Word: boycotts
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...Arab boycott of Israel is rapidly becoming a political issue in the U.S. In various House and Senate hearings last week, leaders of the Anti-Defamation League of B'nai B'rith and other Jewish groups offered some new revelations of how the Arab oil states are using their new economic strength. They testified that more than a dozen U.S. shipping lines have been quietly cooperating with the boycott by avoiding Israeli ports. Another charge: that commercial banks that act as agents for Arab countries have been requiring certificates of compliance with the boycott before issuing letters...
Saffran said he "would like to make the club more issues-oriented," mentioning the Gallo boycott and desegregation as two issues on which he felt the Harvard Democrats should take an active stand...
Legal Tools. Washington has only begun to explore what legal tools are available to combat the boycott. Many antitrust law experts believe that Section 1 of the Sherman Act, which forbids contract combinations or conspiracy in restraint of trade, could be used against, say, an Arab bank that refused to deal with U.S. companies that have ties with Israel; but enforcement would be impos sible unless the bank had assets located within the jurisdiction of a U.S. court...
Ultimately, the argument that is most likely to force the Arab govern ments to reconsider their policy of eth nic economic discrimination is that they run the risk of a backlash against the boycott when they begin to invest their oil billions in Western countries in a big way. As President Ford put it bluntly last week: "Foreign businessmen and in vestors are welcome in the United States when they are willing to conform to the principles of our society...
...entries in the Arab Legue's eclectic 1970 boycott list includ many of the nation's biggest corporations, as well as a wide variety of other firms, foundations, individuals and products. A sampler...