The Nation - News from May 27, 1985

Trustees of Hobart & William Smith Colleges have decided to make no new investments in companies doing business in South Africa, college officials said in Geneva, N.Y. The trustees also voted to withdraw investments of college endowment money from companies that have not signed or are not in compliance with the Sullivan Principles. Companies following those principles pledge to avoid discriminatory practices and to encourage non-whites to train for and seek management positions. The meeting followed several weeks of protests by students who are opposed to apartheid, the South African government’s policy of racial separation.