THE DETROIT JEWISH NEWS Israel Rejects Arab Peace Plan' (Continued from Page 20) mostly the resolutions which have been adopted by the international organiza- tions." He added, "But Fez lacks the mechanism of how to achieve its goals." The Egyptian president explained that the question now was, "Who is going to execute all the goals set in Fez and how? All that is men- tioned in the Fez state- ment is what every Arab wants to achieve. The point is how? So I think you could ask the Arab summit what mechanism and how it will work. It is not my business." Egypt, ousted from the Arab League because of its peace treaty with Israel, was not represented at Fez. Another reaction to the Fez communique came from Foreign Minister Fuad But- ros of Lebanon who said in Beirut that his government was disappointed by the failure of the Arab League summit to endorse in full a Lebanese government working paper for the with- drawal of all foreign forces from Lebanese territory. While the Fez com- munique ended the five- year mandate of Syria to police Lebanon with its forces and proposed that Be- irut and Damascus negotiate the withdrawal of the Syrian army, the Arab League leaders did not men- tion the continued presence of armed Palestinians in Lebanon. At the Senate Foreign Re- lations Committee hearing in Washington, Sen. Rudy Boschwitz (R-Minn.) said he found the Fez communique "negative" and one in which the Arab leaders "adopted the lowest common de- nominator." The committee also continued to discuss the Reagan plan. Chairman Charles Percy (R-Ill.) and Claiborne Pell (D-R.I.), the ranking Democrat on the committee, said they could not see how Pre- mier Menahem Begin could have been sur- prised by the President's call for a freeze on Jewish settlements. They noted that former Sen. Jacob Javits of New Stocks, Inflation on the Increase TEL AVIV (ZINS) — De- spite the military activity in Beirut, the share market maintained its bouyancy and, for the third consecu- tive week new yearly_ highs were established. Political and military news appears to have little negative effect on the stock market and the outlook is generally op- timistic. But Israel's inflation quickened in part because of the war in Lebanon, accord- ing to the Central Bureau of Statistics. The rate of infla- tion in the first seven months of 1982 was 130 per- cent in annual terms, com- pared to 100 percent in the same period in 1981. York, formerly a senior member of the Foreign Re- lations Committee and now a consultant to it, had recommended such a freeze several months ago and dis- cussed it with Begin when the Israeli Premier met with the committee last spring. Sen. Joseph Biden (D- Del.) said it would have been in the United States interest to have discussed the President's proposals with Begin before taking Friday, September 11, 1902 21 HAPPY NEW YEAR! A YEAR OF HEALTH, PEACE AND PROSPERITY TO ALL them to Jordan. Shultz said that all par- ties, including members of the Israeli govenrment, have agreed in the past that it was important to bring Jordan into the negotia- tions. He said the U.S., therefore, discussed the proposals first with Jordan. When King Hussein indi- cated he considered them "serious," they were pre- sented simultaneously to Israel and other Arab coun- tries. AETNA REALTY CO. ISAIAH SHAFIR, FAMILY AND STAFF Lathrup Village 26845 Southfield Rd. W. Bloomfield 5640 W. Maple 559-8333 828-4800 Plan to attend the annual Bar-Ilan University Dinner Honoring Dr. Leon Fill Join in supporting this great Israeli educational institution, unique in the Jewish world because it provides academic and professional excellence side-by-side with the eternal precepts of Judaism. DR. MARTIN HART DR. LEON FILL General Chairman NORMAN A. PAPPAS General Chairman Speaker Professor Emanuel Rackman, President of Bar-Ilan University Date: Wednesday, September 29, 1982 Place: Congregation Shaarey Zedek 6:00 pm Cocktails — 7:00 pm Dinner Subscription: $100 per person Honorary Chairmen Max M. Fisher Philip Slomovitz Paul Zuckerman Scholarship Chairman Education Chairman Arrangements Chairman- President, American Women for Bar-Ilan Allan J. Pearlman Paul Zlotoff Chairman, Faculty of Jewish Studies Salek Lessman Development Chairman, Faculty of Law Chairman, Department of Life Sciences Windsor Area Chairman Max Nosanchuk Endowment Chairman Richard F. Roth Dr. Harris Mainster American Board of Overseers David Hermelin Joseph H. Jackier Emery I. Klein Salek Lessman Robert H. Naftaly Irving Nusbaum Global Board of Trustees Global Board of Trustees- Vice President, American Board of Overseers Frieda & Max Stollman Sharon Hart Chairman, Business Administration Dr. Leon Fill Joseph H. Jackier Jacob Rosenthal Chairman, Honoree's Committee General William J. Weinstein Chairman, Global Board of Trustees Phillip Stollman For Information and Reservations Please Call 398 7 780 -