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November 02, 1962 - Image 20

Resource type:
Text
Publication:
The Detroit Jewish News, 1962-11-02

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

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THE DETROIT JEWISH NEWS

Friday, November 2, 1962

WJC Leaders Plan Senegal

V isit

--

Nazi

of

eilitiairs - tlirin"Minitb

WASHINGTON, (JTA)—The
State Department published cap-
tured German Foreign Ministry
documents revealing that the
Nazi Embassy in Washington

claimed that it maintained con-
tacts with Col. Charles A. Lind-
berg through a U.S. general
staff clique "which has the
greatest importance as a coun-
terweight against Jews."
Friends of Col. Lindberg, ac-
cording to the Nazi communica-
tion, asked the German Em-
bassy to have the Nazi press
stop praising Lindbergh because
it undermined his opposition to
the "interventionist" policies of
President Roosevelt.
On April 27, 1941, Nazi
Charge d' Affaires Hans Thom-
During his recent visit to the United States, President sen and Gen. Friedrich von
Leopold Senghor of Senegal received Dr. Maurice L. Perlzweig, Boetticher reported to Berlin,
Director of the International Affairs Department of the World conveying the request. Presi-
Jewish Congress. The WJC officer discussed with President dent Roosevelt had just de-
Senghor arrangements for a visit to Senegal early next year by nounced Lindberg's "America
Dr. Nahum Goldmann, President of the World Jewish Congress, First" agitation.
and other Congress leaders. With President Senghor, right, is
In a communication marked
Doudou Thiam, Foreign Minister of Senegal.
"most urgent and top secret,"

AMPAL Announces $50 Million
Israel Investments in 10 Years

NEW YORK, (JTA)—Invest-
ments totaling $50,000,000 will
be made in Israel in the next 10
years by AMPAL, the American
Israeli Corporation, it was an-
nounced here by Abraham Dic-
kenstein, president of the AM-
PAL group.
He made the announcement
at a meeting of 1,500 of the
group's more than 40,000 Amer-
ican investors. Another major
address at the meeting, detail-
ing the vast economic strides
made by Israel in the last de-
cade, was made by Pinchas Sa-
pir, Israel's Minister of Corn-
merce and Industry, who praised
the investor's group highly for
being "among the first to help
us financially."

The AMPAL president also
informed the investors, for the
first time, about formation of
Israfund, a diversified invest-
ment company which will invest
only in securities listed on the
Tel Aviv stock exchange. He
announced that the AMPAL
group would undertake a real
estate ownership venture in Is-
rael and that it has acquired a
large commercial building in
the center of Tel Aviv, housing
a supermarket.

AMPAL, which was estab-
lished in 1942 with total - as-
sets of $99,000, has formed a
number of additional subsidi-
aries and affiliates in the last
20 years, and now has total
resources exceeding $71,000,.
000, Dickenstein said. Since
the establishment of Israel in
1948, he said, the group has
sold securities worth over
$60,000,000, of which $40,000,-
000 was in debentures.

Sapir told the investors in
his address that Israel's finan-
cial position has changed so
much that, now, Israel will not
permit the acceptance of loans
for a period shorter than 10
years, "We don't need short-
term loans, he said, "and are
stopping them to avoid infla-
tion. "His office is now working
on a new plan for the extension
of industry, beyond the five-
year plan drawn up in 1959. In
spite of large, recent influxes of

chief of general staff that
"Lindberg represents the best
of the Americans, who are most
important for us now and in
the future. The contacts with
him are maintained through a
group in the general staff which

After 23 votes, including three
roll-calls, the social, humanitarian
and cultural committee of the
United Nations General Assem-
bly completed the text of a draft
international convention designed
to end the ancient practice of
child marriages ,M many parts
of the world.

and warmongers."

Israel's Textiles
About 15 percent of the in- -
dustrial establishments in Israel
are engaged in textile and cloth-
ing manufacture.

We take pride in supporting a good friend
and former schoolmate

NORMAN 0. STOCKMEYER

for

Secretary of State

Devoted to his family
and religious affilia-
tions — successful in
business — participant
in civic organizations
—active on educational
boards and commis-
sions — recognized for
his leadership by
Wayne -State Univer-
sity and the Univer-
sity of Michigan.
We Believe He Merits Your Vote

Marriage Convention Drafted

immigrants, he declared, Israel
is now enjoying full employ-
ment. The government, he de-
clared, hopes to complete its
Jordan River plan within the
next 12 to 18 months.

Dickenstein outlined a broad
program of Israeli invest-
ments during the next decade,
including the financing of in-
dustry, housing, shipping and
agriculture. To raise the $50,-
000,000, he said, the AMPAL
group would market common
stock securities and converti-
ble debentilre3 . of the Israel
Development Corporation, to-
taling $10,000,000 plus several
types of AMPAL debentures
amounting to $15,000,000.
Additionally, AMPAL will un-
dertake sever al long-term
financing - projects in new
housing construction in Is-
rael, amounting to $15,000,.
000.

the Nazis told the German For- has the greatest importance as
eign Ministry and the German a counterweight... against: . Jews

8velyn and alias glishow

TI E FOR A CHANGE

VOTE REPUBLICAN

Elect the Entire Romney Team !
All Preferred by the Civic Searchlight

GEORGE ROMNEY

GOVERNOR •

Recipient of Award by The Anti-Defamation League of Bnai Brith

CLARENCE REID
JAMES F. O'NEIL
AL BENTLEY

CONGRESS, 17th DISTRICT

CONGRESSMAN AT LARGE

NORMAN STOCKMEYER ROBERT DANHOF

Secretary of State

Attorney General

WILLIAM SEIDMAN

GLENN ALLEN

Treasurer

Auditor General

PATRICK J. McNALLY

STATE SENATOR, 18th DISTRICT

STATE REPRESENTATIVES

ANTHONY LICATA

MAURICE BARBOUR

10th District

EARL STEVENS

WM. P. HARRINGTON

12th District

"LIBERTY. IS THE RESULT OF ETERNAL VIGILANCE • • •
VOTE REPUBLICAN!!
VOTE TUESDAY, NOVEMBER 6th



This Advertisement by the 17th Republican District Committee. JACK J. KRA1ZMAN

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