Word: public
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Dates: during 1970-1979
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First, other universities and non-profit institutions would come under intense pressure to follow Harvard's example. Second, those companies which are most sensitive to public relations would have to re-examine their South African ties, deciding either not to expand existing operations, to start cutting back operations, or, in some cases, to withdraw entirely. Thirdly, political leaders and corporate planners who try to gauge long-term trends would see Harvard's action as further evidence that the days of the white minority regime are numbered. To be sure, divestiture would not have an immediate financial effect on the companies...
...Engelhard Public Affairs Library: This guy gave the money. Objection: Made fortune using apartheid labor. Further Objection: Suspicious links to Kennedy-Bok-Rosovsky. Objection to the Objections: What do we do with the library now that it's built? Can we return it with the receipt? Final Objection: Has tendency to provoke silly contests...
...Claire Guthrie, assistant legal counsel for Princeton, said yesterday the clubs are separately incorporated and the relationship between them and the university is not significant enough to classify them as public institutions...
Establishing a financial base for the public policy program. The only part of the fund drive that will largely benefit graduate schools alone will probably receive about $20 million all told...
...fund drive also faces a host of public-relations and personality problems. An appeal for endowment money is bound to be less enticing to prospective donors than a dramatic expansion campaign. On top of that, Harvard suffers from what Kaufmann calls "the curse of endowment"--the tendency for people to look at the one-and-a-half billion dollar endowment and ask why the University needs more money...