Israel Labor Troubles Seen Growing; High Taxes, Prices Anger Workers
TEL AVIV (JTA)—Israel
is facing an avalanche of
labor troubles a labor offi-
cial warned Sunday.
Eliezer Molk, secretary
general of the Haifa Labor
Council said dissatisfaction
was growing among indus-
trial workers as prices and
taxes continue to rise.
"It is no secret that an
embittered worker cannot
produce the same as a satis-
fied one," 'Molk said. He
noted that since the govern-
ment has levied higher taxes
on overtime and night shift
pay more employes are re-
fusing extra work.
Hillel Seidel, a coalition
MK wrote to Premier Yitzhak
Rabin urging him to con-
vene a joint meeting of labor,
management and the govern-
ment to tackle the mounting
economic problems. Seidel, a
member of the Independent
Liberal Party, proposed a
freeze of prices, wages, taxes
and private earnings for one
year to prevent the economic
situation from deteriorating
further.
The most serious aspect of
the problem is the continu-
ing rise in the prices of al-
most all commodities and
services. Price hikes occur
so rapidly that shoppers in
supermarkets often find three
different prices stamped on
goods. Further price rises
are expected on locally pro-
duced commodities since the
minister of commerce and
industry agreed to calculate
the latest wage increase in
the final price.
Taxes are becoming in-
creasingly burdensome and
the prospects are for more.
Senate Trade Bill With Russia Is Due
WASHINGTON (JTA) —
Sen. Russell Long (D., La),
chairman of the Senate fi-
nance committee, has told
President Gerald Ford that
he will present a trade bill
the President can sign, White
House Press Secretary
Jerald Horst disclosed Wed-
nesday. TerHorst said he
presumed that a trade bill
will be passed this year.
The foreign trade bill, with
the Jackson Amendment
pending, has been tied up for
months in the Senate finance
committee while senators
and the Nixon administration
tried to work out a compro-
mise on the Jackson mea-
sure. Long is one of the
sponsors of the Jackson
Amendment linking U.S.
trade benefits for Russia with
Soviet emigration policy.
Sen. Jacob K. Javits (R.,
N.Y.), a key figure in the
negotiations over the Jackson
Amendment, said Wednesday
that the Senate would not
agree to any trade bill that
did not take into considera-
tion the emigration rights of
Russian Jews. "There is no
bluffing. If it is not possible
to make a responsible, rea-
sonable agreement I am pre-
pared to face the fact that
'Arab Oil Nets Annual $100 Billion
60 Pct. Available for Investing'
WASHINGTON (JTA) —
U.S. Treasury Secretary Wil-
liam Simon said Monday that
Arab oil revenues are cur-
rently running at an annual
rate of $100 billion and that
Executives at CJF
Week-Long _ Institute
NEW YORK — Four of
American Jewry's top pro-
fessional communal leaders
will be among the guest
speakers at the week-long
Small Cities Executives In-
stitute of the Council of Jew-
ish Federations and Welfare
Funds to be held from August
21st, through August 28th, at
Greenfield Park, New York.
Philip Bernstein, CJF exe-
cutive vice-president, Irving
Bernstein, executive vice-
chairman of the National
United Jewish Appeal; Her-
bert Millman, executive vice-
chairman of the National
Jewish Welfare Board; and
Rabbi Irving Greenberg, pro-
fessor and chairman of the
department of Jewish studies
at the City College of the
City University of New York,
will be the special guest
speakers addressing 40 ex-
ecutives of U.S. and Cana-
dian Jewish Federations and
Welfare Funds who will de-
vote a full week of intensive
study to the current problems
facing the American Jewish
community in the fields of
social planning, welfare and
fund raising.
"Campaign 1975 . . . Cross-
road of Destiny" will set the
theme for the seven-day con-
ference in an address by the
top executive of the UJA,
Irving Bernstein. He will
speak at the Wednesday eve-
ning session (August 21).
ALL LOSERS
The fact is, war is better
at abolishing nations than na-
tions are at abolishing war.
we might not have a trade
bill this year," Javits told a
press conference.
Efforts to reach an accept-
able formula were to resume
Thursday when Secretary of
State Henry A. Kissinger was
to meet again with Senators
Jackson, Javits and Abraham
Ribicoff (D., Conn.).
WILLIAM SIMON
60 per cent of that was avail-
able for investment.
He made that remark in
the course of a report to the
Senate Foreign Relations
Committee on his recent trip
to the Middle East.
According to Simon, there
is "deep interest" on the
part of the oil producing na-
tions in special U.S. govern- -
ment securities.
He said that substantial
investments in such securi-
ties "would reduce our offi-
cial borrowing from domestic
sources and free resources
for lending abroad." But he
said that there was "no basis
for some of the extreme pro-
jections of investments ex-
ceeding the $1 trillion level
within a decade or so."
Simon said he found that
financial officials of the Arab
states intend to manage their
oil revenue in a conservative
and responsible manner."
Meanwhile, it was reported
in Washington that Egyptian
and American officials met
Tuesday at the Treasury to
consider ways to attract U.S.
8—Friday, August 16, 1974
investments in Egypt and to
sound out the feasibility of
Egypt's request for $750,000,-
000 in food grains from the
U.S.
Members of the American-
Egyptian Joint Commission
on Cooperation also were re-
liably reported to have dis-
cussed other economic prob-
lems while subgroups of the
commission also met to dis-
cuss reconstruction of the
Suez Canal, cultural ex-
changes, medical cooperation
and scientific affairs.
The food items Egypt is
seeking and a list of other
supplies including oils and
tallow, was submitted last
week to Agriculture Secre-
tary Earl Butz by Egyptian
Ambassador Ashraf Ghorbal.
A communique by former
President Anwar Sadat in
Cairo last June said the U.S.
would give priority to Egypt's
need for agricultural goods.
Last week, 19 American
construction and engineering
executives were in Egypt for
three days of talks on the
possibility of U.S. firms par-
ticipating in Egypt's develop-
ment and reconstruction pro-
gram.
It was announced in Cairo
that an American consortium
is considering participating
in a number of projects and
agreed in principle to work
on a proposal to carry out
Egypt's $700,000,000 petro-
chemical industry.
Meanwhile, Egyptian For-
eign Minister Igmail Fahmi
and Secretary of State Henry
A. Kissinger met here Tues-
day to discuss Middle East
political issues.
No details were available
concerning their talks. Fahmi
was due to meet Wednesday
with Ford and King Hussein
of Jordan is scheduled to
confer with Ford today.
The mayors of the three
largest cities — Tel Aviv,
Jerusalem and Haifa—have
formed a "club" to try to
solve the financial problems
besetting all municipalities.
Meanwhile, the business
sector is objecting vigorously
to a government plan to
freeze bank loans as a meas-
ure against inflation. Be-
cause of the liquidity crisis,
merchants and manufactur-
ers have been taking loans
at high interest rates in order
to keep their operations
going. The government wants
to freeze loans for a three-
month period.
Mark Moshevich, president
of the Manufacturers Asso-
ciation has warned the Fi-
nance Minister and the Gov-
ernor of the Bank of Israel
that Israeli industry would
collapse if the credit freeze
plan is approved.
Meanwhile t h e ongoing
strike by radio and televi-
sion technicians has forced
the managing committee of
the Israel Broadcasting Au-
thority to take the unprece
dented step of reducing both
the number of daily broad-
casts and the number of em-
ployes.
The reduction in radio
broadcasting was understood
to include cutbacks of hourly
news and the elimination of
Saturday morning programs.
-Television broadcasts have
been going off the air earlier
than usual since the strike
began several weeks ago.
Information Minister Aha-
ron Yariv said that he might
suggest to the government
that all radio and television
broadcasts be halted "for a
certain period of time" while
a thorough examination is
conducted into the working
relations with the broadcast-
ing authority.
I
Yitzhak Livini, director
general of the IBA, said the
core of the problem is the
absence of a common grad-
ing system for all the profes-
sions in the media. He
added, however, that most
of the employes oppose such
a grading. Yariv said that
this was a possible solution
but it required examination.
The technicians themselves
have indicated that they want
a grading system similar to
the one journalists got earl-
ier this year. Yariv stated
that submitting to this de-
mand would cost the govern-
ment some IL 300,000,000
more a year and would be
IF YOU TURN THE
UPSIDE DOWN YOU WON'T
FIND A FINER WINE THAN
contrary to present efforts to
curb inflation.
The IBA managing com-
mittee resolution recom-
mending reductions in broad-
casts and employes was
adopted unanimously but de-
tails of the proposed cuts
were not disclosed.
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