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December 12, 1975 - Image 8

Resource type:
Text
Publication:
The Detroit Jewish News, 1975-12-12

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

8 ▪ December 12,1975

THE DETROIT JEWISH NEWS

Morton Gives Boycott Materials to Congress



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(Continued from Page 1)

expose the documents. The
aide also said the principle
had been preserved that
Congress and not the exec-
utive branch is to deter-
mine what material it has
is to be released.

Morton will probably re-
main Secretary of Com-
merce until Feb. 1 instead of
at the end of this month be-
cause his - successor-desig-
nate Elliott Richardson, has
returned to London to corn-.

plete his commitments as
the U.S. Ambassador there.
Morton disclosed last
week that the Department'
of Commerce. has fined four
American companies $1,000
each for failing to report de-
mands by Arab countries to
comply with their boycott
against Israel.
The companies are Agip
U.S.A. Inc.; Inter-Equip-
ment Co.; and the National
Cash Register Co., all of
New York and Continental
Emsco Co. of Houston.

Meanwhile, the Ameri-
can Jewish Congress an-
nounced that it was
launching a nationwide
campaign to require major
U.S. corporations to tell
their shareholders
whether they are partici-
pating in the Arab boycott
of Israel or discriminating
against Jews.

Will Maslow, general
counsel of the AJCongress,
said at a press conference
that the organization was
invoking Security and Ex-
change Commission regula-
tions to seek information
about "anti-Israel and anti-
Jewish practices, if any" by
approximately 100 publicly-
owned American firms.
Maslow reported that the
AJCongress has purchased
stock in General Motors,

Hewlett-Packard, Interna-
tional Harvester and World
Airways — each of which
has been or will be re-
quested to include a resolu-
tion in the proxy statements
they distribute prior to their
annual stockholders' meet-
ings calling for "a full writ-
ten report to the sharehold-
ers . . . on the company's
policy toward compliance,
tacit- or overt, with the de-
mands of the Arab boycott."
Maslow said those partic-
ular companies were se-
lected as the first targets of
the campaign "because
each of them is seeking
business relationships
Arab countries and corpori-
tions, companies and indi-
viduals and may be involved
in illegal, restrictive and dis-
criminatory practices."

Jewish Quarter

Empty in Beirut

If you're not covered by an employer-sponsored
retirement plan, we've got one that could save
you a lot of money . . . and provide a tax shelter.

It's called an Individual Retirement
Account and it's been made possible
under a new federal law that allows
wage and salary earners to set aside up
to $1,500 or 15% of your annual wages
(whichever is less) of tax-free income
each year for their retirement.
The beautiful thing about a Liberty
State Bank & Trust Individual Retire-
ment Account is that it lets you save
tax-free income and also earn tax-free
interest on it. In fact, you don't pay any
income tax at all until you retire and
begin to withdraw the savings, and by
then you'll probably be in a considera-
bly lower tax bracket.

Liberty State Bank & Trust has sev-
eral savings plans to assist you in build-
ing your Individual Retirement Account.
For example, you could begin your IRA
by opening a Daily Interest Account for
as little as $25. Later, when you have
accumulated $1,000 or more, you could
transfer your funds to a long-term cer-
tificate account where you will earn
7 1/4% or 7 1/2% on your savings.
To find out more about how you
can provide yourself a tax shelter and
build a substantial personal retirement
fund in the process, stop in at any Lib-
erty State Bank & Trust Office, We'll be
happy to help put you on Easy Street.

Member F.D.I.C. with $40,000 insurance per account.

There's a Liberty State Bank & Trust Office In Your Neighborhood:

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Banking Hours: Monday Saturday 9:30-4:30 Friday 9:30-7:30
Other Offices: Clinton Township, Hamtramck `and Sterling Heights

a Except in Hamtramck

PARIS (JTA) — The_Bei-
rut Jewish quarter stands
empty and practically de-
serted. Foreign travelers
returning from Lebanon say
the Jews fled the former
-lively business center when
fighting reached their area.
Most of the houses were
damaged in the fighting,
shops were looted and sev-
eral inhabitants wounded.
These reports say one in-
habitant, an elderly Jew,
was killed by a sniper's bul-
let.
According to these re-
ports, the fighting reached
the quarter two weeks ago
only as the cease-fire was
practically enforced
throughout the .rest of the
city. Eye-witnesses say
Phalange commandos en-
tered the area -after being
chased out of their former
strongpoints. Within hours,
fighting broke out between
them and Moslem units.
Those caught in the actual
fighting could not leave the
area and sought refuge in
the synagogue building.
The Lebanese paper Al
Howadees reported that the
first to reach the synagogue
were members of the PLO,
sent "on the personal in-
structions of Yasir Arafat."
The paper said Arafat
wanted to show Lebanon
and the world that the

"Palestinians are not
against the Jews — on the
contrary."

Jewish organizations_in
Paris say they know of no
PLO units sent to protect
the refugees in Beirut syn-
agogue but confirm that on
Nov. 3 the PLO sent a
truckload of food and a
medical assistant to the
building.

Out of the city's former
1,700 Jewish inhabitants
not more than a couple of
hundred are left in Beirut
proper. Most, of these, ac-
cording to people in contact
with them, also plan to leave
Lebanon for good.

Before the recent fighting
broke out, some 4,000 Jews
were believed to•have re-
mained in Lebanon, most of
them in Beirut. Some 6,000
Jews left the country after
the Six-Day War in 1967 in
spite of Lebanese govern-
ment efforts to convince
them to remain.

The Lebanese press re-
ported at that time that
Minister of Interior Kamal
Jumblatt — a pro-Palesti-
nian — visited the Beirut
synagogue in the Wadi Abu
Jamil area and met Jewish
community leaders to try
and convince them that Le-
banon's Jews have nothing
to fear.

Peres to Address UJA Confab

NEW YORK — Shimon
Peres, Defense Minister of
the state of Israel will be the
guest of honor at the 1976
United Jewish Appeal Na-
tional Conference banquet
Saturday in New York.
The conference marks a
week designated by the UJA
as a period for American Je-
wry to demonstrate their
unity and strength on be-
half of freedom and liberty.
The theme of the confer-
ence is "Proclaim Liberty,"
the verse from Leviticus
which is inscribed on the
Liberty Bell — "Proclaim
liberty throughout the land
unto all the inhabitants
thereof."

Special festures of the
event include the presen-

tation of the first annual
UJA David Ben-Gurion
Award to author Elie
Wiesel, and a premiere
of a multi-media show
created for the UJA, ent'
tied- "Proclaim Liberty,
which portrays 200 years
of achievement and
growth of the American
Jewish community.

In addition .to Defense
Minister Peres, guest speak-
ers appearing at the confer-
ence include: Simcha Dinitz,
Israeli Ambassador to the
U.S.; Chaim Herzog, Israeli
Ambassador to the United
Nations; Leon Dulzin, act-
ing chairman and treasurer
of the Jewish Agency; and
Moshe Rivlin, director gen-
eral of the Jewish Agency.

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