Page 2-Wednesday, May 2, 1979--The Michigan Daily

THE MICHIGAN DAILY
(USPS 344-900)
Volume LXXXIX, No. 1-S
Wednesday, May 2, 1979
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S.Africa
(Continued from Page,))
report.
The study said, "It would be naive to
deny the fact or ignore the effect of in-
ternational attempts to influence labor
and other policies in South Africa."
The government protected the 4.4
million white minority members with
employment laws at the expense of the
nation's other 26.6 million residents,
most of them blacks, who earn perhaps
five to nine times less than whites.
If the commission recommendations
are accepted and the current laws are
changed by the all-white Parliament,
blacks would not only be entitled to

panel wants refo0rm_
form their own labor unions, but also to operating here, to U.S. college campus
negotiate with management and to protests calling for an economic
strike. boycott of South Africa.
The commission argued that denial of The chairman of J.P. Morgan in-
trade union rights to South Africa's vestment bankers yesterday branded
black majority "would constitute a as cynical Yale University's decision to
rallying point for 'underground' ac- sell its $900,000 worth of stock in the
tivity, whether in the form of illicit company because it makes loans to
organization within South Africa or ex- white-ruled South Africa.
patriate unions operating from across Yale's board of directors decided to
South Africa's borders." sell its Morgan shares because the
Overseas pressure on South Africa banking company said its policy was to
for its policy of segregation has ranged decide South African loans on a case by
from the implementation of codes of case basis and added that it was willing
conduct, designed to bring about to make loans directly to that country's
equality in foreign companies government.

-r

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