NEWS

Call for Nominees for the 4th Annual

BERMAN AWARD

for Outstanding Professional Service

Cost Of Absorbing USSR
Olim Put At $60 Billion

created by Mandell and Madeleine Berman

g

notin
essi°

e far
era 1017

WI

Eligibility for Nomination:

o r771"
m °

All Jewish communal professionals
employed by Federation, its agen-
cies, or its beneficiaries, who have
been working in the Detroit Jewish
community a minimum of five years.

~ era riot
retici

arj

Criteria for Selection:

The recipient of the Berman Award must demonstrate the highest
professional standards in his/her chosen field. That professional
must have:
• made a contribution to the general good of the Jewish community
• demonstrated leadership and innovation to his/her profession
• applied creativity, dedication, knowledge and care to providing
services to the Jewish
community
Nomination Process:

[n:at % : ons

a

Submit nominations by letter to the
Selection Committee. Names of the
nominees shall remain confidential,
and they may be renominated in
subsequent years.

sen a ion

:

991 in

•

n junctiO.l
e

Send nominations, marked confiden-
tial, to Michael Berke at the Jewish
Welfare Federation, 163 Madison
Avenue, Detroit, MI 48226.

Jewish Welfare <
a eratio n::
vern ors

I

Pia- nopporks

BEST QUALITY
WOODEN PLAY
STRUCTURES

PIANO CONSULTATION • SALES • SERVICE •
• CONCERT RENTALS •

PETROF

AUGUST FORSTER

AUTER

NEWBORN

Give every
the advantage

Buy Now For A
Full Season
Of Healthy Play

'74 Dell Vidtwar41
Stlediel Soft

23225 WOODWARD • FERNDALE

MARCH
OF DIMES

Mon.-Sai. 10-5 • Friday 10.8

3947 W. 12 Mile Rd..* Berkley

543-3115

LADIES' FASHIONS
AT THEIR BEST

6919 Orchard Lake Road
W. Bloomfield • 855-5528

FRIDAY, APRIL 5, 1991

and government leaders who
gathered here March 10 and
11 for a conference organized
by the North American Jew-
ish Forum and the Center
for Foreign Policy Options.
The North American Jew-
ish Forum, which is a project
of the United Jewish Appeal
and the Charles Bronfman
Foundation, brings together
Israeli and Diaspora leaders
to exchange ideas and exper-
tise on a range of topics.

Of the $60 billion total
that will be required to
create the necessary housing
and jobs, about one-quarter
can be provided by the
Israeli government "if a
proper economic policy is
implemented," Dr. Ben-
Shahar said. The rest, $45
billion in capital in-
vestment, must be imported.
Some $25 billion of that
will be available through
private, institutional and
government channels, most-
ly from the U.S. government
and the United Jewish Ap-
peal.

The remaining $20 billion
must be raised from other
sources, which, according to
Dr. Ben-Shahar, will be a
very difficult task. "The (
massive mobilization of
resources can only be
achieved with the participa-
tion of worldwide Jewry at a
level hitherto unknown,"
agreed Richard Rosenbloom,
an economist at the Harvard
University School of Busi-
ness.
"Money must be mobilized
as business investments, not
philanthropy," he said, "not
to provide a dole for the
needy but to provide
employment for 500,000
people."

FREE DELIVERY

7_271g‘-i&Y

541-6334

94

New York (JTA) — In
order to create the housing
and jobs needed for the
estimated million Soviet
immigrants who are ex-
pected to settle in Israel by
1995, world Jewry must in-
vest $1.5 billion in Israeli
businesses each year over
and above what is raised
through philanthropy, ac-
cording to an Israeli
economist.
Between 1990 and 1994,
creation of housing for the
new immigrants and young
Israeli adults will cost $17.5
billion, and the creation of
new jobs will cost $42
billion, said Dr. Haim Ben-
Shahar, a professor of econ-
omics at Tel Aviv Univer-
sity.
In order to raise the capital
necessary to ensure the suc-
cessful absorption of the
Soviet olim, "the Jewish
people must come forward
and place at the disposal of
the Israeli economy, through
loans and equity, an addi-
tional sum of at least $1.5
billion per annum," he said.
The balance of the capital
can be obtained "only with
the U.S. government," he
said. While an increase in
the current $1.2 billion U.S.
economic assistance pro-
gram for Israel is unlikely,
commercial loans can be ob-
tained with U.S. govern-
ment guarantees.
Israel needs up to $3
billion in these guaranteed
loans each year, according to
Dr. Ben-Shahar, who said
they would be repaid with
future returns from the new
businesses.
Dr. Ben-Shahar shared
this information with 100
leading American and
Israeli economic, business

Munich Court Fines
Canadian Revisionist

Bonn (JTA) — Ernst
Zundel, a Holocaust revi-
sionist who resides in
Canada, was arrested in
Munich last month and has
been fined for incitement
against Jews and denying
the Holocaust.
Munich police confirmed
that he was charged with
several other illegal acts
under German law and fined
31,500 marks, the equivalent
of $18,500.
Mr. Zundel is in custody,
police said, though he is free

to leave the country upon
payment of the fine. He also
has the option of appeal.
He has been visiting Ger-
many and went to Munich
last week for an interna-
tional rally of neo-Nazi ac-
tivists outside the prestigious
German Museum.
The 5 2-year-old Mr.
Zundel, who is of German
origin, runs a printing busi-
ness in Toronto that grinds
out neo-Nazi tracts claiming
the Holocaust was a Jewish
hoax.

,/\