From: harelb@math.cornell.edu
Newsgroups: alt.activism
Date: 08 Jan 93 17:53 PST
Subject: Dartmouth divests from Hydro-Quebec
Nf-ID: #N:9301090151.AA18924@tba.msi.corne:409827115:000:3558
Nf-From: math.cornell.edu!harelb    Jan  8 17:53:00 1993


From: harelb@math.cornell.edu (Harel Barzilai)
Subject: Dartmouth divests from Hydro-Quebec


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Newsgroups: misc.activism.progressive
From: rich@pencil.cs.missouri.edu (Rich Winkel)
Subject: Dartmouth divests from Hydro-Quebec
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/** gen.nativenet: 446.0 **/
** Topic: Dartmouth Divests from Hydro-Quebec **
Original-Sender: Justin.A.Ruben@dartmouth.edu
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*****For immediate release*****


CONTACT:  		Justin Ruben  (603) 640-5033	
	                Tracy Canard  (603) 640-5156	

DARTMOUTH DIVESTS FROM HYDRO-QUEBEC: STUDENT ADVOCATES VOW TO BRING
CAMPAIGN TO OTHER INSTITUTIONS AROUND THE COUNTRY

(HANOVER, NH) - December 18, 1992-- After months of discussion and
debate, the Trustees of Dartmouth College announced today their
decision to divest from Hydro-Quebec (HQ).  The decision follows
sustained pressure from students, faculty and alumni, who argue that
the provincial utility's James Bay hydroelectric projects are
environmentally and culturally destructive.

Acknowledging that "many believe...the College's involvement is
inconsistent with its traditions, history, community standards and
values" the Trustees directed the College to sell its $6.8 Million in
HQ bonds.  "The Trustees have reaffirmed Dartmouth's commitment to
Native Americans and environmental issues," said Bart Bingenheimer
'94, a member of student coalition Dartmouth Divest Hydro-Quebec
(DDHQ). "This decision is a tremendous victory for those of us who
believe that the institutions financing Hydro-Quebec's projects must
be held responsible for their disastrous consequences."

While Dartmouth is the first institution in the United States to
divest, similar campaigns are underway at Tufts, Harvard, and Boston
University, and the Massachusetts legislature is currently considering
divesting of HQ bonds held in state pension funds.  "Because
Hydro-Quebec needs financing from the international market to continue
with its mega-projects, it also needs the approval of the
international community.  For HQ, Dartmouth is the sharp end of a very
powerful wedge; we hope that as more and more institutions signal
their disapproval, Hydro-Quebec will find it harder and harder to
continue," said Justin Ruben '95, a DDHQ member.  In the next year,
DDHQ intends to bring their campaign to colleges and universities
around the country.

The divestment campaign began in January when Native American students
and environmental activists joined forces to form DDHQ.  Protests,
petitioning, banner-hangs, meetings with the administration and a
unanimous Student Assembly resolution followed as the movement
gathered strength.  Dartmouth's Native American community felt
particularly strongly that the college must divest.  "In 1992, when
many Native Americans are reflecting upon the past 500 years, its
important that the College listen to Native students and address the
present destruction of Native Cultures.  It means a lot to me
personally that the College has reaffirmed its commitments in this
instance."  said Eric Jordan '94, a member of DDHQ and Native
Americans at Dartmouth.

A press release is available from the Dartmouth College News Service
at (603) 646-3661.

***************************
More info to come in the next few days.

                  Justin Ruben
								
Dartmouth Divest H-Q
								
justin.ruben@dartmouth.edu
** End of text from cdp:gen.nativenet **

Newsgroups: alt.activism