Word: namibia
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Dates: during 1973-1973
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...clear yet what the specific areas of controversy will be," Stephen B. Farber '63, special assistant to President Bok and the Administration's main man on shareholder issues, said last week. "But we expect some resolutions dealing with Namibia, and some of the other issues that were raised last year...
Last Spring Harvard backed two shareholder resolutions to have companies withdraw from Namibia, a southern African territory which South Africa rules in defiance of the United Nations and other opponents of apartheid...
...University believes American companies should withdraw from Namibia, in accordance with United Nations and U.S. government recommendations...
...prediction, as it turned out, seems altogether justified. Although the Corporation subcommittee abstained on a number of resolutions the ACSR endorsed, it didn't vote against any of them. And in the course of the Spring Harvard came out for disclosure of corporate activity in South Africa; withdrawal from Namibia, which South Africa rules illegally; and disclosure of political contributions by firms whose "records indicate" that the gifts are substantial...
...supported the resolution for the same reasons we'd like American firms to get out of Namibia," Joel W. Motley '74, the chairman of the Student ACSR, said yesterday. "We don't think the interest of the corporation always coincides with the public interest, so we'd like them to look into their impact on the Angolan people...