[Dear Friends: On Friday, July 18th, after years of controversy, the Associated Students of UCLA Board of Control voted in favor of the divestment ...]
[Dear Friends: On Friday, July 18th, after years of controversy, the Associated Students of UCLA Board of Control voted in favor of the divestment ...]
Mailing signed by Fred Gains, President, Undergraduate Student Association, and Louis D. Armmand, Vice President, External Affairs Officer, Graduate Students Association. The mailing says on Friday, July 18th, after years of controversy, the Associated Students of UCLA Board of Control voted in favor of the divestment of its funds from banks that loan money to or do business in South Africa; this, in effect, means that the Associated Students of UCLA will switch its more than $25 million in accounts from Bank of America and Security Pacific Bank to another bank or banks which meet the criteria established for future banking relationships. The mailing says we hope that this action will serve...
Mailing signed by Fred Gains, President, Undergraduate Student Association, and Louis D. Armmand, Vice President, External Affairs Officer, Graduate Students Association. The mailing says on Friday, July 18th, after years of controversy, the Associated Students of UCLA Board of Control voted in favor of the divestment of its funds from banks that loan money to or do business in South Africa; this, in effect, means that the Associated Students of UCLA will switch its more than $25 million in accounts from Bank of America and Security Pacific Bank to another bank or banks which meet the criteria established for future banking relationships. The mailing says we hope that this action will serve as a catalyst to other organizations, corporations or individuals to take similar steps; we therefore perceive this action as part of a statewide, and ultimately nationwide, campaign to break United States links with South Africa. The mailing says given the extent of the vested interests involved in the maintenance of economic ties with South Africa, the campaign to break these ties needs united, vigorous and consistent action to heighten public awareness of the unacceptability of complicity with apartheid. The mailing asks individuals and organizations send letters endorsing the Board's decision to Chancellor C. E. Young; Donald E. Findley, Executive Director-ASUCLA; and Fred Gaines, Chairperson, BOC. The mailing includes a press release by Associated Students of UCLA with the contact name of Beth Garber.
