Word: abstentionism
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Crucial Abstentions. In the wake of the visit to Havana by Senators Claiborne Pell and Jacob Javits, the resignation of Castro-hating Nixon, and the Linowitz Commission report recommending a normalization of U.S. relations with Cuba (TIME, Nov. 18), many delegates were convinced that the U.S. was ready to accept...
Besides the AP&L statement, all the ACSR's specific actions on issues ranging from South Africa to equal employment to corporate political contributions went almost unnoticed. In the spring of 1972, for example, it was Harvard's abstention on a resolution calling on Gulf to report on its Angola...
One effect the faster pace seems to have had this year, ironically, is taking Harvard's shareholder stands out of the public eye. Two years ago, when shareholder responsibility was more explosive and Harvard abstained on a resolution calling on Gulf to issue a report on its Angola operations, black...
Last year the ACSR supported shareholder resolutions that called for an end to involvement in white-ruled areas of Africa and others that would have forced disclosure of corporate political gifts, while it opposed or urged abstention on other resolutions against corporate politicking and military contracting.
ALTHOUGH the subcommittee's power on shareholder questions is theoretically absolute, last year it never moved more than one notch from the ACSR's recommendations--abstaining on some resolutions the ACSR supported, and opposing some resolutions on which the ACSR urged abstention. About half the ACSR's members will be...