WHY AREN'T THE REGENTS DIVESTING??
by Students Against Apartheid
Seattle, Washington, United States
Leaflet issued as part of a campaign to get the University of Washington to divest from companies doing business in South Africa. It publicizes a demonstration on January 24 at the Administration Building where the Board of Regents will examine the South African investments. The leaflet says the faculty Senate Executive Committee, ASUW Student Assembly, ASUW Board of Control, the Graduate and Professional Student Senate (GPSS) and many other student organizations have supported divestment, seeing that divestment has a positive impact in South Africa. However, the Board of Regents has refused to withdraw funds in the face of widespread campus opposition. The leaflet says Students Against Apartheid obtained documents under the Freedom of Information Act from the Public Disclosure Commission about the links of members of the Board of Regents with companies operating in South Africa, including: Mary Gates (President) has at least $25,000 (perhaps more) in stock in the Eli Lilly Corp.; Edward Carlson (Vice President) is Director Emeritus of U.A.L. Inc.;, Regent Hunter Simpson is Director of Physio-Control Corp., a subsidiary of the Eli Lilly Corp; and Regent Janet Skadan owns stock in Exxon Corp. The leaflet says Students Against Apartheid uncovered several investments in corporations in South Africa that were not disclosed by the Regents; the Regents have admitted that they had did not disclose over $1.3 million of investments in their South African report.
Collection: Selma Waldman collection on the Seattle Coalition Against Apartheid (SCCA), Michigan State University Libraries Special Collections