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IsrAta.G0s51)11filliion ili'U;S:LoCans- for Financin t ve Housintr Construction
THE DETROIT JEWISH NEWS
Fridcry,lebr00% 18, 1972-11
WASHINGTON {A'_-- Israeli
The totaf, doits of - edmilairltekng :interest - rate o&-Yorjltatfer,
Amt.; Mbel remainder of the -current . fiscal
and American ofliCials Wednesday this project, including
the salaries home owners also will pay the year which ends June 30.
-
signed an agkettnent- guaranteeing
of AID employes and the contrac- AID guarantee fee of .5 per cent
Eye Doctors
The $300,000,000 figure was in-
private loans totaling. $50,000,000 tors, are paid from the fees charg-
Prescriptions Filled
to finance the construction -of ap- ed to the ultimate home owners in on the outstanding amount of the eluded in the authorization mea-
loan.
This
brings
the
total
interest
sure already adopted by both
proximately 11,000 homes for low- Israel.
paid to the U.S. investor and AID houses, and it was understood that
e -middle-income
r
il4sraeL
,
5 5)50.1
to 8 per cent.
there is no doubt -about that fund
I
cylinder
.thfi-cguaTantree
, contract
'In a ce E Y ous
PRESCRIPTION OPTICAL CO.
, y92VArt
to De-
being
available
for
Israel
once
the
This
is
the
first
loan
for
housing
ne&atiated
by
the
two
governments,
26001
Coolidge
543-3343
partmerit;,-'7fif 'goliernmental co-
made to Israel. The U.S. is the appropriation measure is adopted.
N
guarantees for the loans were the housing to be constructed with
only country which lends funds for
the
funds
must
be
within
Israel's
signed by Pinhas Sapir, Israel's
housing abroad in this manner.
borders
as
they
existed
before
the
minister of finance, and Dr. John
Six-Day War.
The guarantees for the loan re-
A. Hannah, administrator of the
SEE OR CALL
payments were arranged for AID
United States Agency for Inter- Beneficiaries of the housing
national Development (AID).
will be- mostly new immigrant by Stanley Baruch, the director of
that
agency's
office
of
housing
with
families, newly formed families
responsibility for this program in
Arab and other minority groups,
CARS TO BE DRIVEN
all countries. In the 10 years of its
and occupants of overcrowded or
To any state. Also drivers furnish-
operations,
the AID program has
substandard housing. The selling
ed to drive your car anywhere.
WILSON-CRISSMAN CADILLAC
guaranteed about $300,000,000 in
Legally insured and LC.C. licensed
price to a beneficiary of a dwell-
CALL BUS. MI 4-1930
RU. 642-6836
loans in 30 countries, providing
ing
under
this
program
must
not
1350 N. WOODWARD, BIRMINGHAM
DRIVEAWAY SERVICE
dwellings for approximately 60,000
exceed $16,000.
families. AID is authorized under
9970 Grand River
The loans are repayable to the the worldwide program to guaran-
Detroit, Mich. 48204
American lending institutions over tee loans totalling $780,000,000.
WE 1-0620-21,22
a period of 25 years at an annual
The loan to Israel is the largest
NEW CADILLAC ?
ANDY BLAU
in BIRM1 GHAM at
For the
Most Eelegant
Bar Mitzea
Suits in Town
Meanwhile, military sales credits
of up to $300,000,000 appeared as-
sured in the legislation for assis-
MIAMI (JTA)—Gov. George C.
Wallace of Alabama, campaigning
for the Democratic presidential
nomination, told a Jewish audience
here that he has Jewish kin.
Addressing 600 members of the
Hebrew Association of Greater
Miami, Wallace said he had a
Jewish uncle and a Jewish first
. IRV
SOL
PRINCETON MP
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• body shaped as you like it
• cuffs fitted to your wrist
RnainrssmrII
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Thurm1. ■ rrl TI P.M
executive custom shirt makers; inc.
He said that when he cam-
paigned for the presidency in 1968,
"the five Jews in the Alabama
legislature all campaigned for me."
KE 3-4310
• sleeves sized and tapered
• measurements recorded fur
easy reorder
From $10.50, min. order four
SHIRTS MADE IN OUR OWN LOCAL SHOP.
cousin.
The latest fashions for men 6 to 60
Judy Black
To try-on actual collars, to see which style is
best for you.
Choose from over 700 fabrics. incl. knits and
dacron blends.
Some of Gov. Wallace's
Best Relatives Are Jews
6 to 60.
Invite You
Ernest Drucker
tance to foreign countries for the
with the
Finest Fit
Slims and Huskies
Too!
PLUS all the latest
Fashions for men
The
YOUR
PERSONAL
SHIRTMAKERS
made thus far under the program
and was negotiated in 12 months,
the shortest time on record.
MERRILLWOOD MALL • MERRILL 8 S WOODWARD
BIRMINGHAM. MICHIGAN
ACROSS FROM BIRMINGHAM THEATRE
FOR APPOINTMENT PHONE 642 0460
me."
1972 MAXWELL HOUSE® COFFEE SWEEPSTAKES
*
Good
g
To The
Last
Drop!
\PARIS
WRAP. MCP
•
ROME
NEW YORK
K
CERTIFIED
KOSHER
Pan Am makes the going greater
every day to more European cities
than any other airline.
YOU'LL
JET
from New York to London, Paris or Rome. Then on to Israel via
connecting jet. Stop over privileges in many foreign countries.
ENTER AS OFTEN
AS YOU LIKE
NO PURCHASES
NECESSARY
OFFICIAL RULES
1. Use entry blank or write your name
clearly on a plain niece of paper 3" x 5".
j Mfg.?.
Maxwell House', is the registered trademark of General Foods
Win a trip for 2 to
Pa nAm 747
SET
ENTRY BLANKS
AT YOUR STORE
XWELL
HOUSE
41W1.1 1.
\LONDON
YOU'LL STAY ONE WEEK AT
HOTEL INTER! CONTINENTAL
one of Israel's
most exciting
new luxury hotels
Overlooks Old City.
must be mailed in a separate envelope.
and address
2. Enclose your entry with any of the following: The
Maxwell House symbol snipped from the plastic lid on
any can of Maxwell House Coffee. Or the inner seal from
any or of Instant Maxwell House. Or just the words
MAXWELL HOUSE printed in plain block letters on a plain
piece of paper 3^ x 5"
3. Mail to: MAXWELL HOUSE COFFEE, P.O. Box 4488
Grand Central Station
New Tort, New Tort 10017
4. You may enter as often as you wish, but each entry
5. All entries most be postmarked not later than mid-
night, April 7, 1972 and received not later than April
14. 1972.
6. Winner of prize described below will be selected by
blindfold drawing on April 17, 1972 and will be promptly
notified by mail. Prize Is transferrable but not redeem-
able for cash, and must be redeemed within one year of
above date.
7. The prize consists of 2 round trip fares from New
York to Israel via Pan American Airways with stopover
privileges In many European countries; room accommoda-
tions for two people for one week at the Hotel Inter.
jemsaten2
Continental Jerusalem. Transportation to New York and
other expenses not included.
8. Sweepstakes is open to all residents of the United
States except Idaho, Georgia and Washington, and
employees of General Foods Corporation, its subsidiaries,
advertising agencies, judging staff, and their families.
Missouri residents are required to send only their names
and addresses.
9. Any liability for federal, state and local taxes will be
the responsibility of the winner.
10. No purchase necessary.
11. Void where prohibited, taxed or restricted by law.