Search the Archive

South Africa / United States Divestment #301887

CBS Evening News for Sunday, Feb 17, 1985
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Harvard and Stanford univs. reported divesting themselves of stock in companies doing business with South Africa.
REPORTER: Bob Schieffer

(DC) Strategy of anti-apartheid movement noted incl demonstrations and arrests outside South African embassy here; Stevie Wonder's arrest shown. [S. African ambassador Bernardus FOURIE - claims to be unaware of protesters.] Incr. pressure on United States companies in South Africa to withdraw discussed; states and cities passing laws to sell their holdings in such firms listed on screen. [Pittsburgh city comptroller Thomas FLAHERTY, local NAACP (National Association for the Advancement of Colored People) spokesperson Chase KINDLE - support divestment.] Move by some banks to liquidate loans to South Africa or prohibit such lending altogether noted; Polaroid, Chrysler and Ford mentioned pulling out of South Africa. [Stk. broker Robert SCHWARTZ - discusses economy implications for companies] Divestment opponents' argument outlined; Zulu chief Gatsha Buthelezi recalled recent White House guest of President Reagan. [BUTHELEZI - believes divestment will harm blacks more than whites.] [FOURIE - considers divestment movement contradictory to free enterprise and free trade.]

Ford, Sam;
Schieffer, Bob

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.