Word: acsr
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Dates: during 1980-1989
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LAST WEEK'S DECISION by the Advisory Committee on Shareholder Responsibility seems a hollow victory at best. The ACSR opted to delay consideration of a proposal to lift Harvard's automatic ban on investments in banks that make loans to South Africa...
...that we are at all displeased that students can now protest the Corporation's proposal in an open meeting on March 4. Plainly, an open forum is more likely than the closed Faculty Club meeting last week to encourage the ACSR to oppose the recommendation. What distresses us is that, after that session, ACSR members disclosed that the Corporation has already temporarily suspended the automatic divestiture policy, pending the ACSR's recommendation...
...affect any specific University investments in the next few weeks, but it proves just how strongly committed the Corporation is to scrapping the four-year-old ban, the only concession ever made to students on the issue. Further, it suggest that only the angriest of protests by the ACSR has a hope of reversing the Corporation's fait accompli...
...open meeting looms as students' last formal chance to prevent the Corporation from taking back the concessions it made to protesters in 1978. It may also, as some have suggested, prove whether the ACSR has any real potency of its own--whether it exists to deflect or reflect student criticism...
...ACSR should have the courage to stand up to the Corporation by registering student concern to it. We urge students and faculty to attend the ACSR's open meeting and to make their voices heard in an effort to influence the Corporation. It could be their last chance...