Word: suasion
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Dates: during 1970-1970
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...self-righteousness, matched by the banks' haughty self-justification. While neither the government nor the banks are likely to admit the fact publicly, no one with intimate knowledge of this matter doubts that a decisive factor was persistent pressure by Friends of Africans, especially church spokesmen. When moral suasion failed, concrete action-withdrawal of tens of millions of dollars by churches in deposits and investments from the banks-proved effective, a vindication of economic sanctions to implement ethical judgments...