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P«C» 3S THE SOUTHERN ISRAELITE September 9, 1*77
No one-way street
TTfee Staff and Students of
the
Atlanta Hill^l-Fedemtion
Extend Sinceres't Wishes For A
Shona Torn
Israel ranks high
as customer of U.S
by Richard Yalta
NEW YORK - Washington's
financial ah) to Israel is far from
being a one-way street, all take decision-making processes. At
and no give. The but of the one level, American companies
matter is that while Israel has export to Israeli firms based on
received some 16 billion from regular commercial contracts.
Air-doa it has. in turn, im- At the other level, the Govern-
ported; goods and material from ment of the United States, being
the U.S. amounting to $16 informed through the banking
billion, and that this, in turn, system of the Israeli private
has supplied 160,000 jobs here payments goods imported from
winch support balf-a-million this country, credits the Israeli
“St*’ .. J' Government with the same
This was revealed at a trade amounts,
conference organised jointly by Lent disclosed that on a per
the Town of Hempstead on Long capita basis. Israel is the
Island, the New York State lJgest customer of goods from
Department of Commerce, and the United States, next only to
the American-Israel Cham her of
Commerce and Industry Inc. It Regarding the loans received
was attended by 370 business ex- by Israel over the years from the
ecutives from Long Island and U.S. Government, he said, they
^ vr State. have always been repaid in full
Norman Lent, a member of in time, compared with a lesser
the House of Representatives worldwide performance for the
revealed the number of same kind of U.S. loans to other
American workers who have governments,
benefited from Israeli imports, i n short, he said, the foreign
and said that the help received aid of the U.S. to countries like
by Israel from the U.S. in the Israel, which represents only one
framework of the Interna- percent of the U.S. Federal
tional Assistance Act of 1976 Budget, has a beneficial effect
wt ? .* tor America on the American economy,
and far from being a burden on uchs)
the economy here.
The Act, it was explained, sets ^ ^
as a condition for disbursement y . ' £3L...
of funds that recipient countries ■„ <jL
will purchase civilian goods for ' , ilk
the same amount of their loans
As for the trade between the
U.S. and Israel, an imaginative -
trade-off arrangement is at ZU\wf
work between the Governments RW
at one level, with two parallel '
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To all our frlanda
and
thak loved anas
sincerest
GREETINGS
for a Healthy, Happy
and Peaceful NEW YEAR.
May there be peace for all
mankind In the coming year.
ROSE, KENNETH &
MICHAEL YOSS
1544 PIEDMONT SVC. N. C., ATLANTA, Q80NQM 90324 PMONf 404 Stt-JWJ
As the traditional Sounding of
the Shofar heralds the New Year,
• ■ Yi ^ • * v ‘ ?
our wish is that happiness in l
* alf its true meaning be m
your constant Jr
companion f
throughout all the / .
^ days of 5738. fMy
B’nai B’rith
Women
Greater Atlanta Council
extends warmest
New Year’s Greetings
CHAVEYROT CHAPTER
Pearl Dvoskin, President
EMORY CHAPTER
Esther Rechtman, President
EREV SHEL OR CHAPTER
Arlene Jacobson, President^
MARGARET MITCHELL CHAPTER
Hariett Panes, President
PACES CHAPTER
Amy Sieger, President
SANDY SPRINGS CHAPTER
Ann Lenin,. President
SHALOM SHEL HAR CHAPTER
Susa* Ruppaport, President
1950 HOWELL MILL RD.
351-5064