Contents: U.S. Investments in South Africa • How U.S. Companies Support Apartheid • General Motors and Ford: Special Friends of Apartheid • The Demand for U.S. Corporate Withdrawal • SUGGESTIONS FOR A CAR CAMPAIGN • The report says the Republic of South Africa offers only misery and death to its black and colored majority, but it creates lucrative conditions for the 375 companies that have invested $1.7 billion there. The bulk (75%) of this investment is held by only a dozen giant firms, most of which are part of the Rockefeller or Morgan empires. After the Soweto uprising, U.S. banks have again rushed to the rescue, floating huge loans in both 1975 and 1977. Black and Colored masses of South Africa who will destroy apartheid, but the Committee Against Racism (CAR) can give international assistance by building a movement to cut off U.S. capital, loans, and official Administration support for the apartheid monster. CAR should initiate a national campaign against GM and Ford recruiters on campus; college chapters should plan for a large demonstration against one of these recruiters this spring. The report mentions cheap black labor, Mobil, Caltex, IBM, General Electric, Goodyear, Firestone, ITT, Minnesota Mining and Manufacturing Co. (3M), Otis Elevator, Del Monte, oil, Citibank, Chase Manhattan, Manufactures Hanover, Morgan Guaranty, First National Bank of Boston, First National Bank of Chicago, Continental Bank, Bank of America, the Carter administration, the Vorster regime, South African Broadcasting Corporation (SABC), the Democratic Party, SWP (Socialist Workers Party), political and trade union rights to blacks, migrant laborers, homelands, Bantu education, South African Students Organization (SASO), Chief Albert Luthuli, the African National Congress (ANC), Sharpeville massacre, oil and military imports, the World Bank, IMF (International Monetary Fund), Exxon, the pass law system, computers, and defense instillations. [Note: This document is incomplete.]
Used by permission of Bill Bleich.
Collection: Private collection of Bill Bleich