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May 19, 1979 - Image 9

Resource type:
Text
Publication:
Michigan Daily, 1979-05-19

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The Michigan Daily-Saturday, May 19, 1979-Page 9
REGENTS DIVEST FROM BLACK AND DECKER

(Contin
South Africa, the
too vague to con
action. The R(
University Vice]
Affairs JamesI
investigate both
Africa.
Brinkerhoff
president for co
board member o
in reporting that
ts, Brinkerhoff
assured thatt
similarity betw
Searle and the Si
recommended "
game we do no di
DEMONSTRA
divestment of U
porations doing
Africa have be
large numbers a
Regents meeti
present at the
Members of th
Coaliton Against
the group whic
protests, said t
divestment issue
Regents agenda.
"It's a good fi
spokeswoman H
still would like
other coporatioi
wouldn't take
SAACFA (Senat
Committee on Fi
(on investment
der why theyt
though," Gottfri(
The Regental
divestment from
in a 6-0 vote, with
(R-Ann Arbor)
Flint) abstaining
BAKER MAIN
University's pl
judgments. "If
judgments," Ba
people will make
"My own im
(Black and Deck
out of the busir
judgments on tf
Baker said. "Th
the world-apar
largest of them.
right all the evils

'U' to sell company's stock
ued tram Page 1' Laro said it was important for the
eir responses were still Regents to adhere to the policy they warfare" and listed several possible ment. University r
vince the Board to take adopted in March 1978, but said they actions, including communication with be ble to use E
egents then directed have "engaged a great deal of time in corporate management, attending and laboratory with P
President for Financial an issue we should perhaps not be addressing shareholders' meetings, highest level of phy
Brinkerhoff to further engaged in." He also said it might be initiating shareholders' resolutions, P-4.)
firms' policies in South necessary to "rescind in total our and soliciting proxies. EK STANDS for
policy." ANOTHER ALTERNATIVE found in the huma
met with the vice- REGENT THOMAS Roach (D- discussed was the possible conducting level designation st
porate relations and a Grosse Pointe) and Regent Robert of educational programs for business of safety contain
f Searle on May 4, and Nederlander (D-Birmingham) ex- leaders to discuss the issue of corporate materials in the lab
meeting to the Regen- pressed dissatisfaction with Black and responsibility. The action was ri
said, "I have been Decker's relationship with the Univer- In other action, the Board unani- Biological Researc
there is substantial sity as a stockholder, and advocated mously rescinded restrictions it had tee, a group wh
een the practices of divestment because of the firm's non- placed on the University's decombinant University's recomi
ullivan Principles." He comliance with the Regental policy. DNA research two years ago. ch. Federal guidelir
that at this stage of the "Here's a company we ought not to Recombinant DNA experiments in- ch are set by the I
ivest in Searle stock." own stock in because of their business volve inserting segments of the genetic Health. The panel
TORS URGING total practices," Nederlander said. "From chemicla DNA from a particular living guidelines allowing
niversity funds in cor- my point of view it's not a good way to organism into the DNA of a laboratory used with P-3 physi
g business in South operate a corporation." strain of bacteria. This mixing of According to Un
en vocally present in "I'm not satisfied with that type of genetic matter creates organisms with Dr. Francis Payn
it the March and April corporate attitude," Roach said. different characteristics than either Regents passed t
ngs, but none were THE UNIVERSITY holds 14,613 "parent"organism. resolution, EK- bazar
meeting yesterday. shares of the company's common stock, MAY RSARHRon bevd Hoe aso
e Washtenaw County -with an estimated market value of setsts A reo believed. He also s
t Apartheid (WCCAA), $277,647, according to University recor- ation opens up new opportunities for advantages to usin
h has organized the ds. the nature of life and holds than EK-2 bacteria.
they didn't think the Regent Gerald Dunn (D-Lansing), studyingerakgrewi dhgs The Regents also
would be placed on the the board member who introduced the mass producing rare biological the search procedu
divestment motion, earlier had invited material for treating diseases. of a new Dearborn
rst step," said WCCAA Rep. Morris Hood (D-Detroit) to speak Critics of the work say it creates the pointment of Dr. W
eidi Gottfried, "but we to the Regents about the South African possibility of producing new types of in- ting chancellor at
them to look at their issue. fectious DNA elements whose $16;000 ventilation
ns. We assumed they Hood, who is chairman of the state biologicalDpropertiescannotbe predi- Chemistry Building
any action until the legislature's black caucus, said he had ted. The Regents postf
te Assembly Advisory a prepared statement, but preferred to The rescinded restriction drops the new Alumni Center
nancial Affairs) report address the Regents specifically on the requirement for the EK-s type of bah- structed north of th
responsibility). I won- Black & Decker issue. "It's a travesty teria to be used in a laboratory with a until further studies
did it. It's still good that a great University such as this is certain kind (P-3) physical contain- 30 days.
_ J _iiiiveu .rai nrnn a uiipuynac re}cy muci

esearchers now will
K-I bacteria in a
-3 conditions. (The
sical containment is
a strain of bacteria
an intestine. The P-
tands for the degree
ment of research
oratory.
ecommended by the
h Review Commit-
ich monitors the
binant DNA resear-
Aes for DNA resear-
National Instutes of
recently revised its
EK-I bacteria to be
cla containment.
nivesity researcher
e, at the time the
heir original DNA
icteria was thought
rdous than is now
aid there are more
g the EK-1 system
approved yesterday
re for the selection
chancellor, the ap-
illiam Vasse as ac-
Flint, and a new
n system for the
.
,oned approval of a
building to be con-
e Michigan League
could be in the next

ed said.
approval of "prudent"
Black & Decker came
h Regents Deane Baker
and David Laro (R-
a.
TAINS that it is not the
ace to make moral
we start making these
ker said, "then other
judgments on us."
pression is that they
er ) are telling us to get
ness of making moral
he rest of the world,"
ere are a lot of evils in
theid ranks among the
... we obviously can't
in the world."

involved in a company that pretty much
thumbs its nose and says 'we live by the
Golden Rule . ..,"' he told the Regents.
BAKER SAID he was concerned
about voting on the issue while Hood
was there because he did not want the
Board to feel pressured by a member of
the state legislature. Dunn, a former
state legislator himself, defended Hood
and told Baker that he had invited him
to .come, but that he was welcome to
come to any Regents meeting.
Before Brinkerhoff presented his
report, University General Counsel
Roderick Daane reported on alter-
native policies to divestment.
Daane called the alternatives the
"weapons and arsenal of corporate

Studying Take a
got you
down
break
LINA WERTMULLER'S 1974
LOVE AND ANARCHY
A shy peasant (GIANCARLO GIANNINI) arrives in Rome in 1930 bent on
assassinating Mussolini. His contact in the underground is the most famous
madame in Rome (MARIANGELA MELATO). She falls in love with him as
does a young prostitute. Much action takes place in her bordello, and sex
triumphs over politics, love and anarchy. Wertmuller's best film next to
SWEPT AWAY. In Italian color. Short: MIGHTY MOUSE CARTOON.
Sunday free showing:
THE PLAYBOY OF THE WESTERN WORLD
(at 8 only)
TONIGHT AT O. ARCH AUD
CINEMA GUILD 7:30&. 9:3 $.5

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