LANSING (AP)-The Mich-
igan Senate voted yesterday to
wait until after the November
election to consider legislation
calling for the state to sell off stock
of companies doing business in
Senators voted 18-17 to postpone
debate on the bills until Nov. 12.
Backers immediately promised to
try to reverse that decision.
"Reconsideration will occur in
the next couple of days," said Rep.
Perry Bullard (D-Ann Arbor),
who helped steer the divestiture
legislation through the House.
Bullard and other divestiture
backers believe selling the state-
held stocks would be a potent
gesture of opposition to apartheid,
South Africa's system of legal
Divestiture is targeted at South
Africa's economy. Supporters say postpone consideration of the
selling the stocks would put House-passed divestiture plan
pressure on business and in- because some Senate Democrats
directly pressure South Africa's were pushing for an immediate
white minority government. vote.
"It comes down to apartheid Engler (R-Mount Pleasant)
and whether we want to support said he wants the Senate to look
apartheid by delaying tactics or more closely at the possibility that
whether we want to deal with state tax dollars would be tapped to
apartheid straight up and our make up for lost revenue after
involvement with it," said Rep pension funds were forced to sell
Virgil Smith (D-Detroit), the blue-chip stocks.
legislation's prime sponsor. Officials said the size of the
The legislation calls for losses would depend on the stocks'
Michigan to gradually dump $2.7 performance in the market.
billion worth of stocks held by "A number of people who wish
pension funds. to make the gesture in this case
The stocks would be sold off are doing it with other people's
over five years, with shares in money," Engler said.
Michigan-based companies drop- If approved and signed by Gov.
ped last. James Blanchard, who backs
Senate Majority Leader John divestiture, the law would take
Engler said he moved to formally
effect June 1.
Some senators argued that
gives them plenty of time to
scrutinize the proposal.
"Why the sudden rush to take
up the bills?" said Sen. Vern
Ehlers (R-Grand Rapids). "I
would urge this body to take its
Democrats who've made
divestiture a priority were angry
at the decision to postpone debate.
"Every day that we delay is a
delay in whatever influence or
impact will be caused by the bills
for change in South Africa," said
Sen. Lana Pollack (D-Ann
"This legislature has been con-
sidering for at least five years the
question of South African
divestiture and only the Senate
The Michigan Daily - Wednesday, September 17, 1986 - Page 5
has been unable to come to the 1980 Michigan law forbids the
conclusion where, morally, we state~ from depositing surplus
should be on this issue," funds in banks that make loans to
complained Sen. John Kelly (D- South Africa.
Engler maintains foreign
policy is the job of the president.
"I do not feel divestiture is an
appropriate state issue," he told W EEKEND
So far, 10 states have di -
vestiture legislation on the books.
A 1982 Michigan law ordered Fridays in The Daily
public colleges and universities to 763-0379
sell stocks held in companies that
do business in South Africa. A
_U' experts say S. Africa
Psanctions are not severe
Barbara Ransby, a member
of the Free South Africa
Coordinating Committee, said
the exclusion of sanctions on
coal-which West Germany
demanded as part of the pack-
age-dilutes the sanctions.
West Germany is putting
pragmatic .economic concerns
ahead of principles," Ransby
Severe economic sanctions
could have an effect on South
Africa, but the current sanctions
"do too little too late," Ransby
said, adding that the European
nations are waiting to see what
the United States does before
v taking further steps.
Ali AI'Amin Mazrui, a
political science professor who
teaches a class on African
politics, said the sanctions
would not have a dramatic
impact on South Africa's
economy, but would send a
message to South Africa's
leaders. "The South African
leaders will feel they have been
deserted by their Western
Denmark, Ireland, and the
Netherlands have been putting
pressure on the other Common
Market nations to adopt South
African sanctions, Mazrui said,
while West Germany, Portugal,
and England have resisted
"West Germany and
Striking casino workers threw
eggs at gamblers and blocked
buses yesterday in the first day of
a strike over wages and benefits
by some 13,000 people who serve
drinks, make beds and provide
The incidents, following a
night of violent episodes, led a
judge to grant an order
restricting the number of pickets
at, he casino entrances to three
and limiting the union to four
rallies a day on the Boardwalk
with no more than 50 people.
Contract talks between the
Atlantic City Casino Association,
1 which represents seven of the
ejght casinos affected by the
strike, and Local 54 of the Hotel
and Restaurant Employees and
Bartenders International Union
reached an impasse late last
England do not want to suffer
the economic costs, and Portugal
is concerned with protecting the
half million Portuguese who
now live in South Africa,"
Mazrui said he was surprised
that England did not join West
Germany in opposing coal
sanctions. "This is the first
time that England did not unite
with West Germany to oppose
sanctions," he said.
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on your mind
to do today?
10. MSA mass meeting
Wed., Sept. 17, 7:30pm
We know that the MSA Mass Meeting probably
isn't high on everybody's list of priorities.
But there are many reasons for you to get
involved this year such as: learning how the
University works, helping students find what they
need, writing and publishing a newspaper, or a lot of
other interesting and exciting projects and issues that
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or 815-895-2443 or
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