Foerder, chairman of the
Bank Leumi Le-Israel, Israel's
largest banking institution,
outline a program for the in-
vestment of $800,000,000 in
Israel's industry during the
next five_ years, to assure the
achievement of economic sta-
bility by 1965. Israel Bonds,
Dr. Foerder said, are an in-
dispensable source of invest-
ment canital for the purpose.
Leon H. Keyserling, leading
economist and former chairman
of the President's Council of
Economic Advisers, emphasized
the strategic role of American
economic aid to Israel through
Israel Bonds and other chan-
nels.
Israel's own "Atoms for
Peace" plan, which will even-
tually revolutionize her eco-
nomic life, was described at a
special luncheon held in con-
nection with the conference.
The report on Israel's plans
for the establishment of a nu-
clear station south of Tel Aviv
was outlined by Mrs. Ora
Schweitzer, information direc-
tor of Israel's Atomic Energy
Commission, in an address to
delegates at the luncheon spon-
sored by the National Women's
Division of the Israel Bond
drive.

JACOBSON

COAL & OIL CO.

Preview Showing

The car you've been waiting for. As
always, see me for the best deal .. .

$45,000,000 Sales in 90 Days Is Goal Announced
at 'Victory' Bond Conference in Chicago

By Special Correspondent of
The Jewish News
CHICAGO — An urgent re-
quest went forth from the Na-
tional Economic Conference for
Israel, sponsored by the State.
of Israel Bond Organization,
held here last week-end, for the
sale of at least $45,000,000 more
of Israel Bonds during the corn-
ing 90 days, to assure a $75,000,-
000 sale for 1959.
Dr. Joseph J. Schwartz made
the appeal to delegates from
scores of American Jewish com-
munities at the closing session
on Sunday. He expressed the
belief that nearly $10,000,000 in
Bonds will be sold during the
High Holy Days.
Dr. Schwartz especially was
gratified with the results to-
date, which indicated that,
since the launching of the
Israel Bond program in 1951,
the total of $400,209,300 has
been achieved. By exceeding
the $400,000,000 mark, Dr.
Schwartz said, as a result of
increased sales in 1959, there
is hope for even better
achievements in 1960.
Reporting for Detroit, Mrs.
Joseph Katchke said that an in-
crease of more than 30 per cent
in sales was recorded in her
community over 1958 and that
there are possibilities of selling
$1,000,000 worth of Bonds
in Detroit in 1959 — a'sum that
had not been attained since
1952. She brought to the con-
ference $100,000 in cash real-
ized in Bond sales in the past
few weeks.

men and technicians are su-
pervising construction projects
in seven countries, including
Turkey, Ghana and Nigeria.

HARRY ABRAM

SHORE CHEVROLET

12240 Jos. Compau

Immed. Delivery
on all models

I'm as near as your phone
Res. LI 8-4119
TW 1-0600

TORAH CENTER BNAI ISRAEL

High Holiday Services Will Be Held
At The

JEWISH COMMUNITY CENTER

15110 W. 10 Mile Road

Rabbi Israel Flam Will Officiate

For Information and Reservations

CALL: TE 4-8360 or EL 7-1286

Ticket Committee At Center
Sun. Morning, 9-12; Mon. thru Thurs., 7-9 p.m.



Public Officials Open
Hebrew Voice Series

Gov. Williams, Mayor Miriani
and David S. Tesher, Israeli
Cohsul General in Chicago, will
appear on the opening program
of the Hebrew Voice, first
regular Anglo-Hebrew radio
broadcast in Detroit.
Each of the dignitaries will
extend greetings to the com-
munity, as the program begins
its regular weekly Monday to
Thursday broadcast schedule at
7:30 p.m., this Thursday, over
WJLB (1400).
Time on the radio program
will be divided between English
and Hebrew, with the first
broadcast dedicated to the Rosh
Hashanah holiday. The initial
Hebrew lesson, a regular feature
of the series, also will be pre-
sented.
Raphael Cohen is directing
the Hebrew Voice program.

TEMPLE BETH EL

WOODWARD AT GLADSTONE

ANNOUNCES THAT

SUPPLEMENTARY
HIGH HOLY DAY
SERVICES

IN THE BROWN MEMORIAL CHAPEL
.
will be conducted by

Rabbi Sherwin T. Wine

and

Rabbi David A. Baylinson

. SERVICES WILL BE HELD:

FRIDAY, OCTOBER 2,. AT 7 P.M.
SATURDAY, OCTOBER 3; AT 10 A.M.
'SUNDAY, OCTOBER 11, AT 7 P.M.
MONDAY, OCTOBER 12, ALL DAY

Beginning at 10 A.M.

The Temple Office is open daily from
9:00 a.m. to 5:00 p.m.
and on Sundays from 9:00 a.m. to 12:00 noon

Back to Top

© 2021 Regents of the University of Michigan