Word: letters
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Dates: during 1970-1979
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Theda R. Skocpol, associate professor of Sociology, said yesterday that Bok's letter is "calculatedly confusing" and that it states only that "Harvard is not committed to an active and visible policy to oppose U.S. corporate support of the South African regime...
...letter, Bok restates the contentions of his first open letter by saying "total divestment would undermine the willingness of outside groups to respect the academic independence of the University," and result in financial losses that could "run into millions of dollars...
...letter restates the position of the Harvard Corporation that the best means to alter corporate behavior in South Africa and help South African blacks is "to vote as a shareholder and continue to communicate in other ways with management...
...statement is the second in a series of letters expressing a reluctance to have Harvard act, in the words of the latest letter, "as part of a pressure group using the leverage of our purchases, our endowment, and our prestige as a university to push for social and political ends...
Kenneth J. Arrow, Conan University professor and a Nobel prize winning economist, said in a letter last month that the Corporation's estimates of both the long and short term costs of divestiture are too high, although "there is necessarily a wide degree of uncertainty about predicting effects of any stock market transactions...