This memorandum makes the case for calling on universities to change the criteria for their investment policies, which are a reflection of their institutional priorities. Campaigns focused on investment policies are one way to "bring about social change through the reformulation of the University," which is the "organizing principle" of the University Christian Movement. The UCM Southern Africa Committee offers its assistance to groups that wish to question university investment policies concerning U.S. companies operating in South Africa. Sending a delegation of students, faculty, and trustees to stockholder meetings to raise this issue is suggested as a possible first step in such a campaign....
This memorandum makes the case for calling on universities to change the criteria for their investment policies, which are a reflection of their institutional priorities. Campaigns focused on investment policies are one way to "bring about social change through the reformulation of the University," which is the "organizing principle" of the University Christian Movement. The UCM Southern Africa Committee offers its assistance to groups that wish to question university investment policies concerning U.S. companies operating in South Africa. Sending a delegation of students, faculty, and trustees to stockholder meetings to raise this issue is suggested as a possible first step in such a campaign. The memo points out that the issue of universities depositing funds in banks that extend a line of credit to the South African government has already been raised at Yale, Wesleyan, Brown University, the University of Chicago, and, most persistently, at Union Theological Seminary. The memorandum discusses university Board of Trustees, the Matheson Company, Mobil Oil, student-faculty groups, southern segregation, and the relationship between business and higher education.
