page eight

Montreal [CUP] - A
second Quebec college
student union has _trans-
ferred its account from the
Royal Bank of Canada,
citing the bank’s South
African loan policy as its
reason.

Council president Stephen
Caminsky wrote to the bank
late last year informing the
institution of the decision.
The letter stated the
governmnet of South Africa
inforces a_ policy’ of
apartheid and racial dis-
crimination and that the

council is ‘vehemently
opposed to such policies’’.
The Royal Bank re-

sponded by sending Cam-
insky an information pack-
age on its policies toward
South Africa.

In a letter to Caminsky,
bank president R.C. Frazee
said, ‘‘Each individual loan
proposition is carefully
examined, not only from
the traditional point of view

but also from the per-
spective of social respon-
sibility.

‘*..the bank will not make
loans to any borrower in
South Africa where the
bank judges that the funds
will support or facilitate the
application of the apartheid
policy or that country’s past

 

 

 

Re

of security risk and return.

i Quebec college transfer

accounts out of
Royal Bank

laws system. ’’

Included in this _ in-
formation package was a
copy of an advertisement in
the Wall Street Journal
explaining the hardships
that South African banks
would suffer if Canadian
banks were boycotted.

A.1978 press release said
that ‘‘the Royal bank is the
first. canadian - bank to
reveal that it has not made
loans to the South African
government or its agencies
for almost 2 years’’.

Another press release said
that in many cases money
loaned to South Africa is
used to improve the social
welfare of blacks.

David Lai, then Vanier
council Treasurer, said he
thought the letter to the
bank might influence other
people or groups to change
banks.

Caminsky said any loans
to South Africa supports
the government and he is
not personally convinced
that the Royal Bank’s loans
do not further the racist
regime. He was not
surprised by the bank’s
response.

Last year the Dawson
College students’ council
moved its account from a
bank which deals with
South Africa.

HOT
LUNCH
*1.99

Regular Soft Drink

Chicken Chicken
B-B-Q-Q

KITTY CORNER TO N:W: CAMPUS

The Other Press

March 3, 1980

 

 

 

 

 

Tired of swellowiie bullshit?

Write for The Other Press

Drop by the New West office or
phone 525-3830.

 

 

Phillippine dictarship fall

Manila [ZNS] - Pacific
News Service (PNS) reports
that the eight-year dicta-
torship of Philippine pre-
sident. Ferdinand Marcos
may be headed for a fate
similar to that of the Shah
of Iran and _ Anastasio
Somoza of Micaragua.

PNS says there is a rising
level of unrest in the
Philippines as a result of a
faltering economy and a
cost of living that has
doubled since ~ Marcos

 

Promises, Promises, Pro-
mises! First this party says
it will decriminilize pot,

then that party claims
they’Il legalize it. First we
elect this party and they do
nothing. Now we elect that
party and odds are they'll

do nothing either. Where
does it all end?
| mean, it’s not that |

really mind smoking on the
sly...it’s gotten to be a
habit; but really...the
PRICES are OUTRAGE-
OUS! what happened to
the good old days when a
nickel bag was a quarter
ounce (be weight) and only
costs 5 bucks? Twenty-five
dollars is awfully damned
steep for a bag that lasts
only one weekend for a
moderate, lonely smoker.

| was under the impres-
sion that the government
was supposed to be on our

side. We put them in
power, after all, and
without us, they’re

nothing. So why can’t they
appease us a bit?

Think of it! No more
middle men raising the
prices and cutting high-
grade grass with oregano
and tea leaves. No more

paraquat. | mean, couldn’t
’

instituted martial law eight
years ago.

According to PNS, mili-
tant anti-Marcos opposition

has arisen on _ college
campuses, among _ the
‘Catholic clergy, and

throughout the Philippines,
causing Marcos to increase
the numbers’ in the
Philippine army to —a
quarter million, up from
just 60,000 when marital
law began.

   

you : dig the feeling of

‘security you’d have if your

ounce were factory sealed
and stamped ‘‘Government
Inspected, Certified Finest
Quality’? Think of what if
would mean to your local
drug store! And let’s not
forget our poor, impover-
ished, long-suffering farm- -
ers...what a cash crop!

And if they couldn’t sell it
all (hypothetically
speaking, of course) they
could always smoke the
surplus and. forget about
their‘cares and woes. The
term ‘weekend — farmer’
would take on a whole new
meaning.

People (especially politi-
cians) are always talking
about curbing inflation well
isn’t it time we did
something? Really!
Inflation has hit hardest in
the under-the-counter drug
market; wouldn’t that be a
good place to start? If our
government would step in
(instead of on) they could
kill one bird and mortally
wound another. No longer
would our hard-earned
dollars go into organized
crime. If they’d legalize our
favorite vice the money
could be leaned against our
taxes! Oh, wouldn’t that be

The news service says that
american investors who
once praised the advan-
tageous business climate of
the Philippines are now
warning of a ‘‘volatile
environment’’ and pulling
out their investment cap-
ital.

PNS says that capital
outflows also characterized
the months leading up to
the ‘overthrow of the
governments both in Iran
and Nicaragua.

 

nice...lower taxes, lower
prices on pot, ...more
money to buy more dope
with! ECSTACY!

When was the last time }.
you paid inflationary prices
for a bag of weed that
couldn’t confush a cater-
pillar? Aren’t you sick of
it? | think we should all
write short notes to our
MP’s demanding the legal-
ization of pot (the- notes
would have to be short if
you wrote it on one side of a
zig-zag cutcorners roling
paper). I’d suggest a bribe,
but who can afford it with
the price of pleasure so
high!
Legalization may not be
the answer to inflation, but
it sure as hell would help us
all feel better about it!
Smoking grass shouldn't be
the exclusive privilege of
the filthy rich: we all have
the right to get fucked!
Stand up for your rights! —
Tell’em if they don’t
legalize it you’ll squeeze
‘em out between a pair of
red-hot knives!

Roy Torney

Other Opinion is a column,
of thought written by stu-
dents, faculty and em-
ployees of Douglas College.

‘Submissions must be 600
words or less of type-.
written, doublespaced
copy. Submissions over 600
words may be edited to the

proper length. sash