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April 26, 1991 - Image 35

Resource type:
Text
Publication:
The Detroit Jewish News, 1991-04-26

Disclaimer: Computer generated plain text may have errors. Read more about this.

...........................................

SW,

exposure. When groups such
as this are exposed as the
racists that they are, the
American body politic and
individual Americans repu-
diate them."
The Arlington, Va.-based
National Alliance, an
outgrowth of the Liberty
Lobby and the American
Nazi Party, was able to get a
proposal urging the tele-
communications company to
"phase out all sales of AT&T
products and services to the
State of Israel and to Israeli
businesses" included in
AT&T's proxy statement.
The group, headed by
William Pierce, owns 100
shares of the blue-chip stock,
just enough to allow it to use
the proxy as a vehicle for its
views, according to Securi-
ties and Exchange Commis-
sion regulations.
Each year since National
Alliance bought its stock
late in 1987 it has included a
proposal in the AT&T proxy
statement.
In 1988, 1989 and 1990,
the proposals urged share-
-holders to vote to force
AT&T to end its affirmative
action program. Each year
the proposal was rejected by
the owners of at least 91.2
percent of AT&T's approx-
imately 2.5 million
shareholders.
At the end of the National
Alliance proposal in this
year's proxy, AT&T urged
shareholders to vote against
it, a move which was lauded
by ,Anti-Defamation League
of B'nai Brith leadership
when the proxy was first
made public late in
February.
The company's directors
this year noted that "clearly,
the (National Alliance) is us-
ing the proxy process not to
attempt to advance human
rights, but to achieve anti-
Semitic goals."
Though this is the first
group to try to use an AT&T
proxy "to espouse a social
philosophy," AT&T spokes-
man Burke Stinson said he
suspects "there will be more
of this."
AT&T has tried to get the
National Alliance proposals
off the proxy, Mr. Stinson
said, but they are permitted
by the SEC.
"Corporations know that
they're being had in that
their ballots are being used
for publicity purposes, yet
someone with a broader
perspective on life would say
that's what America is all
about," he said.
NJCRAC's Chanes agrees.
"These organizations have
every constitutional right to
express 'what they want to
express," he said.

*RR

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THE DETROIT JEWISH NEWS

35

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