Word: acsr
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Dates: during 1980-1989
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Next Monday, March 12, at 8 p.m., in Longfellow Hall at Radcliffe Yard, the ACSR is holding an open meeting. They want to know what the Harvard community thinks. They could take a vote on divestiture this spring. They could pass a resolution calling for divestiture this spring. The ACSR is the appointed conscience of the Corporation, and the Corporation has sworn to respect it. A vote by the ACSR for divestiture could open the door to divestiture by the Corporation...
...divestiture movement has been a success. When it started in 1972, Harvard did not recognize any moral responsibility in making investments. There was no ACSR. Hugh Calkins' statement of last year, that Harvard did not "take ethics into account when making financial decisions," was literally and undeniably true. It took a seizure of the President's office by members of the Black Students Association in 1972 to make the Harvard Corporation recognize there were moral responsibilities inherent in managing $2 billion dollars. But those students made the University recognize its involvement in the outside world, and the Advisory Committee...
...Black Consciousness leader Steve Biko by South Africa security police and the Soweto riots that followed when the South African police killed hundreds of Black students, the divestiture movement at Harvard was revived with the founding of the Southern Africa Solidarity Committee (SASC). The Harvard Corporation and the ACSR at this time recognized no special problems with corporations doing business in South Africa, but after a year of rallies, pickets and packed ACSR hearings, culminating in a 3000- (yes, that's three thousand) person torchlight parade and day-long blockade of University Hall, not only did the Corporation agree that...
...banks that gave "humanitarian" loans to the South African government. Last year, Corporation member Hugh Calkins denied Harvard took moral questions into account when investing Each time the Corporation has tried to go back on the commitments it made in 1977-79, the divestiture movement has responded, by packing ACSR meetings, holding vigils and rallies, and most notably last year with the fast for divestiture and the founding of the Endowment for Divestiture. And each time the movement has responded, the Corporation has backed down and the ACSR has moved closer to advocating divestiture. Last year the ACSR split...
Some Harvard observers agree. "The Sullivan Principles are not changing anything fundamental in South Africa. They affect only the small minority that work in American companies," Claude Convisser '84, the undergraduate representative to the ACSR, said this week. Convisser pointed to South African spending on education, which is 14 to 15 times higher for white children than for nonwhite, as indicative of the broad discrimination that he claims the principles do nothing to alleviate. "They provide a cover for continued tacit American support of the South African government," he added...