American money supports racism in South Africa
Bruce Tischler, a student at Union Theological Seminary (UTS), carrying placard during demonstration outside the National Council of Churches building (475 Riverside Drive, New York, New York) against bank loans by First National City Bank to South Africa. In March 1967 students at UTS demanded that First National City Bank close its three offices in South Africa. This photograph is apparently a picket of the Methodist Board of Missions in protest of the Board’s depositing its accounts at First National City City Bank. The students charged that the Board indirectly supports the economy of South Africa by having funds in a bank with extensive investments and financial arrangements there. The students presented Board President Bishop Roy H. Short with a petition to withdraw if funds from the bank. The photo is on the cover of The Christian Century which had an article "Institutions, Investments and Integrity" by Charles W. Powers and Jon P. Gunnemann. (Source: Robert Maurer; "Church Is Leaving Bank As A Protest" The New York Times, February 10, 1968; and "SEMINARY STUDENTS SAY FUNDS AID APARTHEID" World Outlook, June 1966)
Copyright © 1969 by the Christian Century. Reprinted by permission from the January 29, 1969, issue of the Christian Century. Subscriptions: $49/yr. from P. O. Box 700, Mt. Morris, IL 61054. (800) 208-4097.