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November 04, 1977 - Image 24

Resource type:
Text
Publication:
The Detroit Jewish News, 1977-11-04

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

I

24 Friday, November 4, 1977 THE DETROIT JEWISH NEWS

Some Concessions Seen to Ease Israel Economic Crisis

(Continued from Page 1)
Under the new economic
policy, Israeli citizens will
be allowed to hold unlimited
amounts of foreign currency
in Israeli banks. They will
also be permitted to keep up

Disco. Part)es by

BFI I

L

Dan Sandberg

353-6699 •

to $3,000 cash and another
$3,000 in personal accounts
in foreign banks. The 15 per-
cent surcharge that Israelis
have been paying for for-
eign currency to travel
abroad or to purchase
imports will be abolished.
But the costs of imports will
soar, stimulating Israelis. at
least in theory. to produce
at home more of the goods
they now buy abroad.
The immediate impact on
the average Israeli family
will be severe. Economists
estimated that they will lose.

eak fifae

Aereg

Mete

inclet

2

YES—to the Jewish National Fund

JNF land supports the whole Israel

economy — it grows food — on it stands

Israel's religious, educational and welfare

institutions. A bequest to the NJF is a

bequest to the entire Jewish people, link-

ing the name of the Testator with Israel

perpetuity.

about IL 1,000 per month in
buying power. According to
the economists, the average
family spent about IL 7,535
in September for necessi-
ties, including housing. In
January, 1978 they will have
to spend IL 8,500 for the
same goods and services.
A quarter of the family
budget goes for food. The
subsidy cuts announced on
Friday raised the prices of
basic foods by 15 percent
and food items not subject
to government price sup-
ports are expected to
increase in price by a
greater margin.
The Treasury did lift the
value-added tax on airline
and steamship tickets in
response to protests from
the International Air Trans-
port Association and the
local travel industry. It was
widely conceded that pay-
ment of the tax could be
evaded easily by most trav-
ellers simply by buying
their tickets abroad.
Tel Aviv had a general
strike yesterday when mass
meetings of workers were
held under Histadrut aus-
pices. Histadrut sick-fund

For information and ads ice

JERUSALEM
Israeli
officials and the rabbinate
paid tribute to the memory
of Belgium's chief rabbi,
Rabbi Hillel Medalie who
was brought here for burial.
Rabbi Medalie died Sept. 22
at age 60.
Louis Elliman of Detroit„
a cousin of the late Rabbi
Medalie, this week received



FOUNDATION FOR

JEWISH NATIONAL FUND

Greenfield Rd

Oak Park, Mich. 48237

968-0820

sition. The Democratic
Movement for Change.
which joined premier Men-
ahem Begin's coalition a
week ago. cast its 15 votes
in favor of the plan.

ISRAELI
CHASSIDIC
FESTIVAL
Sun., Nov.13,1977
JWV Bodzin Post 414
355-5765

CATERING

FOR ALL OCCASIONS

Seating Up to 400

Call Our Banquet Manager
682-4300

Shenandoah Country Club

RE-ELECT
Philip B. Peterson

Southfield City Councilman

"He has your interest at heart."

Israel, Belgium Pay Tribute
to Late Rabbi Hillel Medalie

in strict confidence lipid. to

22100

clinics were also 4on strike
country-wide and bakeries
struck Thursday night. El
Al ground maintenance
workers returned to their
jobs Wednesday after a 24-
hour stoppage but railroad
service between Haifa and
Tel Aviv was suspended
when workers walked off
the job,
Haifa port was paralyzed
for four hours Tuesday and
again Wednesday by work
stoppages.
Angry crowds outside the
Haifa industrial plants
shouted for Ehrlich to
resign and denounced him
as anti-labor. The few who
suggested that Ehrlich's
plan be given a chance were
shouted down and threat-
ened with physical violence.
The government won an
easy victory for its eco-
nomic plan in the Knesset
Monday night. After a pro-
longed debate the plan was
approved by a vote of 53-32.
Most of the 35 absentees
were out having coffee
when the vote was taken,
reflecting the government's
confidence and the dis-
organized state of the oppo-

CARS IMPORTED FRESH DAILY
FROM DETROIT.

Call us for our low-profit price
on the car you want to buy.

DETROIT ACITO BROKERS, INC.

26400 W.12 Mile Rd. at Northwestern Hwy. Southfield, Mi. 48034
Telephone (313) 358-2100

a report about the thou-
sands who paid honor to the
late chief rabbi in Antwerp.

_ Scores accompanied the
body to the airport in Brus-
sels, whence it was shipped
to Israel.

Thousands joined chief
Rabbi Shlomo Goren at
funeral services in Israel in
tribute to a man held highly
esteemed on the European
continent as well as in
Israel.

Wedding Artifacts
at Yeshiva Museum

NEW YORK — Yeshiva
University Museum has
opened a special exhibit on
Jewish wedding artifacts
featuring ketubot (marriage
contracts), wedding
dresses, wedding rings- and
wedding gifts through the
ages and from around the
world. According to the
museum, it is the most com-
prehensive collection ever
assembled on the theme.

Experienced in government
• Southfield councilman 16 years
• Oakland County Board of Supervisors
4 years
• Southfield Civil Service Commissioner
2 years

Experienced in community service

• Southfield Central Kiwanis Club
• Southfield Hockey Club -
• Southfield United Presbyterian Church
• Oakland Village Civic Association

ExperienCed in business

• Senior systems analyst.. Michigan Bell
Telephone Company
• Member, American Institute of
Parliamentarians

Southfield resident since 1955

Your voice in Southfield's
government for 16 years

VOTE FOR
PHILIP B. PETERSON

paid for by Peterson for Council Committee
2550.9 Stony Croft, Southfield. Mich.. J. Kennedy. Treasurer.

THESE SEVEN PEOPLE ARE FRIENDS OF OURS
PLEASE VOTE FOR THEM.

Jack
Kelley

Erma
Henderson

Anthony
Wierzbicki

Mary Ann
Mahaffey

Nicholas
Hood

David
Eberhard

William
Rogell

Paid for by a group of their old friends.

k

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