Word: shattuck
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Dates: during 1970-1979
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Early this week, Mayo A. Shattuck '48, deputy treasurer of the College, followed management's recommendations and voted Harvard's proxies against four resolutions proposed by the Gulf Angola Project. The Project opposes Gulf's involvement in colonial Portuguese Africa, particularly Angola...
...Shattuck said he did not see the letter. Bentinck-Smith could not be reached for comment...
...making the decision, Shattuck said, he read only the Gulf proxy statement. As required by law, the Gulf management lists the Gulf Angola Project's four resolutions in the statement. It then explains why it favors voting them down...
...Gulf Angola Project has issued a statement explaining why it supports these resolutions. Shattuck said he has not seen this statement...
Discussing his reasons for supporting the management position, Shattuck said, "Having weighed the arguments presented to me, I don't believe Gulf is investing in any area in which the United States does not recognize the existing government. I don't feel the way to change national policy is to tell a corporation it cannot do business in a country that our government recognizes...