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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

June 28, 1974 - Image 37

Resource type:
Text
Publication:
The Detroit Jewish News, 1974-06-28

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

French Jewry
Seen Fading

Men's Club Parley to Preview Volume

NEW Yattic — A new vol.-
Lime by Dr. Moshe Davis,
who heads the Institute of
Contemporary Jewry, He-
brew University of Jeru-
salem, will be unveiled at
the 45th annual convention of
the National Federation of
ewish Men's Clubs July 14-
18 at the Ambassador Hotel,
Los Angeles. The federation
is composed of 375 men's
clubs - ffiliated with Conser-

NEW YORK (JTA) — An
international leader of Se-
phardic Jewry warned that
"a great tragedy" is threat-
ening French Jewry because
of growing assimilation and
intermarriage on the part of
the more than 500,000 Jews
presently living in France.
In an interview with the
Jewish Telegraphic Agency
here, Rabbi Solomon Daviv
Sassoon, president of Poret
Yosef Yeshiva in Jerusalem
and director of the world-
wide -Ozar Hatorah system
of Sephardic schools, said
your party
that as a result of lack of
Jewish education, the inter-
By
This would be a life filled marriage rate in most Jewish
with contentment if one could communities in France is
limit his wants to •is needs. over 90 per cent.
"In a period of one gen-
eration we might witness the
Watch Repairing On Premises
vanishing of French Jewry,"
Call
Sassoon said.
CONTINENTAL Rabbi
According to the rabbi, out
Watch & Jewelry
of 110,000 Jewish children
in France, only 5,000 receive
210 S. Woodward
(in the Continental Mkt.)
Jewish education. He said
642-0423 Daily 9:30-6
(
... that in the last three years,
in his efforts to promote
Jewish education in France,
LIMITED OFFER
he has raised about $300,000
in the U. S. from concerned
individuals. Rabbi SassOon is
on a fund-raising tour in the
PROFESSIONAL DOG GROOMING
U. S.
$7-s9 MOST BREEDS
, 0
..
Akio
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Caricatures

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for

\Tame synagogues tnrougn-
out the U. S. and Canada.
"The Yom. Kippur War:
Israel and the Jewish
People," edited by Davis, is
a compilation of Israeli and
Diaspora seminar papers as
well as transcripts of the re-
actions of Jews throughout
the world to the events of
October 1973.
Davis, who is on leave until
1975 from his post as Stephen
S. Wise Professor of Ameri-
can Jewish History at He-
brew University, will auto-
graph copies of the book,
proceeds of which will go to
the Israeli Student-Soldier
Fund for educational pur-
poses.

sitivi FIELD

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Sinai Physician
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Dr. Piero P. Foa, chair-
man of research at Sinai
Hospital of Detroit, has been
awarded the American Medi-
cal Association's H e k to en
gold medal "for his outstand-
ing exhibit on 50 years of
research" into the role of
glucagon in the study of
therapy and diagnosis of
diabetes and hypoglycemia.
This is the second gold
medal that medical personnel
associated with Sinai Hos-
pital have received this year.
In April Dr. Norman
Rosenzweig, chairman of the
department of psychiatry, re-
ceived a gold medal from the
American Psychiatric Associ-
tion "for the department's
outstanding display" at the
National APA convention
held at Cobo Hall.

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NEW YORK—Despite con-
tinuing farewell parties in
his honor from the London
diplomatic corps, U.S. Am-
bassador Walter H. Annen-
berg has been asked by
Washington to retain his
post. Annenberg was named
ambassador in 1969.

EXPECT TOO MUCH
The main trouble with our
high speed living today is
that too many people want to
take three bases on a bunt.

Classifieds Get Quick Results

Egypt's Envoy to Britain Denies
Giving Order to Kill Israel POWs

Saad El-Shazly, Egypt's
ambassador to Britain, has
denied allegations that, as
chief of staff of the Egyptian
forces during the Yom Kip-
pur War he ordered his
troops to kill Israeli prison-
ers of war..
The letter was in response
to a query from Marcus
Shloimovitz of Lancashire,
England, who also referred
to complaints that El-Shazly
had been connected with
anti-Jewish fascist organiza-
tions while he was in Eng-
land as a military attache
from 1960 to 1963.
El-Shazly denied the latter
allegation in a Manchester
Guardian article, adding that
he was not anti-Semitic and
"How could I be when I am
Semitic myself?"
On the issue of orders to
his troops, El-Shazly re-
sponded to Shloimovitz:
"I am answering your
letter of May 14, 1974, simply
to set the record straight and
not because I feel under any
obligation to justify any of
my actions which were and
always will be motivated by
my duty to serve my coun-
try, whether in my capacity
as chief of staff of the
Egyptian Armed Forces or
Egypt's ambassador to Lon-
don.
"As a soldier, I would
never have stooped to order-
ing my troops to kill any
frisoners of war — Israeli or
otherwise. An act of this
kind would be totally against

THE DETROIT JEWISH NEWS
Friday, June 28, 1974-37

And some, detours aren't
my convictions. However, as even paved with good inten-
chief of staff, I instructed tions.
my men — so would any
other commander in my posi-
tion — to keep alert and be
on the lookout for any at-
tempt their enemy might
make to trick or trap them."

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Holocaust
Collection Due

NEW YORK — A special
collection of books, docu-
ments and other scholarly
materials pertaining to the
Holocaust has been founded
at the State University of
New York at Binghamton.
Named in memory of Mrs.
Moses (Belle) Margolis, a
Binghamton-area resident for
more than 50 years, the Belle
Margolis Library, Collection
will include standard works,
principally in English, de-
signed to support under-
graduate instruction in the
history of the Holocaust and
will also supplement re-
search materials in the uni-
versity's Judaic studies pro-
gram. Part of the collection
will consist of original source
materials in Russian and
Yiddish.
Meanwhile, three Brooklyn
Assemblymen announced
they intend to introduce a
bill at the next legislative
session in January that
would make the teaching of
the Holocaust mandatory in
all high school modern his-
tory courses.
The proposed legislation
resulted from a meeting on
the subject at the American
Jewish Congress headquar-
ters at which Dr. Seymour
P. Lachman, president of the
city's board of education,
urged the legislature to estab-
lish and finance summer
institutes for teacher training
on the Holocaust.

HIGH ROAD
So live that you can come
down from the heights—it's
much easier than trying to
climb out of the depths.

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QUESTIONS
AND
ANSWERS
ON
REAL
ESTATE

By MEL DURBIN, Realtor

Q. When comparing investing in stocks and real estate,
does the stock investor have an advantage because he can
buy his stocks on margin?

A. Buying stock on margin is like buying it on credit
Your equity in stock purchased on margin varies around
50%. The balance of the purchase price of the stock' is fi-
nanced by the 'brokerage which, in turn, charges you interest
on the money you use.

In real estate, the wise investor will always make good
use of mortgage financing. A good lending institution will
normally finance about 75% of an investment. This leaves
the investor with a 25% equity—half the amount required
by the stock exchange on margin accounts.

Q. What happens if green lumber is used in a house?

A. Green lumber contains a high percentage of moisture
and as its dries it shrinks, leaving large gaps between
boards. It may also 'split and warp. If moisture appears on
the surface when you drive a nail into it, it is - much too
green.

Q. How has the truth-in-lending law changed procedures
in the handling of a mortgage loan, or has it?

A. In the case of mortgage loans, it requires the lender
to present to the borrower a disclosure statement which
shows the annual percentage rate charged on the mortgage
loan to finance the purchase of property. A percentage
rate is not the same as the interest rate. It represents the
relationship of the total finance charge to the total amount
to be financed. Where points are involved, as with FHA
loans during tight money times, the annual percentage rate
will always be higher than the interest rate.

• Q. I am a veteran and bought my home several years
ago with a GI loan. I am now ready to sell it. Do I have to
sell it to someone who also qualifies for a GI loan?

A. No. A veteran may sell a home purchased with a VA-
backed loan to anyone, whether a veteran or non-veteran
without getting VA approval.

Q. I recently read that the United States has the highest
standard of housing in the world. In your opinion, is there
any one factor which has been mostly responsible for this?

A. In my opinion, our form of long-term mortgage loan,
the ability to borrow MOST of the purchase price of a home
with the home itself for collateral, has made possible in this
country, as you say, the highest standard of housing the
world has ever known. Millions of families live in their own
homes for ten to twenty years longer than would be possible
if they had to pay the full purchase price at one time.

Would you be living in your home if you had to pay
the total amount in cash?

If you need assistance in the real estate field, please
write or call Mel Durbin or any realtor. If your questions
are of a legal nature, please consult your family attorney.

Mr. Durbin is President of The Durbin Company, Real-
tors and a leading member of the Birmingham-Bloomfield
Board of Realtors, South Oakland County Board of Realtors
and Western Wayne-Oakland County Board of Realtors.

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