Word: clark
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Dates: during 1970-1979
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...Komsomolsk, 565 miles north of Vladivostok. By the time the last rail is laid in 1983, the cost of the project, now one-third cornplete after three years of work, may reach $15 billion-twice the price of the Alaska pipeline. TIME'S Moscow bureau chief Marsh Clark flew from Khabarovsk on the Manchurian border to a construction site on BAM's eastern end for a look at the work in progress. His report...
...month-old report of the subcommittee on African affairs of the Senate Foreign Relations Committee helps provide much-needed answers to these complex problems. The subcommittee, chaired by Sen.Dick Clark (D-Iowa) and staffed by the late Sen. Hubert Humphrey (D-Minn.) and Sen. James Pearson (R-Kans.), spent more than a year researching the topic. The subcommittee interviewed representatives of corporations and banks operating in South Africa as well as members of anti-apartheid groups. It investigated corporate labor and management policies in South Africa and analyzed the ways in which U.S. banks affect the finances of the Vorster...
...subcommittee's research reveals the inadequacy of the notion of American corporations effecting reform while remaining in South Africa. In 1976, Clark sent questionnaires to 260 firms operating in South Africa, asking for details of their labor, promotion, training and wage policies. One might expect that firms with especially poor records on racial policies would not reply to these queries. In fact, only about 30 per cent of the firms responded. Of that 30 per cent, some gave very incomplete and sketchy answers, and even among the companies that supplied sufficient documentation and detail, the report states there is "little...
...further complication is that many of these firms show little or no desire to operate in the full light of day. Despite its efforts, the Clark subcommittee was unable to decide which were the largest U.S. firms in South Africa. This lack of even very basic knowledge of U.S. corporate activities in South Africa hampers any attempts to monitor the relationship between the companies and the Vorster government. Employing the same criteria used in United Nations estimates, the Clark subcommittee decided that the 13 largest American firms in South Africa are General Motors, Mobil Oil, Exxon, Standard Oil of California...
...Clark report recommends the adoption of a policy "to actively discourage American foreign investment in South Africa," and to work within the apartheid system to bring about changes in racial policies. It urges the denial of tax credits to U.S. firms in South Africa not actively striving to improve the lot of its non-white workers, the end of export-import bank guarantees of U.S. bank loans to the South African government, and the curtailment of Commerce Department activities directly or indirectly helping American firms choosing to operate in South Africa...