Friday, October 4, 1985 5
THE DETROIT JEWISH NEWS
SPITZER'S
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FIND IT
LETTERS
L
BORE
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A moving
experience
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A Solution For
Egypt's Plight
The International Monetary
Fund has warned Egypt that its
balance of payments position is
facing seribus deterioration. Her
foreign debt is over $31 billion
(plus $3 billion she owes to Rus-
sia.)
Her economic plight prevails
despite profits from: the Sinai
oil and other assets taken from
Israel; tolls from Suez Canal;
pay sent in by thousands of
Egyptians working in foreign
countries; exports of oil, cotton,
etc. tourism.
Consider Egypt's excessive
military purchases (guns — not
butter, a policy which might set
off food riots again); the notori-
ous inefficiency and corruption
of officials; the 80 percent illit-
eracy; the refusal to cope
adequately with a population
explosion.
As for the boycott by hostile
Arab countries, the effects
would be minimal if Egypt ful-
filled the Camp David accords
which prescribed trade and
tourism with Israel. Moreover,
the skills of Israel scientists and
technicians could radically' im-
prove Egypt's economy. But
Egypt kowtows to Israel's
enemies who hamper her by
threats of serious harm if she
ignores demands to stop dealing
with Israel.
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GRANT
LOUIS L. SILVERFARB
AND
Sunday Evening, October the Thirteenth
Congregation Adat Shalom
29901 Middlebelt Road
(ARM! M. SLOMOVI1Z
Dinner Chairman
DAVID B. HERMEUN IRVING NUSBAUM
Associate Chairmen
WILLIAM M. DAVIDSON
PAUL BORMAN
MIKE MUST
DAVID HANDLEMAN
MRS. MORRIS L SCHAVER PHIUP SLOMOVITZ
PAUL ZUOCERMAN
MYRON S. STEINBERG
Austrian Policy
Vienna (JTA) — Austrian
Chancellor Dr. Fred Sinowatz
last week stressed the con-
tinuity of Austria's Middle East
policy, following a meeting with
the Saudi Arabian prince, Sal-
man Bin Abdul Aziz Al Saud.
Sinowatz said that relations
between Austria and Saudi
Arabia are friendly and ex-
tremely good. By continuity, the
chancellor' said he meant work-
ing towards peace in the region
and recognizing the rights of the
Palestinians.
New York A new charita-
ble' foundation has been inaugu-
rated in the United' States to
hoOst , economic, cultural and
_religious •rogramln-Haifii. — -
The organization, Haifa
Foundation North America, Inc.,
, is headquartered in New York
and-will function •independently
of •Haifa's government and I
sister foundation in Israel.
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MR. BERNARD EDELMAN
MR. AND MRS. FRED FERBER
MR. AND MRS. ALEXANDER KARP
DR. AND MRS. JEROME LECHNER
MR. . AND MRS. JOHN POLLAK
DR. AND MRS. NORMAN A. SEGAL
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DR. AND MRS. HAROLD A. MAXMEN
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MR. AND MRS. HARRY YOUNG
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