The North Texas Daily (Denton, Tex.), Vol. 69, No. 9, Ed. 1 Tuesday, September 17, 1985 Page: 4 of 8
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4—The North Texas Daily
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Tuesday, September 17, 1985
Universities, colleges seek South African divestiture
Protests spur schools to sell holdings in companies dealing in troubled country
(AP) — A spring of campus protests and a
summer of South African violence have swelled
the ranks of colleges that are selling all or part
of their investments in companies with dealings
in South Africa.
Since April, when scores of 17.S. campuses
erupted in anti-apartheid protests, about 20
colleges and universities from Maine to Arizona
have adopted policies of total or partial dives-
titure of South Africa-related holdings.
Sixty-one schools have sold nearly $300
million in a South Africa-free investment policy,
according to the America Committee on Africa,
a New York-based anti-apartheid lobbying
group.
A spot check by the Associated Press found
many other colleges actively considering tougher
policies as well.
In recent weeks:
Columbia University, the scene last spring
of some of the most bitter student demonstra-
tions, announced it is likely to agree next month
to divest itself of its $39 million in stocks of
companies with South African operations. The
plan has the support of Columbia President
Michael Sovem.
Columbia, in New York, would be the first
Ivy League college to adopt a policy of total
divestiture of South African investments.
Rutgers University in New Jersey, another
hotbed of student protest last spring, was con-
sidered all but certain to accept an investment
committee recommendation made on Aug. 30
to sell its remaining $7.5 million in South
African holdings.
The University of Iowa divested itself of more
than 90 percent, or about $2.3 million worth,
of its South African-related holdings. Some
students were angered because the school insisted
it acted for economic, not moral, reasons. In
contrast, a committee set up to study divestiture
at Iowa State University is expected to recom-
mend shortly that the school sell its $550,000
in such holdings for morel reasons.
The Arizona Board of Regents voted Sept.
6 to order the University of Arizona in Tucson
and Arizona State University in Tempe to divest
themselves of their $3.1 million in South Africa-
related holdings as soon as possible.
Bitterly divided trustees of the University of
Vermont opted last week for limited divestment
of the school’s $7.3 million in South Africa-
related investments. Vermont Gov. Madeleine
Kunin argued in vain for full divestiture at the
emotion-charged hearings.
The University of Massachusetts divested all
of its $370,000 in South Africa-related stocks
after years of student and faculty pressure.
As a result of tightened investment policies
adopted this summer, Oberlin College announced
this past week it had sold U.S. Steel stock valued
at $620,000 and IMS International shares worth
$142,000 because neither company signed the
“Sullivan Principles,” a voluntary code of
conduct in which firms agree to work against
apartheid.
Among the schools that say they are reviewing
their South African investment policies are
Harvard, Yale, Massachusetts Institute of Tech-
nology, University of Southern California,
University of Notre Dame, Indiana University,
Northwestern University, Johns Hopkins Uni-
versity, Brown University, the University of
Rhode Island and Wesleyan University.
Wesleyan President Colin G. Campbell said
that his Connecticut school had taken the position
since 1978 that U.S. companies “can help to
eliminate the evils of apartheid.” But he said
last week, “The ability of companies to meet
this expectation is called into question by events
of recent weeks.”
The University of Texas board of regents
will take up the issue of what to do about its
$716.4 million in South African holdings at its
Oct. 10 meeting in Arlington.
More demonstrations are expected this fall
at many campuses, especially schools like
Princeton and Cornell, where some students
believe officials haven't gone far enough or
fast enough in selling South African investments.
Cornell, which has $110 million in such
holdings and which has been reviewing its
investment policies, has already had its first
sit-ins of the young school year at its Ithaca,
N.Y., campus.
Princeton officials believe students will con-
tinue this fall to protest that schools's $345
million in investments companies dealing with
South Africa. In June, the school’s board of
trustees reaffirmed its opposition to “broad
divestment," but said it would consider selective
divestiture in October.
“If anything, over the summer the issue has
become more heated for the students,” said
Princeton spokesman Justin Harmon.
Americans postpone marriage I Bush stumps in South Texas
WASHINGTON (AP) — The number of unmarried
couples living together has more than tripled since 1970,
climbing to nearly 2 million as young Americans continue
to postpone marriage, the Census Bureau reported Sunday.
There were 1,988,000 unmarried couple households
as of March 1984, the Census Bureau said in a study of
Marital Status and Living Arrangements.
The report also found that young people are post-
poning marriage, with median age at tying the knot higher
than at any time since the turn of the century.
And it noted that just since the 1980 census, young
people have shown less inclination to set up housekeeping
on their own, with those not married or cohabitating
more often remaining with their parents.
A number of factors may be contributing to the
change in the living arrangements of young men and
women, including the postponement of marriage.
The total of 1.9 million unmarried couples in 1984
was up from 523,000 such couples in 1970 and 1.6
million in the 1980 census.
And besides increasing in number, the couples them-
selves are considerably different from those counted in
1970 — being younger and more likely to have a man
as householder.
The term householder has replaced the older "head
of household,’ which feminist groups found objectionable.
Householder is the person contacted by census takers
and other members of the home are defined in relationship
to that individual.
The Census Bureau does not ask people about the
nature of their relationships with one another, and
unmarried couples can range from young folks cohabitating
to an invalid with a live-in nurse.
However, changes in the makeup of unmarried couples
can offer some indications of how this group has changed.
For example, unmarried couples are younger today
than in the past.
The 1984 figures show that in 77.6 percent of unmarried
couples, the householder was under the age 45, compared
to 27.2 percent in 1970.
"In fact, in three out of five unmarried couples in
1984, both partners were less than 35 years of age,”
the report added.
The report found that in 1984 the median age for
people getting married for the first time was 25.4 years
for men and 23 years for women. That was the highest
age at first marriage for women ever recorded, and the
top for men since 25.9 in 1900.
HEBBRONVILLE, Texas (AP)—
Vice President George Bush and a corps
of Republican officials courting Hispanic
voters came to this rural South Texas
community to issue a partisan message
— the GOP is the party of the people.
Bush was invited to Hebbronville by
Tony Salinas, the local GOP chairman
and a close personal friend of the vice
president.
“Vice president and Mrs. Bush, mi
casa es su casa (my house is your
house), but by the same token I hope
you don’t make me the same offer
because I’ll take you up on that,”
Salinas said at Saturday's event.
Bush said he was glad to be deep in
the Lone Star State.
“I guess the thing that unites us
today, transcending parties or political
ideology, is this question of family and
patriotism and love of family and these
are the reasons I feel so at home here
in South Texas because those values
are what South Texas is all about.”
Salinas, the publisher of the Jim Hogg
County Enterprise, sent out thousands
of invitations in South Texas and about
2,000 people showed up at his ranch
outside of town.
Marching bands, drill teams and Re-
publican officials also were part of the
ceremonies.
Also attending the event were U.S.
Sen. Phil Gramm, R-Texas, and Texas
GOP chairman George Strake. They
were joined by U.S. Rep. Tom Loeffler,
R-Hunt, and former representative Kent
Hance, a Democrat-tumed-Republican.
Loeffler and Hance are making plans
to ran for the GOP gubernatorial nomi-
nation next year.
Loeffler said the Republican contin-
gent traveled to Hebbronville to prove
a point.
“It means that the Republican Party
is the people’s party, that we really care
and that we have brought better times
for all Texans than ever before,”
Loeffler said.
Gramm, who introduced Bush, also
is a converted Republican, who chastised
his old party for not doing enough for
the people.
“Thanks for honoring Barbara and
me. It gets our heart back where it
belongs and it makes me thank God
for friendship,” Bush told the cheering
crowd.
Traffic citations defended.
Tarrant County, only.
924-3236
(Area Code 817)
In Ft. Worth
James R. Mallory,
Attorney at Law.
No promises as to results. Any fine and any
court costs are not included in fee for legal
representation. Since I have not been
awarded d Certif cate of Special Competence
in "criminal law," rules on lawyer advertising
require this ad to say:* jertified by the
Texas Board of Legal L Jalization. "
Good Paying
Student jobs available.
Mon. - Fri.
3:30 - 8 p.m.
Call: 383-0361
OI« Cfoset^
^Boutique
Resale Shop For Ladies, Men, Teens
New and Used
Clothing and Shoes
Antique Costume Jewelry
Party & Wedding Dresses
525 Ft. Worth Dr.
Sale Sept. 20 & 21
383-3461
CONSIGNMENTS!
IF YOU HAVE:
• Excellent Communication Skills
• 20 WPM Typing skills
THEN WE OFFER:
• Paid Training
• Shift incentives
• Flexible scheduling
• Weekly Paychecks
PLEASE CALL FOR APPOINTMENT
566-6668
1700 Wilshire
(Behind Sac N Save)
£ N
Otf
O Q.
Attention:
Domino’s® Needs Drivers
Flexible Hours
Great Pay and Benefits
Apply in person at
913 Avenue C (Carriage Square)
Applicants must have a car
and Insurance.
or
382-7840
and ask for Tony Montana
applicants must be 18 or over
Think Skiing
See us for ski packages
From |
Crested Butte 3 nites 279.00*
Purgatory 4 nites 299.00* |
’Airfare, condo, transfers,
taxes
Copper Mtn.
Keystone 5 nites 251.00**
Breckenridge
"Airfare & condo - pp -
6 people
Winter Park 4 nites 295.00***1
‘"All inclusive, R.T. bus,
condo, lifts, ski rentals
University
Travel
• PRIME RIB
• CHOICE STEAKS
• FINE SEAFOOD
• OTHER DINING
SPECIALTIES
LUNCH 11:00-3:30
DINNER 5:00-10:00
11:00 WEEKENDS
MEMBERSHIPS AVAILABLE
CALL FOR RESERVATIONS
565-0933
212 S. ELM ST.
DENTON, TEXAS
ADULTS
PICTURE YOURSELF DANCING
I I I
n
&
Offering classes for beginning & advanced
students.
A.M. adults & childrens classes available
566-0234 Cynthia Shailer Muirhead 382-4114
Denton Ballet Academy
1419 Oakland
IT'S NOT TO LATE!
/y
North Texas Laundromat
Corner Ave. B & Eagle 387-8462
2112 Prairie at Ave. E
Wash One Load Free
at 2112 Prairie Location Only
with this ad - One per customer/family
Top Load Washer Only
Video
Cable TV
52 Dryers
92 Washers
Open 8 a.m. to 10:30 p.m. Everyday
Not Valid with any other free wash offer
Offer Good Thru 9/30
Not good on Sat. or Sun.
565-4080 565-8111
3rd Floor Union
Tonight
REPAIR SPECIAL
Chain repair s8 00
Spring Clasps ‘5 00
Hours:
Tues.-Fri. 10:00-5:30
Sat. 10:00-2:00
Closed Mondays
383-3912
420 S. Carroll Blvd.
Behold
Dancers of Extravagance
Tues. Sept. 17
6 P.m.-10 P.m.
Ladies Only
Cover Charge
Where Else?
565-0007
1605 Eagle Dr.
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The North Texas Daily (Denton, Tex.), Vol. 69, No. 9, Ed. 1 Tuesday, September 17, 1985, newspaper, September 17, 1985; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth723170/m1/4/: accessed August 15, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Special Collections.