FAVORS ARMS EMBARGO AGAINST S. AFRICA:
6K'
The Michigan Daily-Thursday, October 27, 1977-Page 3
s
investments
YoUSESE NS A W CALL WDAtLY
Mouse, smouse
Many of the 500-odd students enrolled in Biology 112 had been dozing
through most of Prof. Sally Allen's lectures on genetics. But yesterday
was different. As Allen unraveled the miracle of DNA recombination, the
would-be med school students sat alert, their ears to the podium, their
pens to their notebooks, raptly inhaling the age-old wonder. Slowly, all
hour, Allen kneaded and worked her material to a magnificent crescendo,
espousing on the physical exchange of parts of DNA, finishing with a
climactic statement: we now have the knowledge to cross mouse-DNA
with bacterium-DNA! The implications are tremendous, Allen cried. For
a moment, no one spoke. The miracle, it seemed, was too much for the
newly-initiated to comprehend. Then, out of a corner, rose an elderly
woman whohad been silently auditing the course all term. "So big deal,"
the woman began, "they cross a mouse wit a bacteria. When they can
cross a mouse wit spoonful cottage cheese, then I'll be impressed.'
This theft does not compute
There's more than one way to dump a class after the drop-add dead-
line - you can settle for a big, black 'W' on your transcript, or you can
steal a CRISP computer and cue in the change yourself. Some clever
delinquent may be doing just that with his or her latest catch: two Texas
instrument portable computers stolen from Old Arch sometime between
Oct. 20-24. Police, who were informed of the heist yesterday, have no
suspects but did say the thief gained entry with a key. Whoever has the
detestable know-it-alls can hook them into a -telephone line and garner in-
formation from the University's main computer if they know the entry
code. Or they can sell them at $1,900 a shot. However we suggest a sledge
hammer - right about the time the smart aleck spews out "course
closed.'"
Halloween deadline
If you can't be encouraged to vote in it, maybe you can be lured into
running. Michigan Student Assembly (you know, your student govern-
ment?) is holding its general election Nov. 14, 15 and 16, but candidates
must file in the MSA office by Oct. 31 to ensure eligibility. Candidate for-
ms can be found in the assembly's office on the third floor of the Union.
(Bert Lance need not apply.)
Happenings .. .
... get off to a pickin', strummii' start in the Pendleton Arts Informa-
tion Center in the Union at noon today with a freebie performance by the
Gemini folk singers ... George Bernard Shaw's Dark Lady of the Sonnets
will be shown at 4:10 p.m. in the Arena Theatre, Frieze Bldg. ... psychic
healer Stern Morgan leads a meditation class at 7:30 p.m. at Canterbury
House, corner of Catherine and Division .. Stonehorse Goeman discusses
Native American Rights at 7:30 p.m. in the Blue Carpet lounge of Alice
Lloyd ... 90 minutes of yoga on film will be shown at 8 p.m. in the Assem-
bly Room of the Union ... also at 8 Prof. Deshen Shlomo from Tel Aviv
University addresses religion and politics in Israel at Hillel, 1429 Hill St.
s
Carter1
UNITED NATIONS,
N.Y.-(AP)-From Chevrolets to cop-
per to Coca-Cola, American
business is in South Africa in a big
way-an economic fact of life President
Carter had to face in deciding what
sanctions to support against the
African nation's white-minority gover-
nment.
The United States, after a modest
beginning several decades ago, has
supplanted Britain as South Africa's
number one supplier of imported goods
and is the jiumber two investor in the
South African economy.
DESPITE THE size of the U.S. finan-
cial stake there, the British, after years
as colonial developer and ruler, are,
even more deeply entrenched in South
Africa..
Black African nations, angered by
weighs
South Africa's crackdown on black
dissent last week, have demanded the
U.N. Security Council call for a cutoff in
new foreign investments in South
Africa, and some have demanded an oil
embargo.
Carter has reportedly instructed U.S.
Ambassador Andrew Young to support
Security Council moves for an embargo
on arms sales to South Africa. Young is
also exploring with British and French
diplomats the prospect of limited
economic sanctions.
THE UNITED STATES has main-
tained a voluntary arms embargo
against South Africa since 1963.
Economic sanctions could have a
more serious impact on South Africa
than an arms embargo. But they would
also hit Britain hard, and the British
were scrambling this week to find a
comprehensive plan.
r.s.
The U.S. National Council of Chur-
ches has estimated that 13 American
firms account for 75 per cent of total
U.S. assets in South Africa-General
Motors, Mobil, Exxon, Standard Oil of
California, Ford, ITT, General Elec-
tric, Chrysler, Firestone, Goodyear,
3M, IBM and Caterpillar.
About 50 U.S. firms in South Africa,
including General Motors, the biggest
U.S. investor, have committed them-
selves to dismantling of apartheid in
the work place.
"Any future investment would have,
to be made in light of what progress had
been made in solving social problems in
South Africa," GM spokesman Barry
Turton said yesterday.
But apartheid critics say such
statements of good intentions are not
enough. They say foreign governments
and corporations must take firmer
steps topressure the South African
government into change.
Turton said the question of new in-
vestment has become a "moot point"
because of the surrent recession in
South Africa. "Demand is off and we
have more capacity there than we know
what to do with," he said.
France is the third veto-wielding
member of the Security Council which
would be affected by economic san-
ctions, but South Africa is far less im-
portant to the French economically
than it is to the British.
The lure of South Africa for corporate
planners stems in part from the
unusually high profits on investments
there.
FOR U.S. corporations, the average
rate of return on investments in 1974
was 19.1 per cent, compared with a
world average of 11 per cent for U.S. i*-
vestment, according to the U.S. Com-
merce Department.
The British reported their rate of
return for 1974, the latest reliable
figure, as 13 per cent, compared with 10
per cent worldwide.
Critics of South Africa's apartheid
system of racial separation all this ex-
ploitation, contending the profits area
result of low wages paid black workers.
THE COMMERCE Department
reported American corporations had
total assets of almost $1.5 billion in
South Africa in 1974. This represented
slightly more than 1 per cent of total
U.S. corporate assets overseas.
British assets in South Africa in 1974
totaled $2.2 billion, according to the
British Board of Trade, and tIis
amounted to 10 per cent of Britaii)'s
foreign investment excluding loans. '
Similar French figures are not
available, but the French investment'is
estimated at half the American figure
or less.
BRITISH OFFICIALS estimate
Britain accounts for 50 per cent of
foreign-held assets in South Africa and
the United States for 20 per cent.
Jean Cocteau's 1949
ORPHEUS
This incredible film depicts the love
of the poet for the princess who trav-
els constantly between this world
and the next. Set in the late 40's,
it's complete with motorcycles, Bob-
by Soxers and messages from the'
other world as heard over a car
radio. In French.
CINEMA GUILD WILL NOT
BE SHOWING A FILM
THIS FRIDAY
SATURDAY:
JOHN-HUSTON'S FAT CITY
CINEMA GUILD
TONIGHT atl7 &9:05
OLD ARCH AUD.
$1.50
Come on, luvy
Balls he's used to, but not this
kind. Prince Charles has landed
an invite to the annual Hooker's
Ball in San Francisco - an ex-
travanganza where "nudity will
abound," the promoters prom-
ise. Former hooker Margo St.
James says she'll tempt the prince
to attend the wild and woolly
musical masquerade party by
having a horse and carriage sit-
ting outside city hall tomorrow
where the prince is visiting. No
word from the royal Chuck on
the invitation yet, but we'll bet
our crumpets he says no to this
RS VP - Respond Sans Vest-
ments, Please.
,AP Photo
Statue librated
Some of the approximately two dozen Puerto Rican nationalists who occupied the Statue of Liberty are loaded into a paddy
wagon late Tuesday after being arrested for criminal trespass. The group seized the New York landmark for nine hours,
draping it with a huge Puerto Rican flag and banners demanding independence for the island commorgwealth.
Daily Official
Bulletin
Thursday.October 27, 1977
DAY C'ALEND)AR
WUOM: Harry Oppenheimer, Chairman De Beers
Corp., S. African, "Prospects for Change in Southern
Africa," Chairman, Anglo-American Corp. & Dir.,
Oppenheimer Fund addressed Foreign Policy Asso-
ciation luncheon, 10:15 a.m,
Astronomy/Physics: W. A. Bardeen, FNAL,
"Gauge Invariance in Two-Dimensional QCD," 2038
Randall Lab., 4 p.m.
Guild House: Poetry reading, Katherine Adisman,
Matt Kopka, Jacob Miller, and Jeff Wine, 802
Monroe, 7:30 p.m.
Musical Society: Murray Perahia, pianist, Rack-
ham Aud., 8: 30 p.m.
* * *
SUMMER PLAC'EMENT
3200 SABl - Phone 763-4117T
ATTENTION! Information is now available on
clerical positions for Summer Civil Service positions
in Michigan and Detroit area. Applications will not
be given out after October 31.
*""""""""""""""""""
University of Michigan's
110NEC011NG
DISCO-REAKER
featuring
* The Lemon Fox S
" Light Factory "
" at the beautiful
* MARKLEY CAFE, Ann Arbor
* Saturday, Oct. 29
*8 pm 'til 2 am
" Attire: GQ
" Welcome: Delta's, Omega's, "
" Sigma's; Kappa's Alpha's and You "
" Promoted by: Bo'4 chosen few, The Men of "
" The Mighty Blue
Price: $1.50 until 10 o'clock
" " " " " " " " " "
_'__
Due to technical problems, the Tom Waits/Andy
Pratt Show, October 21 was late in starting and we
are sorry for the inconvenience.
Thanks for your Support
Full Moon Productions.
Prince Charles
IL
On the outside...
Isn't it great out? Leaves are the color of pumpkins, the wind carries
the scent of apple cider, and there's not a white Christmas in sight. The
bliss continues today with a high of 64*, and a not-so-bad-at-all low of 430
by Friday, but we'll still have sunny skies which should last all weekend.
TIlE MICIIIGAN DAILY
Volumte LXXXVIII, No. 43
Thursday, October 27, 1977
is edited and managed by students at the University
of Michigan. News phone 764-0562. Second class
postage paid at Ann Arbor, Michiganm48109. Pub-
ished daily Tuesday through Sunday morning dur-
ing the University year at 420 Maynard Street
Ann Arbor, Michigan 48109. Subscription rates:
$12 September through April (2 semesters); $13 by
mail outside Ann Arbor.
Summer session published Tuesday through Satur-
day morning. Subscription rates: $6.50 in Ann Arbor;
$7.50 by mail outside Ann Arbor.
UAC Mediatrics
WEEKEND SCHEDULE
THE LAST DETAIL
FRI. OCT. 28 7:30 and 9:30
CATCH-22
SAT. OCT 29 7:30 and 9:45
natural science aud.-$1.50
m
V',
SENIORS'
You Have Only 2 MORE DAYS
To Be Included in the
1978 MICHIGANENSIAN
(U-M's Yearbook)
SENIOR PORTRAITS
ARF NOW RFING TAKFN
I
i
I 1 \