8 Friday, September 13, 1985 THE DETROIT JEWISH NEWS
Continued from Page 6
developed agricultural and
technological industries, in the
midst of defending itself against
hostile neighbors. The situation,
Modai said, "kept deteriorating.
• It came to a point where it won't
be controllable any longer."
When the National Unity
Government took over, Israel's
inflation rate topped 1,000 per-
cent. In July, a new economic
plan was put into force.
"The burden was and still is
very heavy," Modai said. He re-
ferred to the 40 percent of the
budget earmarked for meeting
external and internal debts,
adding that "Israel is meeting
the debts on the dot."
He said Israel still will face
hard times, but in relation to
wealthier countries suffering
setbacks Israel is making a
"successful beginning" by elect-
ing to do "self-surgery" on its
Modai said a big "transfusion"
came from the U.S. in the form
of $750 million in supplemental
Prior to coming to the bond
conference, Modai met with Vice
President George Bush, Secre-
tary of State George Shultz and
Secretary of the Treasury James
Modai said Shultz is in-
terested in political issues in Is-
rael and that the U.S. is making
a concerted effort to bring about
peace in the Mideast.
Modai said Israel also is in-
terested in bringing peace to the
area," provided the peace we ac-
complish will be there to stay."
In his meeting with Shultz,
Modai said he told the Secretary
that Israel will not deal with
any terrorist organizations, par-
ticularly the Palestine Libera-
tion Organization .headed by
Yassir Arafat. "Israel can't pos-
sibly risk the security."
Regarding arms sales to Saudi
Arabia and Jordan, Modai said
he couldn't see the logic in pro-
viding the same arms to those
countries that were going to Is-
rael. Eventually, he said, those
weapons will be turned against
"Israel objects to any supply of
arms to Israel's neighbors who
have not achieved peace with Is-
Sam Rothberg, international
chairman of Israel Bonds, com-
mended Modai for his economic
Concluding the evening's pro-
gram, Detroiter David Herme-
lin, national campaign chair-
man, lauded the delegates, add-
ing that the organization is on
the threshold of a new era. "The
Israel Bond Organization is
geared and ready as never be-
fore to commit to Israel."
DRAWING BY CHARLES GELFOND
CELEBRATE OUR HERITAGE
REJOICE IN OUR FREEDOM
REMEMBER THE PAST
Balfour Event Oct. 27
The New Year
An Opportunity to RedediCate Ourselves,
A Chance to Rekindle Our Spirits,
A Time to Renew Our Faith.
Let Us Work Together
To Build A Strong Community.
Best Wishes For A Healthy,
Happy, New Year. Your Friends At
Menachem Glaser, left, and Mrs. Ira G. Kaufman are congratulated
by Sherwin Tukel, president of Metro Detroit ZOA, upon being
presented with Balfour Celebration distinguished service awards.
Kfar Silver, the Zionist
Organization of America's edu-
cational campus near Ashkelon,
Israel, will be the beneficiary of
proceeds from this year's Bal-
four Concert slated for 7:30 p.m.
Oct. 27 at Ford Auditorium.
According to Sherwin Tukel,
president of the Metro Detroit
District, Zionist Organization of
America, sponsor of the concert,
the school was awarded the His-
tadrut Labor Federation prize as
an "outstanding school with em-
phasis on vocational and value
Mrs. Ira G. Kaufman, chair-
man of the Balfour Celebration
Women's Committee, said the
Kfar Silver 520-acre campus is
the site of six vocational and
academic schools and a youth
center which includes an Ameri-
can high school program for
tenth and 11th graders.
For tickets to the Balfour
Concert, call the Detroit ZOA