Word: transferals
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...Total divestment would be ineffectual because it would result merely in the transfer of stock to other investors. It would be ineffectual because the companies in question conduct only a small portion of their business in South Africa and account for only a small portion of South Africa's total industrial base. It would be ineffectual because in one defiant, symbolic move, Harvard would relinquish its material influence in South Africa...
...greater weakness in the strategy of divestment, however, is its assumption that selling stock will somehow force companies to leave. In fact, divestment merely transfers shares from one stockholder to another without bringing any effective economic force to bear on management. Thus, it Harvard had sold its stock at any point in the last 10 years, as we were repeatedly asked to do, apartheid would still remain intact. The only difference would be that the University would have lost the influence we currently possess to try to persuade companies to oppose apartheid and improve the lot of their black employees...
...House Life, Jewett will not likely have his hands full with housing issues this fall. His predecessor, John B. Fox Jr. '59, made a host of reforms in residential policy last spring, including spreading the burden of over-crowding more evenly throughout the 12 houses, making it easier for transfer students to live on campus, and reviewing the house lottery system...
...been: to present lessons that progressed $ at a pace consistent with a student's ability. Even today a lively market exists for programs that prepare students for the Scholastic Aptitude Tests or drill them on the multiplication table. But software manufacturers have been less successful in attempts to transfer textbooks onto floppy disks. Texts, after all, usually cost less than $25 and can be used year after year. Most computerized education programs, by contrast, cost $50 to $100 and provide, at best, only a few hours of enrichment...
...speak openly about our dissatisfaction with the scientific and technological level of this or that type of product. Yet we are counting on accelerating scientific and technological progress not through "a transfer of technology" from the U.S. to the U.S.S.R., but through "transfusions" of the most advanced ideas, discoveries and innovations from Soviet science to Soviet industry and agriculture, through more effective use of our own scientific and technological potential. That is the thrust of our plans and programs. At the same time, we would naturally not like to forgo those additional advantages that are provided by reciprocal scientific...