THE DETROIT JEWISH NEWS

22—Friday, October 17, 1969

Israel Corporation Buys 50 Pct. of ZIM

WASHINGTON—The Israel Cor-:
poration Ltd. (TIC) announced that
negotiations have been concluded
for the purchase of 50 per cent of
the shares of ZIM Israel Naviga-
tion Co., Ltd.
Dr. Astorre Mayer. TIC chair-
man of the board, said ZIM's
share capital now will be increas-
ed from 74,000,000 pounds ($21,-
460.000) to 110,000.000 pounds ($31,- •
900.000).
Michael Tzur, managing director
of the Israel Corp., commented:
"172 units totalling $17,200,000 were
• already sold from the current
offering of $35,000,000 as listed in
the prospectus approved by the
Security and Exchange Commis-
sion on June 5, 1969."

In its meeting, the board of
directors also authorized Tzur to
proceed with negotiations for the
acquisition of stock in the Haifa
Refineries Ltd. and Haifa Chem-
icals Ltd.
ZIM. Israel's national merchant

marine corporation, owns 78 ships
and operates a fleet Bf over 140
vessels. These range from small
refrigerator ships to super-tankers.
Close to half of Israel's maritime
freight is carried by ZIM. a $200,-
000.1x)0 development plan is ear-
marked for the next five years.
The Israel Corp. Ltd. was formed
in Jerusalem Aug. 29, 1968. as a
public corporation with an auth-
orized capital of $100,000,000. Its
main purpose is to invest and op-
erate Israeli industrial and service

enterprises. The Israel Corporation
has a long list of internationally
known industrialists and business-
men among its shareholders and
directors.

W. Berlin Jewish Center
Celebrates 10th Year

Mrs. McKay Withdraws
Foot From Mouth, Says
Arab Center for 'Culture'

Israel Currency Reserves Dropped

JERUSALEM (JTA) — Israel's Bank of Israel said Tuesday. Ur-
foreign currency reserves, a con- gent corrrective measures were
of concern to the tiny required by the government, of-
LONDON (JTA)—Mrs. Margaret stant source
point in Sep- ficials said, but there was 120
McKay, controversial pro-Arab La- nation, dropped to a
tember that sonic economists con- indication that they would be
bor member of Parliament from
sider to be the danger level, the taken.
Clapham, has pledged that the new
The bank said that the treasury'S
Arab center she is opening in Lon-
reserves fell by another $25,000,000
don will be used for cultural and
last
month and now stand at $510,-
propaganda purposes and will be Brandeis Honorees
000,000. The reserves are now
closed to Arab commando groups. to Consider 'Revolution'
barely sufficient to finance three
Mrs. McKay. presently touring
WALTHAM, Mass.—One of the months' imports. Officials said that
the Arab countries to raise funds
largest gatherings of some of foreign currency reserve losses
for the Arab cause against Israel,
since April total $185,000,000 be-
had reportedly described her new America's most distinguished in- cause of increased military spend-
center as a "commando outpost." dividuals will be held Thursday at ing which now amounts to $3,000,-
That description aroused a storm the Hotel Pierre, New York City, 000 a day.
of protests here, especially in view when Brandeis University spon-
Israel is spending 21 per cent
of recent Arab terrorist bombings sors a dinner for all of its living of its gross national product on Its
of Israel and Jewish property in honorary degree recipients.
military budget—almost twice that
London and on the continent.
of its pre-June, 1967 defense bud-

WEST BERLIN (JTA)— The
local Jewish center celebrated its
10th anniversary with perform-
ances by Jewish and Israeli art-
ists that were televised over the
Berlin network. The event coin-
cided with the 50th anniversary
of Berlin's Tribune Theater and
was addressed by one of the
According to Daily Telegraph
original members of that troup,
correspondent John Bulloch, who
the German-Jewish actor, Fritz
talked to Mrs. McKay in Kuwait,
Kertner.
she said she had meant "truth
The Basheva dance company
commandos" whose weapons
from Tel Aviv received a warm
are words. Mrs. McKay claims
reception here at the start of its
to be an honorary member of
second European tour. The troup
El Fatah, the Palestinian guer- ,
is appearing here under the aus-
rilla organization.
pices of the Berliner Festwoche.
Bulloch said she told him that
They will perform in Scandinavia
and Portugal before returning to she was presented with an El
Fatah
badge and dagger when she
Israel, An Israeli flag flew over
the theater where they performed visited one of its encampments in
Jordan last year. "They made me
for five days.
an honorary commando," she re-'
portedly said, "but that does not
W. Germany Grants Israel mean they will be welcome at the
London center. I am dealing only
$35 Million for Projects
BONN (JTA) — West Germany with Arab governments, and no
agreed to grant Israel $35,000,000 unofficial organizations will be al-
for development projects this year. lowed."
Mrs. McKay's reported assertion
The same amount was granted in
1968 after the Bonn-Israel repara- that the cultural center as a com-
mando
outpost caused consterna-
tions agreement expired.
tion in Arab circles, especially the
Palestinian guerrilla organizations
which claim to know nothing of
the plan, London Times corre-
spondent Paul Martin reported
from Beirut.
According to Martin, Arab
spokesmen said the description was
a distortion of the center's real pur-
pose.

Of the 90 Brandeis honorary de-
gree recipients who will attend the
dinner, eight will participate in a
panel discussion on "The Uni-
versity and the New Revolution."
The eight are operatic-virtuoso
Marian Anderson; comp oser-con-
ductor Leonard Bernstein; scien-
tist-educator Detlev W. Bronk;
statesman-economist John Kenneth
Galbraith; former Health, Educa-
tion and Welfare Secretary John
W. Gardner; author-editor August
Heckscher; diplomat Madame Vi-
jaya Lakshmi Pandit; and U.S.
Ambassador to France R. Sargent
Shriver Jr.

TO SHOW MY APPRECIATION
I HAVE PICKED OUT
3 SPECIAL GROUPS
OF SUITS & SPORTCOATS

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DEMAND INSTANT ACTION!

695°
SUITS
795°
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95 & 110
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I& 3$

60 & 80
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4950 &5950

HARRY
THOMAS
Fine Clothes for Over 35 Years

15200 W. 7 MILE ROAD

5 Blocks East of Greenfield, Corner Sussex

Open Daily 9:30 to 6

Sunday 11-4

MICH. BANKARD — DINERS — SECURITY

dicate to end conditions they
claimed were, health hazards.

UN 4.8785

of hearing the

NEHAMA LIFSCHITZ

Of her first concert in this country, at Philharmonic Hall, New
York, Oct. 5, Robert Sherman wrote in the New York Times: "Her
communication is immediate, her musical message universal. Miss
Lifschitz is a Jew first, an actress second, a story-teller third,
singing is the medium in which she encases the soul and spirit of
her people."

of
Her Excellency GOLDA MEIR
Prime Minister of Israel
His Excellency
General ITZHAK RABIN
the Ambassador of Israel
Rant' Hirsch Presents. in Co-operation with
America-Israel Cultural Foundation

Under the Distinguished Patronage

Direct from U.S.S.R. and Israel Where She Was Received
With Stormy Enthusiasm.

FIRST TOUR IN THE FREE WORLD

THE SONGSTRESS

SOUL OF RUISSIAN' JEWRY

U.S. Fund Freeze Halts

NEW YORK (JTA) — The cur-
rent freeze on federal housing
funds has brought to an abrupt
halt Jewish-sponsored efforts to ar-
range for rehabilitation of a badly-
deteriorated apartment develop-
ment in suburban Hempstead in
which most of the residents are
Negro, an American Jewish Con-
gress official reported this week.
The 200-unit Wilkow Apartments
has been owned for the past five
years by a syndicate headed by a
non-practicing Brooklyn rabbi.
Stanley Greenberg. AJCongress
Long Island regional director. said
the effort began when members
intervened on behalf of a tenants
association at the apartments.
which was organized by the
NAACP to help the Negro families
in their fight to persuade the syn- '

Photographers

For Bar Mitzvahs

Most Noted Jewish Singer
of our time

Gives Aid in 'Affluent Age'

- LOS ANGELES (JTA) — The
problems of the Jewish family
with a standard of living based on
a stable income threatened by in-
flation have been cited by an offi-
cial of the Jewish Family Service
of Los Angeles as an example of
the type of modern problems with
which the agency is increasingly
dealing: Harry Rubenstein. JFS
assistant executive director, ex-
plained that the agency seeks to
meet such contemporary chal-
lenges by offering new services
and trying new methods to help
Jewish families solve these prob-
lems.
Other problems stem from the
sexual revolution, more leisure
and the "perplexing" youth cul-
ture. He said the problems of the
generation gap were more severe
than ever before and that the in-
dividual feeling the pinch most is
the middle aged person who "is
being squeezed in his relationships
with both his 'demanding' chil-
dren and his elderly parents." He
called this aspect of modern life
the "intergenerational generation
gap.•'

lutei 3 cupur

G

SHARE IN THE GREAT JOY

LUCKY SEVEN!

Seven Wonderful Years of Selling
The Finest of Nationally Adver-
tised Clothing At A Discount Level
At This Location.

get. The problem was discussed by
Mrs. Golda Meir, Israel's premiers,
when she conferred last month
with President Nixon in Wash-
ington. She asked for $1,000,000,000
in United States aid over a five-
year period to help stem the for-
eign currency drain.

Comes to Detroit
for ONE Concert Only

Wednesday, October 22, 8:20 p.m.
MASONIC AUDITORIUM

"A small figure, for the first time, stands on the stage in Israolv
A figure which sings songs, plain and wonderful — songs of the
Jewish people—songs of joy—songs of a people in whom burns • will
to live—songs of longing and songs or resistance."

IN A PROGRAM OF YIDDISH, HEBREW,
ENGLISH AND RUSSIAN SONGS

I

Tickets: $6.50, $5.50, $4.50, $3.50 at Masonic Audi-

torium, J. L. Hudson's, & Grinnell's.

DON'T WAIT !

pleasure of hearth,
For the spiritual
NEHAMA LIFSCHITZ, Order Tickets few
mediately.