African Activist Archive

Contents: WHY FIRST NATIONAL CITY BANK? • BUT WHY FIRST NATIONAL CITY? • ALTERNATIVE BANKING SUGGESTIONS • IN TAKING THIS ACTION YOU ARE PART OF AN AREA-WIDE PROTEST OF STUDENTS, FACULTY, AND INSTITUTIONS • WHAT CAN YOU DO? A GREAT DEAL IF YOU ARE A FIRST NATIONAL CITY BANK DEPOSITOR • Facts to know about withdrawing accounts • THIS IS APARTHEID • American Business and Financial Involvement in South Africa • The report says it is important to note at the offset that First National is, quite possibly, not the most culpable of all American corporations (though it is the most culpable of American banks); nevertheless it is an aggressive partner in the complicated American investment complex which invests in South Africa and it is the financial institution which most directly involves us (First National is the bank of approximately 80% of the Morningside Heights students and faculty we have polled). The report says during the week of March 14-18 someone should contact you personally and will bring to you a petition which sets forth the kinds of policy changes which the Morningside Heights Committee on South Africa, after careful consideration, believe are possible for a bank to make with regard to its involvement in South Africa (e.g. no further investments in South Africa, public statements, etc.). The report discusses Chase Manhattan Bank, Sharpeville, the Industrial Development Corporation, the Schlessinger Corporation, Hombris Bank of London, the First Consolidated Leasing Corporation, the American Committee on Africa (ACOA), Freedom National Bank, Carver Federal Savings and Loan, Federation Bank and Trust, apartheid, Union Theological Seminary, the International Fellows Program at Columbia, Barnard College, Teachers College, Jewish Theological Seminary, the National Council of Churches, the Union Student Cabinet, Bantustans, the Export-Import Bank, the World Bank, the International Bank of Reconstruction and Development, the Nationalist government, Rhodesia, Basutoland, Bechuanaland, Southwest Africa, J.D. du P. Basson, Sir Hugh Foote, the United Kingdom, and the United Nations.

African Activist Archive

WHY FIRST NATIONAL CITY BANK?

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