Contents: SHOULD YALE DIVEST? • WHY FOCUS ON SOUTH AFRICA? • IS SOUTH AFRICA CHANGING? • HOW DO U.S. COMPANIES SUPPORT APARTHEID? • WHAT DOES THE S.A. GOVERNMENT SAY ABOUT DIVESTMENT? • WHAT ARE U.S. INVESTORS DOING ABOUT THE PROBLEM? • WHAT SHOULD U.S. INVESTORS BE DOING? • HOW WILL DIVESTMENT AFFECT SOUTH AFRICA? • HOW STRONG IS THE DIVESTMENT MOVEMENT? • WHAT IS YALE DOING NOW? • Companies Which Produce Strategically Important Goods • Companies Not Complying With the Sullivan Principles • Banks With Loans to the S.A. Government • WILL DIVESTMENT BE EXPENSIVE FOR YALE? • WHY WON'T YALE DIVEST? • WHAT CAN WE DO? • The pamphlet says we all agree that apartheid...
Contents: SHOULD YALE DIVEST? • WHY FOCUS ON SOUTH AFRICA? • IS SOUTH AFRICA CHANGING? • HOW DO U.S. COMPANIES SUPPORT APARTHEID? • WHAT DOES THE S.A. GOVERNMENT SAY ABOUT DIVESTMENT? • WHAT ARE U.S. INVESTORS DOING ABOUT THE PROBLEM? • WHAT SHOULD U.S. INVESTORS BE DOING? • HOW WILL DIVESTMENT AFFECT SOUTH AFRICA? • HOW STRONG IS THE DIVESTMENT MOVEMENT? • WHAT IS YALE DOING NOW? • Companies Which Produce Strategically Important Goods • Companies Not Complying With the Sullivan Principles • Banks With Loans to the S.A. Government • WILL DIVESTMENT BE EXPENSIVE FOR YALE? • WHY WON'T YALE DIVEST? • WHAT CAN WE DO? • The pamphlet says we all agree that apartheid is abhorrent; disagreement arises only over the most effective ways to bring it to an end; this pamphlet will not discuss the inhumanity of the Pass Laws, the genocide of forced removals, or the many other atrocities involved in enforcing apartheid. The pamphlet says Yale, in accordance with the Reagan Administration's policy of "Constructive Engagement", hopes to eliminate apartheid through investing in S.A.--and using our voice to speak for justice; in this pamphlet, we will argue that this pol1cy is counter-productive, our money contributes more to the maintenance of apartheid than to its elimination. The pamphlet says withdrawing our support may not end apartheid immediately, but it is a positive step; Yale should divest, and it should do so as soon as possible: the longer we wait, the more harm is done. The pamphlet says South Africa has no domestic oil; thousands of complicated apartheid laws govern where blacks can live and work; U.S. companies control about 70% of the computer market, led by IBM, Control Data, Burroughs and NCR; U.S. auto companies (Ford, GM and Chrysler) control about one third of motor vehicle sales, some of which is supplied directly to the military; bank loans are needed to build the S.A. economy and temporarily finance its trade deficits. The pamphlet says Nuclear technology has been sold to S.A., to the extent that it now enriches its own uranium and is largely self-sufficient in its nuclear power program; while sales of nuclear technology to S.A. were banned under the Carter administration, Reagan has relaxed these restrictions and now more than seven U.S. companies have made private negotiations with the S.A. government, concerning the exchange of nuclear expertise. The pamphlet includes quotes by H. Verwoerd, former Prime Minister of South Africa; John Vorster, former Prime Minister of South Africa; and the Yale Ad-Hoc Committee on South African Investments. The pamphlet discusses Mobil, Caltex (a joint venture of Texaco and Standard Oil of California), the Citizen Force Commando System, nuclear weapons, Allis-Chalmers, Honeywell, General Electric, the Nuclear Non-Proliferation Treaty, Citibank, the U.S. Trust Co., Franklin Research and Development Corp., Michigan State University, Dennis Brutus, the American Committee on Africa, the Washington Office on Africa, the Investor Responsibility Research Center, and the Episcopal Churchmen for South Africa. [This PDF was scanned from a pamphlet pasted into a scrapbook; it is not known if there is text on the back 12th page.]
