[Dear Editor: As you know, apartheid in South Africa has become a major focus of the press, particularly as black dissent within the country increases …]
by Miloanne Hecathorn, Stop Banking on Apartheid
San Francisco, California, United States
November 20, 1978
Stop Banking on Apartheid
The Letter to the Editor discusses growing dissent in South Africa, which is being met with escalating violence by the government. The U.S. government has become intimately involved in the region through its attempts to help negotiate peaceful transitions to majority rule in Zimbabwe, Namibia, and South Africa. At the same time, Americans are becoming more concerned about the support our banks and corporations give to the apartheid regime. For example, over 1900 Californians recently showed their abhorrence of Bank of America's support of apartheid by distributing a quarter of a million leaflets in 111 cities and towns (approximately 400 branches) throughout the state. The letter asks for better coverage of this important issue which impacts all citizens of California. The fact that people in the community you serve participated in this event shows the need for a more thorough discussion of the concerns raised regarding the support California banks give to apartheid. $TOP BANKING ON APARTHEID is a coalition of church, labor, public interest, research and other community groups who are calling on banks in California to stop making all loans to South Africa. The letter mentions racial discrimination, suppression, socially responsible criteria for investments and practices, bank depositors, affirmative action, and the use of union and public pension/retirement funds.
Used by permission of former members of Stop Banking on Apartheid.
Collection: Miloanne Hecathorn papers