Word: withdrawal
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Dates: during 1970-1979
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Several highly-placed Massachusetts Port Authority (Massport) officials said yesterday that the coalition's first meeting "strongly influenced" Gov. Edward J. King's decision last Monday to withdraw his support of five bills calling for reorganization of Massport. The bills would have given King power over most of the reorganization...
...first question, and one that one cannot escape, is should companies withdraw from South Africa? By companies I mean U.S. companies with South African operations. The answer to this question should, I think, be yes, unless the following two conditions...
CHOIR recommended to the Finance Committee that it sell stocks in the three companies with interests in South Africa, the Finance Committee voted to withdraw the investments...
...decide is to decide. Not to boycott Nestle products is to support Nestle. Not to rename the Engelhard Library is to endorse Engelhard's example of "public service." Not to pressure corporations to withdraw from South Africa is to support apartheid...
...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 which operate in South Africa...