20 .Novembor 28, 1975
•
•
•-
•
•
•
•
•
•
•
•
•
•
•
.
MOVING?
THE DETROIT JEWISH NEWS
ZOA Clarifies Mistaken Report
NEW YORK (JTA) — The
Zionist Organization of
HOUSEHOLD SALES : America clarified a previous
IN YOUR HOME : report in which the ZOA
created the erroneous im-
ESTATES LIQUIDATED
pression that Philip M.
MARION GASPAS
Klutznick, chairman of the
626-8402 •
5
626-679-
_
governing board of the
• World Jewish Congress, ad-
IRENE EAGLE
626-4769 626-8907
• •••• _ dressed the _concluding ses-
BEST WISHES
FOR A
HAPPY
HANUKA
.
To All Our Friends ti Patrons
•
t gra S
t a
Established 1924
NORTHLAND
CENTER
.
Over 45 Years
Of
Moving Experience
POTTER
MOVING & STORAGE CO.
NUMBER
ALLIED VAN LINE
AGENT IN MICHIGAN
1300 N. Campbell
2253 Cole
ROYAL OAK
541-3310
BIRMINGHAM
644-4612
ALLIED VAN LINES
sion of the recent 78th ZOA
national convention in Chi-
cago.
The convention took place
Oct. 2-5. The ZOA clarifica-
tion was in connection with
remarks attributed to
Klutznick concerning the
Conference of Presidents of
Major American Jewish
Organizations.
Actually, the ZOA state-
ment of clarification said
Klutznick was not even
present at the concluding
session Oct. 5, at which time
he was already in Israel. He -
addressed the convention on
Oct. 3, when he and Jacques
Torczyner, a past president
of the ZOA, participated in
a symposium on the subject:
"Should American Jews In-
tervene in Israeli Affairs?"
Furthermore, the ZOA
statement of "clarification
continued, Klutznick was
misquoted in remarks he
made in the course of the
symposium regarding the
Conference of Presidents.
While he did mention that
"it was not good for Israel to
have a benign Jewish com-
munity in the United
States," and while he advo-
cated a more independent
stance of American Jewry
on issues concerning Israel,
he did not sugge-st in any
way that the Conference of
Presidents should be dis=
banded or replaced.
Redress Sought
for Displaced Jews
Israeli Pound Devalued 1.5 Pct.
JERUSALEM (JTA) —
Government officials said
Tuesday that the latest de-
valuation of the pound will
not set off a new round of
price hikes for food and pub-
lic transportation. But price
stability is expected to be
short lived because of
planned massive cuts in the
government's subsidies of!
basic food , products and
transportation.
The pound was reduced
by 1.5 percent Monday and
now stands at IL 7.10 = one
dollar.
It was the fourth Tnstance
this year of the so called
"creeping devaluation"
which permits the govern-
ment to depreciate the
pround by up to two percent
every 30 days if necessary.
On Sept. 28 the pound
was devalued by 10 per-
cent in an effort to con-
serve the nation's dwin-
Israel Bonds Set
1,050 Meetings
NEW YORK (JTA) — A
record number of 1,050 Is-
rael Bond sales meetings
will be held throughout the
United States and Canada
during the closing six weeks
of the year, announced Mi-
chael Arnon, president of
the Israel Bond Organiza-
tion, at a meeting Nov. 20 of
the national champaign cab-
inet and community chair-
men in New York.
dling foreign currency
reserves and stimulate
exports.
There was no massive run
on the banks or wide-spread
hoarding at that time be-
cause the prices of basic
commodities and services
were held firm by govern-
ment subsidies.
But the Cabinet is shortly
due to consider recommen-
dations by the Ministeral
Economic Committee for an
IL 1.5 billion cut in the gov-
ernment's present IL 4 bil-
lion subsidy program.
The uneasy feeling cloud-
ing the economic sector has
driven the local currency to
a new low on the black mar-
ket exchange.
Last week they were pay-
ing between 9.95 and 10
pounds for each dollar,
while the official rate of ex-
change was IL 7.00 = $1.00.
Only a year ago the pound
was selling on the black
market at 4.70 compared to
an official rate of exchange
4 4.20.
Since the establishment
of the state of Israel in the
year 1948 the value of the
Israeli •pound dropped
from IL 1 =. US $2.80 to IL
1 = US $0.14. This means
that the Israeli pound is
Charles Dennis
Manager
Also serving this area:
special representatives
Irving Lober
Representative
Jack Lebowitz
Representative
Howard Stern, and Frank Blazofsky.
414
1600 N. WOODWARD • BIRMINGHAM, MICHIGAN • 48012
Stuart Milgrom .
Representative
Nate Baker
Representative
Raider-Dennis Agency, 171 17 W. Nine Mile, Suite 333, Southfield
PHONE 559-2250
By Loading American
and Europoon Artists
Jr Featuring Original Graphics By
sr
_,
1 11. r -
Norman Rockwell
and LeRoy Neiman
J
4
:
Jr
__,
.ar
Open 7 Days Weekly
Northland and Eastland Center *
all dee& ,i/detee4 aged
a qamy qagulea
USE OUR GREAT IDEAS
FOR GIFTS
Radon
Park Clothing
TUXEDO RENTAL .
CLOTHIERS AND MEN'S WEAR
22141 COOLIDGE
OAK PARK, MICH. 48237
541-7116
NEW LIVONIA STORE
37205 SIX MILE ROAD
at Newburgh Road
NEWBURGH PLAZA
PHONE: 427-8970 or 72
—S7incere
(801 Taihei for a
—11appy.
/ I h
an,/
P eacelui _ilaunLa
JNF Forests
Yield Revenues
.
FROM OUR STAFF
BEN & MARK MORGANROTH
Professional Interior Designers
JERUSALEM — During
the present budgetary year,.
the Jewish National Fund is
expecting an income of
about $1.3 million from the
thinning of its forests.
A part of this wood will
go to JNF saw mills, a part
to pulp-processing factories,
and the remainder to agri-
culture for use as support
posts, primarily in banana
fields.
The 60,000 tons of wood is =
the output of some 40,000
dunams of forest thinning.
The thinning itself must be
undertaken for a number of
reasons such as clearing old
tree plots for regeneration;
for increased growth-yield
of remaining trees; and for
the blazing of new forest =—
roads.
'
■■■■
LIFE INSURANCE SOCIETY
3500 `Original
* Oil Paintings and Graphics*
Mr. & Mrs. Louis Levinson
Mr. & Mrs. Leo Rosenfeld
JERUSALEM (JTA) —
The occasion, which was
The - Knesset Foreign Af-
fairs and Defense Commit- marked as National Israel
tee said that Israel will de- Bond Cash Day, was ad-
mand full compensation for dressed by Israel's Ambas-
the property left behind by sador to the United Nations,
Jews from Arab countries Chaim Herzog; Sam Roth-
when they were forced to berg, general chairman of
emigrate after the estab- Israel Bonds; Arnon,
lishment of the state of Is- dent; and Sidney Cooper-
man, national cash chair-
rael in 1948.
A statement issued by the man, who discussed Israel's
committee said the compen- needs and the progress of
sation_ for Jewish property the Israel Bond campaign.
would have to be part of any
The national cash effort,
final peace settlement with which began on Nov. 2, will
the Arabs.
conclude Dec. 21 at an inter-
national dinner of tribute in
New York to Rothberg to be
addressed by Gold Meir.
The occasion, celebrating
Rothberg's 30 years of serv-
ice to Israel and the Jewish
people, will also mark the
25th anniversary of Israel
Bonds.
For you we wish: Work and reward,
Family love, Fraternal brotherhood,
Happiness today, Security for tomorrow,
Joy in sharing, Peace and good will.
Austin _*
galleries
*
**************
Holiday Wishes
Jordan Raider '
Manager
now worth exactly 1/20th
of its value in 1948.
Meanwhile, there are per-
sistent rumors that the gov
ernment has taken a secret
decision to exchange the ex-
isting Israel currency,
which is expressed in
prounds (Lirot), for Shekels
(Heb. Shekalim).
The intent, according to
informants, is to'accomplish
two aims: By exchanging
current bank notes, it will
be possible to expose "hot
money" on which no taxes
have been paid; and, sec-
ondly, it will be possible to
impose a one-time tax on
the exchange.
The government actually
employed this method in
1952 when it exchanged old
bank notes for new.
*************1.
JANET VERMIGLIO
Interior Designer
LIZ MITCHELL
Interior- Designer
ROZ WEISENBERG
Interior Designer
SANDRA ROSENMAN
Interior Designer
and LILLIAN FRIEDBERG
WOOD
FINE FURNITURE TO LIVE WITH
Tel-Twelve Mall, 28674 Telegraph Road
Southfield, Michigan 48075
354-9060 — 851-5619