EthInves ver 2.0
		   The On-disk Almanac of Ethical Investing
		   
			 copyright 1988 Jerry Whiting
		       PO Box 20821, Seattle, WA  98102
	 
	    >>> >>> REV. SULLIVAN & THE DIVESTMENT MOVEMENT <<< <<<
	    
	    
		 >>> Rev. Leon Sullivan's 6/3/87 Statement <<<
	    
	 I have assessed, to the best of my ability, the situation as
	 it now exists in the Republic of South Africa, and I have
	 reached the decision that the time has come for American
	 companies, and the United States of America, to take a
	 definitive stand against the evils of apartheid.
	    
	 Therefore, today, I am calling for the withdrawal of all
	 United States companies from the Republic of South Africa,
	 and for a total United States embargo against that country,
	 until statutory apartheid is ended, and Blacks have a clear
	 commitment for equal political rights, and I am calling on
	 the President of the United States to end diplomatic
	 relations with South Africa until the atrocities against
	 Black people end, and apartheid is dismantled.
	    
	 As of May, 1985, I stated if in twenty-four months statutory
	 apartheid was not ended, and there was not a clear commitment
	 of the vote for Blacks, equal to whites, I would call on the
	 companies to leave South Africa, and call for an American
	 embargo.  The conditions have not been remotely met. 
	 Therefore, after careful, painstaking, and prayerful
	 consideration, I am making this statement.
	    
	 This action comes after years of effort with the Sullivan
	 Principles to help, along with other thrusts, to bring about
	 fundamental change in that country; and I want it clearly
	 known, I am proud of the work of the Sullivan Principles, and
	 proud of the efforts of those companies who have followed
	 them. The Sullivan Principles, initiated March 1, 1977, ten
	 years ago, have been a tremendous force for change in South
	 Africa.
	 
	 When the Sullivan Principles were introduced ten years ago, a
	 Black man did not even have the legal status as a worker in
	 South Africa.  The Principles broke new ground for Black
	 rights in South Africa that had not existed for 300 years. 
	 They have caused a revolution in industrial race relations
	 for Black workers in that country.
	 
	 These equal rights standards, followed by many American
	 companies, have lead the way in promoting equal pay for equal
	 work, fair employment practices, recognition of independent
	 free Black trade unions, extensive educational training
	 programs, the promotion of Blacks to management and
	 supervisory jobs, the initiation of hundreds of Black owned
	 businesses, the building of schools and health facilities,
	 and the improvement of the quality of life in many other ways
	 for hundreds of thousands of Blacks, far, far beyond the
	 small number employed by American companies.
	 
	 The Sullivan Principles have been a catalyst for change
	 throughout the Republic of South Africa.  Also, in recent
	 years, as the Principles have evolved, some United States
	 companies have begun to challenge the apartheid system
	 itself, and have begun to practice "corporate civil
	 disobedience" against apartheid practices, regulations and
	 laws.
	 
	 Many United States companies engaging in this effort have
	 left a notable record in corporate social responsibility in
	 South Africa.  Whatever happens in the future, the work of
	 many of the companies to change conditions for Blacks has
	 been outstanding.  Still, in spite of these and other
	 efforts, the main pillars of apartheid still remain, and
	 Blacks are still denied simple basic human rights in their
	 own country, and are still deprived of the right to vote.
	 
	 In spite of appeals, and protests, and cries for change and
	 justice within South Africa, repression grows, thousands are
	 jailed without trial, including little children, people are
	 brutalized, beaten and killed, dissent is ruthlessly
	 suppressed, and the press is muzzled.  Intransigence to
	 fundamental change continues, and, today, the government
	 pushes back even minimal progress and reform.  South Africa
	 has become a nation of oppression and a police state, and the
	 continuation of apartheid and its inhumanities against Blacks
	 goes on.  There is no greater moral issue in the world today
	 than apartheid!
	 
	 Somewhere, somehow, it must be said, as loudly and as
	 clearly, and as firmly possible, that what is happening in
	 South Africa to Black people is immoral, and it is wrong, and
	 it must be brought to an end.  Not ten years from now, or
	 five years from now, or three years from now, but now.
	 
	 The winds of change have reached South Africa, and the winds
	 will not be subdued until the people have no less than their
	 full economic, social and political freedom.  And violently,
	 or non-violently, Black people in South Africa are going to
	 have it.  And nothing can, or will, end the rising surge of
	 the people's aspirations for their freedom and for justice in
	 South Africa, but the elimination of the apartheid system
	 itself, which is the root cause of the nation's problems.
	 
	 South Africa is at the crossroads.  Either South Africa can
	 go the direction of a unitary free South Africa, or the
	 direction of a chaotic revolution, with the killing of
	 millions people, the destruction of a country, and the
	 devastation of the entire southern region of Africa; leading
	 to the possibility of the confrontation of the world's great
	 nuclear powers at that strategic point of the world, as a
	 race war would certainly become an ideological war.  And
	 should the United States become involved in such a war, as
	 most assuredly we would, one way or the other; race riots
	 would break out in every major city in the country, far worse
	 than anything ever seen in the history of America.
	 
	 It is in the interest of peace in South Africa, and peace in
	 the world, and peace in America, that apartheid must be
	 ended.  The evils of apartheid are broader than South Africa.
	 Apartheid is against the will of God, and the humanity of
	 man; and like Nazism and Facism, it must be stopped.  America
	 and the world must draw a line, and speak out, and act
	 against it.  If the world had stopped Hitler in time, we
	 might not have had World War II.
	 
	 It is clear the South African government does not intend to
	 end apartheid on its own.  Since the recent elections, the
	 government ahs become more defiant to further change. 
	 Therefore, something must be done now to dramatize the issue
	 before America and before the world.  Every moral, and
	 economic, and political force must be brought to bear to help
	 influence the South African government to move towards
	 dismantling the apartheid system, while there is still time.
	 
	 In this regard, America, a leader of the free world, should
	 take the lead, including our companies and our government,
	 hoping others in the world will follow.
	 
	 Therefore, today, as the strongest possible American non-
	 violent protest against the continuing existence of
	 apartheid, and with the maximum non-violent use of moral,
	 corporate, and government force against that inhumane system,
	 I call on all American companies to withdraw from the
	 Republic of South Africa, until statutory apratheid has been
	 abolished, and there is a clear commitment of the vote for
	 Blacks, in accordance with agreements reached with authentic 
	 and representative Black South African leaders.
	 
	 Also, I call on the United States to enact, with urgency, a
	 total United States economic embargo against South Africa,
	 all exports and imports, including gold and diamonds, and to
	 seek South African sourced vitally needed materials
	 elsewhere, or to seek alternatives, or to stockpile, or to
	 recycle, or to do without.
	 
	 I further call on the Congress to consider stringent
	 penalties against United States trading partners who assume
	 markets left by departing United States companies, and who
	 continue to do business in South Africa, such as the
	 Japanese.
	 
	 I, also, call on the President of the United States to break
	 all Diplomatic Relations with South Africa, until atrocities
	 against Black people end, and apartheid is dismantled.
	 
	 Should, at any time, the South African government abolish
	 statutory apartheid, and commit itself to equal voting rights
	 for Blacks, in accordance with agreements reached with
	 authentic and representative Black South African leaders,
	 restrictions against American companies operating in South
	 Africa should be lifted, and American companies should be
	 free to return to the country, along with unlimited United
	 States investments in a unitary Free South Africa.
	 
	 This Call for Withdrawal excludes Philanthropic and
	 Educational initiatives, and the Media.
	 
	 This is my message to the companies of America, the Congress
	 and the President of the United States, and to the Government
	 of South Africa.
		     
		 >>> The Sullivan Statement of Principles <<<
			  >>> Fifth Amplification <<<
			    >>> March 10, 1987 <<<
	 
       Principle 1 Non-Segregation of the races in all eating,
       comfort and work facilities
	 
	 Each signator of the Statement of Principles will proceed
	 immediately to:
		Eliminatae all vestiges of racial discrimination.
		Remove all race designation signs.
		Desegregate all eating, comfort and work facilities.
	 
       Principle 2 Equal and fair employment practices for all employees
	 
	 Each signator of the Statement of Principles will proceed
	 immediately to:
		Implement equal and fair terms and conditions of
		  employment.
		Provide non-discriminatory eligibility for benefit
		  plans.
		Establish an appropriate and comprehensive procedure
		  for handling and resolving individual employee complaints.
		Support the elimination of all industrial racial
		  discriminatory laws which impede the implementation of
		  equal and fair terms and conditions of employment, such as
		  abolition of job reservations, job fragmentation, and
		  apprenticeship restrictions for Blacks and other non-
		  whites.
		Support the elimination of discrimination against the
		  rights of Blacks to form or belong to government
		  registered and unregistered unions and acknowledge generally
		  the rights of Blacks to form their own unions or be repre-
		  sented by trade unions which already exist.
		Secure rights of Black workers to the freedom of
		  association and assure protection against victimization while
		  pursuing and after attaining these rights.
		Involve Black workers or their representatives in the
		  development of programs that address their educational and
		  other needs and those of their dependents and the local
		  community.
	 
       Principle 3 Equal pay for all employees doing equal or comparable work 
       for the same period of time
	 
	 Each signator of the Statement of Principles will proceed
	 immediately to:
		Design and implement a wage and salary administration
		  plan which is applied equally to all employees, regardless
		  of race, who are performing equal or comparable work.
		Ensure an equitable system of job classifications,
		  including a review of the distinction between hourly and
		  salaried classifications.
		Determine the extent upgrading of personnel and/or
		  jobs in the upper echelons is needed, and accordingly
		  implement programs to accomplish this objective in
		  representative numbers, insuring the employment of Blacks
		  and other non-whites at all levels of company operations.
		Assign equitable wage and salary ranges, the minimum
		  of these to be well above the appropriate local minimum
		  economic living level.
	 
       Principle 4 Initiation of an development of training programs
       that will prepare, in substantial numbers, Blacks and other non- 
       whites for supervisory, administrative, clerical and technical jobs
	 
	 Each signator of the Statement of Principles will proceed
	 immediately to:
		Determine employee training needs and capabilities,
		  and identify employees with potential for further advancement.
		Take advantage of existing outside training resources
		  and activities, such a exchange programs, technical colleges,
		  and similar institutions or programs.
		Support the development of outside training facilities,
		  individually or collectively - including technical centers,
		  professional training exposure, correspondence and extension
		  courses, as appropriate, for extensive training outreach.
		Initiate and expand inside training programs and facilities.
	 
       Principle 5 Increasing the number of Blacks and other non-whites in
       management and supervisory positions
			
	 Each signator of the Statement of Principles will proceed
	 immediately to:
		Identify, actively recruit, train and develop a
		  sufficient and significant number of Blacks and other
		  non-whites to assure that as quickly as possible there will
		  be appropriate representation of Blacks and other non-whites
		  in the management group of each company at all levels of
		  operations.
		Establish management development programs for Blacks
		  and other non-whites, as needed, and improve existing
		  programs and facilities for developing management skills of
		  Blacks and other non-whites.
		Identify and channel high management potential Blacks
		  and other non-white employees into management development
		  programs.
	 
       Principle 6 Improving the quality of employees' lives outside
       the work environment in such areas as housing,transportation,
       schooling, recreation and health facilities
		
	 Each signator of the Statement of Principles will proceed
	 immediately to:
		Evaluate existing and/or developing programs, as
		  appropriate, to address the specific needs of Black and
		  other non-white employees in the areas of housing, health
		  care, transportation and recreation.
		Evaluate methods for utilizing existing, expanded or
		  newly established in-house medical facilities or other
		  medical programs to improve medical care for all non-whites
		  and their dependents.
		Participate in the development of programs that
		  address the educational needs of employees, their dependents,
		  and the local community.  Both individual and collective
		  programs should be considered, in addition to technical
		  education, including such activities as literacy education,
		  business training, direct assistance to local schools,
		  contributions and scholarships.
		Support changes in influx control laws to provide for
		  the right of Black migrant workers to normal family life.
		Increase utilization of and assist in the development
		  of Black and other non-white owned and operated business
		  enterprises including distributors, suppliers of goods and
		  services and manufacturers.
	 
       Principle 7 Working to eliminate laws and customs which
       impede social, economic and political justice
	 
	 Each signator of the Statement of Principles must proceed
	 immediately to:
		Press for a single education system common to all races.
		Use influence and support the unrestricted rights of
		  Black businesses to locate in the urban areas of the
		  nation.
		Influence other companies in South Africa to follow
		  the standards of equal rights principles.
		Support the freedom of mobility of Black workers,
		  including those from the "so-called" independent homelands,
		  to seek employment opportunities wherever they exist and make
		  possible provisions for adequate housing for families of
		  employees within the proximity of workers' employment.
		Use financial and legal resources to assist Blacks,
		  Coloureds and Asians in their efforts to achieve equal access
		  to all health facilities, educational institutions,
		  transportation, housing, beaches, parks and all other
		  accommodations normally reserved for Whites.
		Oppose adherence to all apartheid laws and regulations.
		Support the ending of all apartheid laws, practices
		  and customs.
		Support full and equal participation of Blacks, Coloureds
		  and Asians in the political process.
	 
	 With all the foregoing in mind, it is the objective of the
	 companies to involve and assist in the education and training
	 of large and telling numbers of Blacks and other non-whites
	 as quickly as possible.  The ultimate impact of this effort
	 is intended to be of massive proportion, reaching and helping
	 millions.
	 
       Periodic Reporting
	 
	 The Signatory Companies of the Statement of Principles will
	 proceed immediately to:
		Report progress on an annual basis to Reverand
		  Sullivan through the independent administrative unit he
		  has established.
		Have all areas specified by Reverand Sullivan audited
		  by a certified public accounting firm.
		Inform all employees of the company's annual periodic
		  report rating and invite their input on ways to improve
		  the rating.
	 
	>>> Signers of the Sullivan Principles, Fifth Amplification <<<
			  >>> as of July 1, 1987 <<<
	 
	 *   Companies with direct investment in South Africa
	     as of July 1, 1987
	 +   Companies with indirect South African dealings via licensing,
	     distribution or franchise agreements 
	     as of July 1, 1987
	 
	 Abbott Laboratories*
	 Alexander & Alexander Services Inc.
	 Allied-Signal Inc.*
	 Allis-Chalmers Corp.*
	 Amdahl Corp.*
	 American Airlines Inc.
	 American Brands Inc.*
	 American Cyanamid Co.*
	 American Express Co.+
	 American Intl. Inc. ?Am Intl. Group Inc.*

	 Baker Intl.*
	 Baltimore Intl.
	 Bandag Inc.*
	 Bausch & Lomb Inc.*
	 Bechtel Group Inc.*
	 Becor Western Inc.*
	 Borden Inc.*
	 Borg-Warner Corp.*
	 Bristol-Myers Co.*
	 Butterick Co. Inc.*

	 CIGNA Corp.*
	 Caltex Petroleum Corp.
	 Carlton Paper Corp. Ltd.
	 Carrier Corp.
	 J.I. Case Corp.
	 Caterpillar Inc.*
	 Champion Spark Plug Co.*
	 Chase Manhattan Corp.
	 Citicorp.
	 Colgate-Palmolive Co.*
	 Combustion Engineering Inc.*
	 Control Data Corp.*
	 Coulter Electronics Inc.*
	 Crown Cork & Seal Co. Inc.*
	 Cummins Engine Co. Inc.+
	 
	 Deere & Co.*
	 Del Monte Corp.*
	 Deloitte Haskins & Sells
	 Diners Club South Africa PTY LTD
	 Donaldson Co. Inc.*
	 Dow Corning Corp.*
	 Dresser Industries Inc.*
	 E.I. dupont de Nemours & Co. Inc.*
	 
	 Eli Lilly & Co.*
	 Emery Air Freight Corp.
	 Englehard Corp.+
	 Estee Lauder Inc.*
	 
	 Federal-Mogul Corp.*
	 Ferro Corp.*
	 Firestone Tire & Rubber Co.+
	 Fluor Corp.*
	 FMC Corp.*
	 Foote, Cone & Belding Communications*
	 Ford Motor Co.
	 Foster Wheeler Corp.+
	 Franklin Electric Co. Inc.*
	 Fruehauf Corp.*
	 
	 GAF Corp.*
	 GenCorp.
	 Gillette Co.*
	 The Goodyear Tire & Rubber Co.*
	 Grey Advertising Inc.*
	 Grolier Intl. Inc.*
	 
	 Frank B. Hall & Co. Inc.*
	 Harnischfeger Corp.*
	 The Harper Group*
	 Hewlett-Packard Co.*
	 Honeywell Inc.+
	 Hoover Co.*
	 
	 IMS Intl. Inc.*
	 ITT Corp.*
	 Ingersoll-Rand Co.*
	 Intergraph Corp.*
	 Intl. Correspondence Schools Inc.
	 Intl. Flavors & Fragrances Inc.*
	 Interpublic Group of Cos. Inc.*
	 
	 John Wiley & Sons Inc.+
	 JWT Group Inc.*
	 Johnson & Johnson Co.*
	 S.C. Johnson & Son Inc.*
	 Joy Manufacturing Co.*
	 
	 Kellog Co.*
	 Kennametal Inc.*
	 Kimberly-Clark Corp.*
	 
	 Leco Corp.*
	 Loctite Corp.*
	 
	 Marsh & McLennan Cos. Inc.*
	 Martin Marietta Corp.
	 Masonite Corp.
	 Medtronic Inc.*
	 Merck & Co. Inc.*
	 Midland-Ross Corp.*
	 Mine Safety Appliances Co.*
	 Minnesota Mining & Manufacturing Co.*
	 Mobil Oil Corp.*
	 Molex Intl. Inc.
	 Monsanto Co.*
	 J.P. Morgan & Co. Inc.
	 
	 NCR Corp.*
	 Nabisco Brands Inc.*
	 Nalco Chemical Co.*
	 Newmont Mining Corp.*
	 
	 The Ogilvy Group Inc.*
	 Olin Corp.*
	 Otis Elevator Co.
	 Owens-Illinois Inc.*
	 
	 Pan American World Airways Inc.*
	 Parker Hannifan Corp.*
	 Pfizer Inc.*
	 Phelps Dodge Corp.*
	 Phillips Petroleum Co.
	 Pizza Inn of South Africa LTD
	 Premark Intl. Inc.
	 
	 Raychem Corp.*
	 Raytheon Co.*
	 The Reader's Digest Assoc. Inc.*
	 Revlon Inc.
	 Rexnord Inc.*
	 Reynolds & Reynolds Co.*
	 RJR Nabisco Inc.* 
	 The Robbins Co.*
	 Rockwell Intl. Corp.
	 
	 Schering-Plough Corp.*
	 Joseph E. Seagram & Sons Inc.
	 Sigmaform Corp.*
	 SmithKline Beckman Corp.*
	 Southern New England Telephone
	 Square D Co.*
	 Squibb Corp.*
	 The Standard Oil Co.*
	 Sterling Drug Inc.*
	 Strategic Minerals Corp.
	 Sunland Foods (Pty) Ltd.
	 
	 Tambrands Inc.*
	 Tenneco Inc.*
	 Time Inc.
	 Tokheim Corp.*
	 Trans World Airlines Inc.+
	 Trinovia Inc.* (Libbey-Owens-Ford Co.)
	 Twin Disc Inc.*
	 
	 Union Camp Corp.*
	 Union Carbide Corp.*
	 Unisys Corp.*
	 The Upjohn Co.*
	 USX Corp.*
	 
	 Video Vision Enterprises (Pty) Ltd
	 
	 Wang Laboratories Inc.
	 Warner-Lambert Co.*
	 Westinghouse Electric Corp.+
	 Wilbur-Ellis Co.
	 
	 Xerox Corp.