Word: marche
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Dates: during 1970-1979
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...unsound practices. State bank examiners said the loan to Robert Stapleton was "substandard"; they initially wrote off the loan to Institutional Development Corp. as a "loss," but it was later repaid. Gregory's bank in Macon County closed in January. Another bank, in Wilcox County, Ala., closed in March. On Good Friday, Gregory and Vonna Jo were indicted on Alabama felony charges that they accepted deposits at a bank that was about to be closed...
...continued, Wall Street has begun to look more and more like a bargain basement just waiting for shoppers. Last week they came pouring in, driven by random pieces of upbeat economic news (a slowdown in the growth of the money supply, a hefty increase in industrial output during March, a firming dollar overseas) as well as a juicy-though unfounded-rumor that Exxon Corp. had struck oil off the New Jersey coastline. In addition, there were reports that President Carter was considering reducing the size of his proposed tax cut, a move that would tend to counter inflation. Buyers also...
...March 20, three uniformed University policemen stood on the steps of 17 Quincy Street, headquarters of the Harvard Corporation, while about 400 students marched around the building chanting and carrying signs urging Harvard to help end the investment of U.S. corporations in South Africa. After calmly watching the students cut across his field of vision for the 20th time, one of the policemen turned to his fellow officers and began the follow officers and began the following conversation...
...much more than the shareholder resolutions, the ACSR report on South African investments has drawn the attention of the University community. In its report presented to the Corporation on March 20, the recommended a policy of non-investment in banks ending money to the South African government or its public corporations, the sale of the bonds Harvard now holds in those banks, and the establishment of a detailed procedure for monitoring U.S. firms' compliance with apartheid. After studying the firms the ACSR will reevaluate the entire situation next fall and will propose shareholder resolutions in those Companies that it believes...
Meanwhile, the United Front is sponsoring a march from Radcliffe to the Yard, and a general boycott of afternoon classes so all students can participate in a mass demonstration during today's Corporation meeting. What effect they will have remains to be seen--despite the chain of advising from the IRRC to the ACSR to the Corporate subcommittees, despite student protest and petitions, despite ACSR and Corporation open hearings, despite the southern Africa Solidarity Committee and the United Front, once again the actual decision comes down to the Harvard Corporation, as it always has, and probably always will. Legally, that...