DETROIT'S HIGHEST RATES 12 MONTH CERTIFICATE OF DEPOSIT 9.40% Effective Annual Yield* Minimum Deposit of $500 *Compounded Quarterly Rates to change without notice This is a fixed rate account that is insured to $100,000 by the Federal Savings and Loan Insurance Cor- poration (FSLIC). Substantial Interest Penalty for early withdrawal from certificate accounts. FIRST SECURITY SAVINGS BANK FSB MAIN OFFICE 1760 Telegraph Rd. (Just South of Orchard Lake) BUM HOUSING OPPORTUNITY 34 PHONE 338.7700 352.7700 HOURS: MON.-THURS. 9:30-4:30 FRI. 9:30-6:00 FRIDAY, MARCH 10, 1989 MEMBER FSLIC Federal Savings & Loan Insurance Corp. Your Savings Insured to 6100.000 BACKGROUND Shamir's 'Peace Initiative' Holding Little That Is New HELEN DAVIS Foreign Correspondent W hat major new peace initiative will Prime Minister Yit- zhak Shamir unveil during his first encounter with the Bush administration in Washington next month? And what message will he delivered to the thousands of Jewish leaders whom he has summoned to Jerusalem for a meeting this month? By his own admission at the weekend, Shamir has not changed his mind on the key questions of talking with the Palestine Liberation Organization, of allowing the establishment of a Palesti- nian state or, indeed, of relin- quishing Israeli control over any part of the occupied West Bank and Gaza, Strip. Not surprisingly, he added that he would not, after all, be taking a "full-fledged peace initiative" to Washington (see box). In- stead, he will be proposing a series of steps which he believes could lead to an ac- commodation between Israel and the Palestinian in- habitants of the territories. According to Israeli sources this week, Shamir's major "concession" will be to agree to local government elections — the first since 1976 — at which the Palestinians of the West Bank and Gaza will be able to elect representatives who will then negotiate with the Israeli authorities for a large measure of self-rule, though not full independence. For its part, Israel will agree to withdraw its troops from large areas of the ter- ritories, particularly the densely populated Palesti- nian towns and villages, and allow the Palestinians to raise a police force strong enough to keep the peace. Along with a self-governing Palestinian authority and police force, Shamir will also permit the development of a Palestinian judiciary, which will allow Israel to dismantle its civilian administration and its military government. In exchange, Shamir is ex- pected to insist that Israel re- tains control of sensitive military locations in the ter- ritories as well as major arterial roads, allowing the army to maintain its early warning capability and offer- ing a degree of protection to Jewish settlers. The plan, however, does not address the two major issues in dispute between Israel and the Palestinians: ultimate sovereignty of the territories and the future status of Jerusalem. Shamir is expected to con- tend that, after more than a year of hostility and bloodsh- ed, such issues must take se- cond place to the confidence- building measures he is proposing. The Palestinians, he will argue, must prove that they are capable of both governing Yitzhak Shamir: Series of steps. themselves and living in peace with their Israeli neighbors • before such far- reaching subjects can be opened up for debate. In the meantime, Israel will be han- ding the Palestinians control over their destiny, with the exception of foreign affairs and defense. This proposition may sound fair and reasonable: Israel may indeed argue that, after decades of uninterrupted hostility, it is not yet ready to take major risks with its security. It is, after all, proposing a modus vivendi which will remove the immediate object of Palestinian rage — Israeli troops — from much of the landscape of the West Bank and Gaza Strip, while at the same time coming to within an ace of granting the Palesti- nian the dream of their own state. When all the hype has sub- sided, however, the Shamir peace proposals will emerge as nothing more than a careful repackaging of the 10-year-old Camp David autonomy plan — a plan that was flatly rejected then, as now, by the Palestinians. That does not necessarily mean it is all bad. Given the intractable nature of the dilemma, and the political constraints on both sides, it comes as close as anything else to a solution. Never- theless, while autonomy of- fers certain political advan- tages for both Israelis and Palestinians, it also carries risks for both. For Israel, the immediate advantages of autonomy are that it would create a. "separation of forces," defuse the tensions, reduce the potential for confrontation and allow the army to focus its attention on serious military threats from abroad rather than on the police duties that have consumed its time and energies since December 1987. In addition, the autonomy device would enable Shamir to resolve, albeit temporarily, the Palestinian problem without dealing with the PLO and, more important, without compromising his ideological purity by withdrawing from the biblically promised Land of Israel. The danger for Israel is that the autonomy plan might work too well; the Palesti- nians might get down to the serious business of running their own affairs, creating political institutions, an education system, a social framework and an economic infrastructure that would allow them to disengage from Israel. Under such circumstances, Jerusalem would have no cause for military or political intervention — and little justification for sending in the troops — if the Palesti- nians were to make a unilateral declaration of in- dependence, a declaration that would certainly win im- mediate and overwhelming international support. The Camp David Accords, signed by Menachem Begin and Anwar Sadat in 1978, allowed for sovereignty of the territories to be determined five years after the implemen- tation of autonomy. If the Palestinians had accepted-the Camp David formula then, say Israeli political observers, they would almost certainly have their own independent state today. However, even though Yassir Arafat has - since recognized Israel's right to ex- ist, at least some of the