THE DETROIT JEWISH NEWS We wish our family and friends a very healthy, happy and prosperous New Year MR. & MRS. JOE FRANK Wishing all our family and friends a year of health and happiness Wishing all. our family and friends a year of health and happiness RHODA & MARVIN PERLIN, ANDREW, STEVEN & MITCHELL nau3 Wishing all our family and friends a year of health and happiness MR. & MRS. HARRY SCHLOMPER Wishing all our family and friends a year of health and happiness DR. & MRS . SIDNEY O. S-IEGAN & FAMILY Iran-Iraq War Drops Oil Price' NEW YORK — Calling the Iran-Iraq war a "sword of Damocles hanging over the world oil markets," a noted economist predicted last week that the continu- ing conflict would lead to a weakening of Saudi Arabia's political clout, further cutbacks in oil prices, and a "strengthen- ing and lengthening" of the current oil glut. Dr. Eliyahu Kanovsky, who gained renown in world diplomatic and financial circles when he correctly foresaw both the oil glut and downslide in OPEC's power two years before either Washington or Wall Street did, made his predictions at a news conference spon- sored by the American Jewish Committee. Dr. Kanovsky noted that Iran's economy was improv- ing while Iraq's was deter- iorating. Although these two trends seemed to point in opposite directions, he said, they would both lead to the same result: growing pressure on the Arab oil- producing' countries to in- crease their oil production. This in turn, Dr. Kanovsky continued, would weaken the Saudis' ability to gain political power by threatening production cutbacks — while also weakening oil prices. "Since 1982 Iran has re- versed its oil policies and has undertaken an all-out drive to enhance oil exports and revenues. Its economy has been improving, and it is planning large invest- ments in the civilian economy while continuing to prosecute the war. This implies a growing need for oil revenues. "Iraq's financial situa- tion, on the other hand, has been steadily deteriorating. Because of the war its oil exports have dropped to one-fourth of their pre-war level while expenditures have risen to far higher levels, and it is increasingly dependent on financial aid, mainly from Saudi Arabia and Kuwait. "This is taking place while oil markets have been weakening, and Saudi and Kuwaiti oil revenues have declined sharply. The cost of helping to sustain Iraq adds to the financial strains on the Saudis and Kuwaitis, and this growing drain puts pressure an them to enhance oil exports. "Their fear of revolu- tionary Iran prevents them from curtailing aid to Iraq, and any attempt on their part to raise the volume of oil exports puts additional downward pressure on oil prices . . . "As for the world oil mar- kets, the Iran-Iraq war is like the Sword of Damocles, threatening further price cutbacks." Moreover, declared Prof. Kanovsky, "cessation of hostilities would lead to Iraq's greatly increasing its oil exports so as to reduce its . A Very Happy and Healthy New Year to All Our Friends and Family J. ABRAMSON CO., INC. A Very Happy and Healthy New Year to All Our Friends and Family RITA & JERRY NEFF, HOWARD & BETH, KEVIN & GAYLE 1111111111E51195W11111111 May the coming year be one filled with health, happiness and prosperity for all our friends and family. BOB & MAUREEN SHAPIRO, SANDY & MICHELLE Friday, September 9, 1983 103 Ringelblum Chronicle of Life in Warsaw Ghetto Displayed By SUSAN BIRNBAUM (Copyright 1983, JTA, Inc.) "At the time that we write you, 95 percent of Polish Jews have already perished With these words, Emanuel Ringelblum began his last letter, dated March 1, 1944, written to YIVO Institute for Jewish Research in New York. Within a week, Ringelblum was dead, shot by gestapo officers alongside his wife and 12-year-old son in the ruins of the Warsaw Ghetto, having been taken there from the bunkers where they were found hiding along with 35 others. Ringelblum, eminent scholar of Polish Jewry, paid the ultimate price for having dared to outlive the Nazi dragnet in what was once the largest Jewish community in Europe. And precisely becauseakof his courage to defy the most desperate situations, and to continue writing about them, the world is in posses- sion of the intimate details of life in the Warsaw Ghetto, and of its dying gasps. In keeping with the worldwide commemora- tive activities of the War- saw Uprising's 40th an- niversary, YIVO, has ex- tended its exhibit of Ringelblum's ongoing chronicle of daily life in the Warsaw Ghetto. The exhibit, which opened March 13, will run through Oct. 2. On display are excerpts from the diaries of Ringelblum and other Jews in hiding; reports on daily life, shootings, mass depor- tations; proclamations of food rationing and ration coupons; I.D. cards; graphs and charts of typhus cases and lists of the dead; short stories and poems, and ac- counts of the cultural life which continued through- out the Ghetto's existence; selected samples of the ap- proximately 50 journals and bulletins published within the Ghetto by the various political and religious movements active through the duration of the Ghetto, and moving photographs of the life and death of a vib- rant community. Among the documents on exhibit is a letter from workers in a tailor shop to Adam Czerniakow, chair- man of the Judenrat, the Jewish Council. A hand- written note appears on top of the typed letter, indicat- ing the letter had never been sent for fear of repris- als. (Czerniakow committed suicide when the Nazis gave him orders to administer the deportation of Jews from the Ghetto.) The material on view in New York is but a fraction of the extant documents. May the coming growing foreign debt, re- construct and develop its economy, and rebuild its armed forces. lamn inn MU'? to all our friends and relatives MR. & MRS. MEYER I. COOPER year be filled with health and happiness for all our family and friends DR. & MRS. HARRY H. STURMAN We wish our family and friends a very healthy, happy and prosperous New Year RAYMOND & ADELE GALPER & FAMILY Wishing all our family and friends a year of health and happiness Mt) Mom, The Pinsker Progressive Aid Society wishes all their members and family A Happy & Healthy New Year A Very Happy and Healthy New Year to All Our Friends and Family LYNDA & GARY OKUN A Very Happy and Healthy New Year to All Our Friends and Family LENORE & IRVING STOLLMAN 11111111571191M7111111 May the coming year be one filled with health, happiness and prosperity for all our friends and family. Emery, Natalie, Terri, Michel & Rob EMERY'S CREATIVE JEWELRY A