Word: bok
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Dates: during 1970-1979
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...expected, the call for change met with some resistance. While students and some Faculty members questioned Harvard's policy on its investments, boycotts, and accepting gifts. President Bok, in a series of letters to the community, made it clear the University policy would not change...
...Edward M. Kennedy '54 (D-Mass.) gave a moving decication speech. But 400 people chanted throughout President Bok's speech, protesting the naming of the school's library for Charles W. Engelhard, who publicly and financially supported the South African government's apartheid policy...
...thing as a free lunch, or for that matter free toilet paper, students learned a few days later of a 9-per-cent increase in the cost of a Harvard education, bringing the total price tag for next year to more than $8000. Parents should not despair, though, President Bok said, pointing out that current population trends meant that in "10 to 15 years," families would have fewer children to send to college...
Meanwhile, President Bok released the first of his series of letters discussing "moral and ethical considerations" of the University's investments. In this letter, Bok said that when a university takes a stand on a moral or political issue, it endangers its intellectual freedom. Critics of the letters charged Bok with evading moral responsibilities...
...Bok had to face yet another controversy in March over the issue of the University's investments in corporations operating in South Africa. Ninety-three Faculty members signed a petition calling on the University to divest of its South Africa-related investments, and many spoke out against University policy at a Faculty meeting. Kenneth J. Arrow, departing Conant University Professor, said in a letter to the Faculty Council that the Advisory Committee on Shareholder Responsibility (ACSR) last year overestimated the cost of divestiture of stock in companies doing business in South Africa. The ACSR said the costs of divestiture would...