Beyond bloody hatred of past and present, the joy of recognition and the pain of neglect, 5753 will be most remembered for the rowing possibilities for Arab-Israeli understanding. PHIL JACOBS EDITOR AND ARTHUR J. MAGIDA SPECIAL TO THE JEWISH NEWS PEACE. • • 2 PLO Chairman Yassir Arafat arranges his headdress during a meeting with reporters in Alexandria, Egypt. Or at least the strongest pos- sibility of it since Israel's cre- ation 45 years ago. That's what the Jewish year of 5753 will be known for. Not for the increasing fear that Jewish "continuity" — the latest buzz- word for Jewish survival — is on the wane. Not for infighting among Lubavitch Chasidim that their rebbe, Menachem Schneerson, is, indeed, the Messiah. Not for the collapse of a cul- tural icon, Woody Allen, whose shenanigans with the adopted daughter of his girlfriend of 12 years, Mia Farrow, made one wonder whether decades of hav- ing some of New York's best psy- chotherapists only proved that Freud was full of bunk. Not for the April opening of the U.S. Holocaust Memorial Museum in Washington, a $169 million, 35,000-square-foot edi- fice that should bring the most scarlet of a blush to the face of any half-intelligent Holocaust denier. But instead the signal event for 5753 will be peace, the word CE OF HOPE