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Israel Granted World Bank Loan
WASHINGTON—An agreement
for a loan of $15,000,000 by the
World Bank to the Industrial De-
velopment Bank of Israel was sign-
ed this week by representatives of
the two institutions.
The funds will be utilized by the
Israel bank to lend money to in-
dustrial firms in that country for
the purchase of goods and services
vital to the development of Israel.
The loan agreement was signed
on behalf of the World Bank by
Burke Knapp, its vice president,
and on behalf of the Industrial De-
velopment Bank of Israel by Sam-
uel Rothberg and Abraham Dicken-
stein, members of its board. Roth-
`New Israel, New M.E.'
Topic of Farband Talk
by Albert Elazar
Albert Elazar, superintendent of
the United Hebrew Schools, will
speak on "A New
Israel and a New
Middle East," at
the Melave
ka of the Far-
band City Com-
mittee 8:30 p.m.
Saturday in the
Labor Zionist
Institute.
Elazar will an-,
alyze the situa-
tion and the out-
look for the near
future.
Pianist Bella
Goldberg will
conduct a musi-
Elazar
cal program of
Hebrew and Yiddish songs. Re-
freshments will be served. The
public is invited.
• • •
Registration is still open for two
adult course in Tora 7:30 p.m.
Tuesday by Aaron Kutnick and
Tanakh 10:30 a.m. Thursday by
Maurice Noble. For information,
write to Farband, care of Movsas
Goldoftas, 19161 Schaefer.
THE DETROIT JEWISH NEWS
Eban Will Get
Cardozo Award
berg is president of Capital for
Israel, Inc., which handles the sale
of IDBI stock in the United States,
and Dickenstein is president of
Tau Epsilon Rho Law Fraternity
AMPAL.
will present its Cardozo Award to
The loan was guaranteed by the Abba Eban, minister of Israel, at
government of Israel, and the its annual convention to be held
guarantee was signed on Israel's in Milwaukee Dec. 28 through Jan.
behalf by Ambassador Avraham 1.
Harman. This is the second loan
The presentation will be made
which the Industrial Development at a formal dinner dance on Dec
Bank has received from the World 30.
Bank; the first, in 1965, was for
The fraternity established the
$20,000,000.
Cardozo Award in 1939 to perpet-
uate the memory of the late Sup-
200 Arab Prisoners Freed reme Court Justice Benjamin F.
Cardozo. Among recipients of the
During Month of Ramadan award
were Adlai E. Stevenson and
TEL AVIV (JTA)--Two hundred President Harry S. Truman.
Arab prisoners from the Gaza Strip
Detroit lawyers who are national
and West Bank areas were being
released Monday as a result of a officers of the fraternity are Jack
Schon,
supreme chancellor; Ben-
special amnesty granted by the
military governors on the oc- jamin J. Safir, supreme editor; Al-
casion of the Moslem holy month bert E. Conn and Edward P. May,
of Ramadan, which began Satur- supreme associate editors.
day. The amnesty does not apply
to prisoners convicted of partici- Greek Monks Stopped
pation in acts of terror or sabotage,
or those known to be members of Front Fencing Road to
El Fatah and other terrorist
Mt. Zion Historic Sites
gangs.
JERUSALEM (JTA)—The High
Court of Justice has issued an in-
Israel Cabinet OKs
junction to stop Greek Orthodox
$2 Billion Draft Budget
monks from erecting a fence on
JERUSALEM (JTA)—The Cabi- Mt. Zion which would cut off the
net Monday approved a draft bud- main access route to Jewish holy
get for fiscal 1968-69 which is be- places on the historic site.
lieved to equal the current $2,000,-
The dispute was brought to the
000,000 budget, but contains a re- court after employes of the min-
duction of property taxes and ab- istry of religious affairs which has
rogation of the compulsory 18 per some of its offices on Mt. Zion,
cent loan for immigrant absorption forcibly stopped the monks. The
that all Israelis now pay in ad- fence would surround the com-
dition to their income tx.
pound which contains the Tomb of
The property tax cuts will apply David and the ministry offices.
to land and buildings. The budget
The Greek churchmen contend
will be introduced in the Knesset that Jews should use an alternate
on Jan. 1.
route to Mt. Zion through the Zion
Gate and East Jerusalem. This en-
trance had been used prior to 1948
JWB Moves Offices
The National Jewish Welfare but was part of No-Man's-Land
during
the intervening years of
Board has moved to its new offices
at 15 E. 26th St., New York, N.Y., Jordanian occupation until the
Six-Day War.
10010.
Friday, December 8, 1967-33
E. Baker-Willard Smith Join Advertising Agencies
Two Detroit advertising men who Smith, Inc., and has offices down-
have known each other for 15 town at 1750 Buhl Building.
years — each of whom heads an In making the announcement,
Baker said that he and Smith have,
in effect, been operating their
Prof. Norris Elected
companies as a single agency for
to Governing Council of nine months. Considered unique in
the business, the trial merger ar-
National AJCongress
rangement has given the principals
Harold Norris, professor of law ample opportunity to test the con-
at the Detroit College of Law, has solidation before actually making
been elected to the national gov- it official.
erning council of the American
The merged agency will have a
Jewish Congress, according to total of 32 clients with gross bill-
Rabbi Leon Fram, honorary presi-: ings of $2,500,000 with fees ad-
dent of the AJCongress Michigan justed.
Council and member of the na-
tional body. Prof. Norris was
A slander is like a hornet; if
nominated by Rabbi Arthur Lely- you cannot kill it dead the first
veld, national president of the blow, better not strike it.
American Jewish Congress.
— H. W. Shaw
Currently vice president of the
Michigan Council, Prof. Norris has
Classified Ads Get Quick Results
long been active in the human
rights organizations.
Rabbi Fram also announced that
Mrs. George Rubin, president of
the Michigan Council, and Frank
Now Booking -
Rosenbaum have beengesignated
members of the national conven-
tion committee. The convention
will be held in Miami May 14-19.
and His Orchestra
advertising and public relations
Good Music
company bearing his name — have
for All Occasions
consolidated their operations in a
merger, effective Dec. 1.
LI 4-9278
The new agency is named Baker-_
BY POPULAR DEMAND !
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ED BURG
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Norman Allan& Cm
17540 WYOMING • TEL. 341-1330 • THUR., FRI. TIL 9.
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