Memorandum on draft Michigan state divestment legislation to Virgil Smith from Chris Root and David Wiley for the strategy group that met on March 6. The memorandum comments on the bill labeled "CIVIL RIGHTS: General discrimination ... " and numbered 00582'85, CFH, and urges that all four pension funds be covered by the first bill. It also recommends broadening the application of the bill to cover firms operating in Namibia (which South Africa is illegally occupying) as well as the Republic of South Africa itself. The memorandum also points out that this bill covers only companies that make direct investments in South Africa, and not those with other types of financial or economic ties with...
Memorandum on draft Michigan state divestment legislation to Virgil Smith from Chris Root and David Wiley for the strategy group that met on March 6. The memorandum comments on the bill labeled "CIVIL RIGHTS: General discrimination ... " and numbered 00582'85, CFH, and urges that all four pension funds be covered by the first bill. It also recommends broadening the application of the bill to cover firms operating in Namibia (which South Africa is illegally occupying) as well as the Republic of South Africa itself. The memorandum also points out that this bill covers only companies that make direct investments in South Africa, and not those with other types of financial or economic ties with South Africa, such as investments in banks that make loans to South Africa. The memorandum discusses the Ford Motor Company, the Department of Civil Rights, the U.S. Commerce Department, subsidiaries, foreign-based firms, and Perry Bullard.
