NEW YORK (Dec. 8)
Ten gifts totalling more than $3 million for the Israel Institute of Technology in Haifa were announced here at a dinner of the American Society for Technion. The gifts represented the largest total ever announced at the society’s annual dinners.
Guest of honor Sol M. Linowitz, industrialist and Jewish leader, suggested a technological partnership between Israel and its Arab neighbors so that they might “learn to live together in peace by working toward common goals.” An individual gift from Eugene Ferkauf of New York, founder of the Korvette department store chain, will make possible creation of a new school in management sciences at the Technion, officials said.
Evelyn de Rothschild of London, speaking as chairman of the British Technion Society, pledged to the American society full cooperation of the British group for a program designed to help the Technion to bring into Israel all of the gains of modern technology.