The press release says on December 31, 1982, former Governor Milliken signed into law legislation that prohibits educational institutions from investing in the country of South Africa; Public Act 512 of 1982 will require public universities and community colleges to sell all holdings in corporations that operate in South Africa. The press release says during the past several months, six more universities in the United States have acted to divest well over $100 million in stock and deposits in corporations and banks doing business with racist South Africa. These include Harvard, Eastern Michigan University, and the University of Wisconsin; at present, 17 states, 14 cities, and 40 educational...
The press release says on December 31, 1982, former Governor Milliken signed into law legislation that prohibits educational institutions from investing in the country of South Africa; Public Act 512 of 1982 will require public universities and community colleges to sell all holdings in corporations that operate in South Africa. The press release says during the past several months, six more universities in the United States have acted to divest well over $100 million in stock and deposits in corporations and banks doing business with racist South Africa. These include Harvard, Eastern Michigan University, and the University of Wisconsin; at present, 17 states, 14 cities, and 40 educational institutions have introduced or passed divestment legislation; cities include: Grand Rapids, Michigan and Philadelphia, Pennsylvania. The press release says this is the second of three bills that will curb the state's involvement in South Africa, and it has received bipartisan support; last session, Representative Bullard and Representative Virgil Smith successfully sponsored Michigan Public Act 325 of 1980, which requires banks to certify that they are not making loans to South Africa or South African corporations before they can receive state deposits. The press release discusses apartheid, political power, white South Africans, State Representative Perry Bullard, exploitation, capital, technology, the African National Congress (ANC), the National Council of Churches, the NAACP, labor organizations, the American Friends Service Committee (AFSC), Churchwomen United, the Women's League for Peace and Freedom, the Coalition for Peace and Justice, the Catholic Diocese of Lansing, the Washtenaw County Coalition Against Apartheid, Barbara Eldersveld, the Michigan Coalition Against Apartheid, motor vehicles, heavy engineering, electronics, and computers. [Note: date on the press release is incorrect, it was issued on January 4, 1983.]
