12 THE DETROIT JEWISH NEWS Friday, March 28, 1986 NEWS `Private' Visit Allnet Communication Services, Inc. 26877 Northwestern Highway, Southfield, MI 48034 Continued from preceding page "I can't remember if Ma Bell owns the smoke, and AT&T owns the fire, or if it's the other way around, but I do know we can put the fire out." Lee Shlom Commercial or Residential to suit your needs of today Ask about TELETALK within 313 area code For Special Rates Leatrice (Lee) Shlom Bus. 354-7000 Home 661-4285 1986 CARAVANS! IN STOCK! EQUIPPED EVERY WHICH WAY! BRAND-NEW 1986 DODGE LUXURY EDITION ,,,,,,,,,,, • , Wood Grain or Two Tone 7 PASSENGER-AIR CONDITIONED INCLUDING LUXURY & TRAVEL PACKAGE • • • • • • • • AIR CONDITIONED SUNSCREEN GLASS AUTO TRANSMISSION DUAL REMOTE MIRRORS 20 GAL. TANK SPEED CONTROL TILT WHEEL ILLUM. VISOR MIRROR • POWER SEATS • POWER DOOR LOCKS • POWER WINDOWS • POWER STEERING • POWER BRAKES • LIGHT PACKAGE • GUAGE PACKAGE • INTERMITTANT WIPERS • • • • • • • • wages dropped an average of 25 to 30 percent." While unemployment never hit the 10 percent feared by some, it did reach 8% percent before dropping back to under 7 percent — still high by Israeli standards. Subsidies for food, fuel, transportation and other staples were slashed. Spending, especially in defense, was re- duced.. However, large cuts in government jobs, though an- nounced, were not implemented. Perhaps most important, Pack said, government deficits declined; printing more shekels to mask economic woes went out of fashion. And devaluation of those shekels already in circulation, while hard on the Israeli consumer, helped boost exports, a key feature in the recovery plan. All this impressed one par- ticular economist — Shultz himself. The Secretary took a close interest in Israel's eco- nomic reform from the start, asserting that financial sound- ness would contribute to Israel's strength as an ally. As Shultz told the Senate sub- committe, "I had something to do with hanging onto these funds [the supplemental aid]. This helped Israel face up to its problems and confront them in a way it might not have done otherwise. The problems aren't over yet but they are a long way toward that." Meanwhile, a new cloud has arisen in the form of a debt crisis facing several of Israel's "flag- ship" enterprises, including the Soleh Boneh construction giant, Zim Shipping Co., the high-tech leader Elscint and the Kupat Holim health fund. The His- tadrut union federation, Labor's political ally, is linked in some degree to all but Elscint. Rescu- ing these operations at a cost of $300 to $400 million and fully implementing the cabinet's new plan to pump $450 million into "growth" could jeopardize stablization efforts. Said Pack, "It's not obvious to me that inflation is really licked." He believes that Israel's economy will begin to grow soon without new policies to promote growth. The stabilization plan itself envisioned renewed expan- sion of exports as one key to recovery and "it takes a year to a year and a-half for companies to find potential export mark- ets." Pack said that if Israel's domestic demand is not stimu- lated too much, increased ex- ports will lead to growth, as planned. Some commentators have said that Israel's stabiliza- tion benefitted from good luck — the plunge in oil prices and drop in the value of the dollar. These made austerity less pain- ful than it would have been otherwise. But the embassy source argued that the program took hold before either of these changes and that the gains caused by cheaper petroleum have not yet worked their way through the Israeli economy. Much will depend, he added, on the new national wage con- tract to be negotiated between Histadrut and employers and on whether the new national bud- get will keep deficits under con- trol. In any case, Peres will be reminded next week that at least one American, an econom- ics professor from Stanford who also happens to be Secretary of State, will be watching closely. Eric Rozenman is assistant editor of Near East Report. Convent Planned At Auschwitz Paris (JTA) — The French Jewish Consistory has asked the Vatican to reconsider its decision to build a Carmelite convent on the site of the Auschwitz concen- tration camp. Consistory president Jean Paul Elkann enabled Cardinal Willebrand to ask him to intercede with the Pope on this issue. 7 PASSENGER SEATING DUAL POWER MIRRORS AM/FM STEREO ETR REAR DEFROSTER REAR WIPER DIGITAL CLOCK FULL SIZE SPARE CLOTH RECLINING SEATS 5 YR./50,000 MILE WARRANTY includes: Prep, Dest. Charges YOU PAY IN STOCK OR ORDER BUY WITH CONFIDENCE NO HIDDEN CHARGES NO NONSENSE GARRITY DODGE "The No Nonsense Dodge Dealer" 11500 Jos. Campau Exit 1-75 at Caniff 893-5247 893-1633 893-0825 J. Tylee Wilson, Chairman and Executive Officer of R.J. Reynolds Industries, Inc. (second from 1.), accepts the American Jewish Committee's first Louis E. Seidman Human Relations Award from Peter Strauss, President of the Seneco Company (second from r.), at a tribute dinner held recently in New York City. At far left is DinnetChairman Jay Martin, Chairman of the Board and Chief Executive Officer of Capital Cigar & Tobacco Co., Inc., and at far right, Theodore Ellenoff, Chairman of the Board of Governors of the,American Jewish Committee. Mr. Wilson was cited for his outstanding civic and educational activities at the dinner.