2The Daily Tar Heel Wednesday, April 17, 1985
NCNB to eimdLl'osunis to
By SCOTT LARSEN
Staff Writer
NCNB recently announced plans to end all loans
to banks in South Africa, though they will continue
to loan funds to private companies in South Africa,
said an NCNB spokesman.
Rusty Page, director of NCNB corporate commun
ications, said NCNB believed that financing trade and
economic growth in South Africa was in the best
interest of all South Africans.
Page said NCNB didn't support or condone the
policies of apartheid and didn't feel that doing business
in South Africa was direct or indirect support of
apartheid.
NCNB's action resulted from internal mispercep
tions about the bank's extending loans to the South
African government. In 1984, NCNB had loaned out
a total of $130 million in South Africa, Page said.
"That amount is down considerably, by over 100
percent from the previous year," Page said.
Of that $ 1 30 million in loans, $7 million was shown
to have gone to the Central Bank ol South Africa,
Page said. Some NCNB shareholders perceived the
Central Bank to be an agency of the South African
government, he said.
Dale McKinley, co-chairman of the UNC branch
of the Democratic Socialist Party of America and
a member of the Anti-Apartheid Coalition at UNC,
said NCNB had made a $100 million loan to South
Africa Breweries. McKinley got this information from
the United Nations Center Against Apartheid.
"I'm not at all convinced that NCNB will continue
to withhold loans," McKinley said. "It (the announce
ment) was in response to pressure from people in
North Carolina."
NCNB's involvement in South Africa has histor
ically been to finance the importation of capital goods,
such as heavy construction equipment, Page said.
"This creates jobs, hospitals, offices and promotes
overall economic development," Page said. "We think
this kind of activity is good for all South Africans.
"We have never loaned money to the government
of South Africa, period."
Page said because of a misperception of the Central
Bank being owned by the South African government,
NCNB decided to eliminate all loans to the Central
Bank.
"We will loan only to the private sector," he said.
No particular group or organization had put
pressure on NCNB, Page said. The bank was aware
that public misunderstanding of their South African
dealings could become a divisive force in the
community, he said.
Neither First Union National Bank nor Wachovia
Bank and Trust have extending loans in South Africa,
according to spokesmen for the banks.
Wachovia spokeswoman Barbara Baker said no
loans had been extended to South Africa by Wachovia
since 1983.
Honor Court puts Winstead on indefinite probation
By RANDY FARMER
Staff Writer
The Honor Court delivered Frank T.
Winstead a sanction of indefinite
probation Tuesday night, assuming that
Winstead would attend summer school
this summer.
Winstead was not present at his
hearing, and there were no character
witnesses to testify on his behalf.
At his April 4 hearing, Winstead was
found guilty of making harassing phone
calls to two area directors. After the
verdict, Winstead said the hearings were
illegal, and he walked out before the
Court .could decide on a sanction.
According to the Student Code,
disciplinary probation is the severest
sanction for Winstead's violation.
Winstead's probation is indefinite,
which means Winstead cannot officially
represent the University or participate
in any extracurricular activities, such as
intramural competitions, for a min
imum of one full semester beyond the
semester in which the probation was
imposed.
Rennie Faulkner, the investigating
officer in Winstead's case, asked that
in addition to imposing indefinite
probation, the Court suspend Winstead
from University housing, a lesser
sanction. But the Court opted not to
impose any of the eight lesser sanctions.
Winstead's Defense Attorney David
Berry asked the Court to consider
Winstead's violation as disorderly
conduct and nothing more.
Berry said that Winstead had told
him in a meeting that he did not plan
to graduate this semester and hoped to
attend summer school this summer to
earn needed credits.
In essence, indefinite probation puts
a minimum requirement on the sanc
tion, not a maximum, said Chip
Tillman, assistant attorney general.
Winstead's indefinite probation takes
effect immediately.
He must submit a formal petition to
the Court to have the sentence lifted.
But before the Court can consider any
petition, it must secure a report and a
recommedation from the Honor Code
counselor.
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Voting Sites
A referendum on the mandatory meal plan will be held Thursday. Students
may vote at any of the polling sites from 1 1 a.m. to 5 p.m.
Campus Y Court Connor Mclver
Davis Library Craige Morrison
Granville Towers Ehringhaus Parker
Student Union Everett Ruffin
Cobb Hinton James Spencer
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Shuttle astronauts spacewalh
to work on disabled robot arm
CAPE CANAVERAL, Fla.
(UPI) Two shuttle astronauts
sailed through an impromptu three
hour spacewalk Tuesday, lashing
homemade snares to the end of
Discovery's robot arm for an attempt
to activate a stranded satellite
Wednesday.
Jeffrey Hoffman and David
Griggs, working slowly and surely in
the shuttle's open payload bay while
attached to safety tethers, had the
"fly swatter" snares firmly in place
a little more than an hour after they
left Discovery's airlock around 7:35
a.m. EST.
Heart patient bleeding less
LOUISVILLE, Ky. (UPI) Jack
Burcham, described by doctors as
"warm and pink," showed signs of
only minimal internal bleeding
Tuesday after a second operation to
stem bleeding near his two-day-old
artificial heart.
Burcham, the world's fifth Jarvik
7 patient, showed signs of "very little
bleeding" since his two-hour oper
ation Monday his second in as
many days, Dr. Allan M. Lansing,
chairman of the Humana Heart
Institute, said today. Chest tubes
were being used to drain the blood.
Klan slayings unexpected
WINSTON-SALEM (UPI) A
police sergeant testifying in a $48
million lawsuit says an informant's
repeated warnings of a confrontation
did not convince him communists
would be shot down in the streets
news in bne
of Greensboro.
"There was nothing ever menti
oned about bringing guns to the
confrontation or the parade," said
Sgt. Jerry Cooper, testifying Mon
day in the suit stemming from the
1979 massacre of five demonstrators
as a "Death to the Klan" rally.
Rape-case lie test denied
CHICAGO (UPI) A lie
detector test taken by a woman who
now claims she was not raped by a
man who has served six years in
prison for the alleged crime is
inadmissible in court and will "con
fuse the issue," prosecutors say.
. The attorney for Gary Dotson,
convicted in 1979, said Monday
publicity surrounding the lie
detector test could hurt his client's
chances of gaining a pardon.
Gorbachev well-briefed
WASHINGTON (UPI) House
Speaker Thomas O'Neill, just back
from a visit to Moscow, says he has
"never seen a man better briefed"
than new Soviet leader Mikhail
Gorbachev, who apparently wants to
improve superpower relations.
The Massachusetts Democrat,
speaking upon his return late Mon
day at Andrews Air Force Base, also
said Gorbachev seems willing to sit
down and talk about East-West
issues with the United States.
CGC
from pago 1
graduate students, did not participate
in homecoming.
Prize money for floats, window
painting and banners also was reduced,
from $1,000 to $300 for floats and from
$200 to $100 for banners.
Fazio said he had reservations about
the large amount of money budgeted
for prizes and said he thought people
would still participate with smaller
prizes.
"It's just that $1,000 is a lot of money
for the record
Tuesday's story "Student government
day strives to inform students" should
have reported that Student Body
President Patricia Wallace was taking
applications for Student Government's
.Textbo ojk fthe
Student Academic Advising Servicer
The DTH regrets this reporting error.
for prizes," he said. "I think people will
still paint windows and make banners
(if offered smaller prizes)."
The committee also recommended
that three of SCAU's 12 programs be
cut completely. Two of the cuts passed
with very little debate.
SCAU's "CA$H" program, which
publishes information about banks, was
eliminated because committee members
said much of the information the
program provided was available in
pamphlets at banks.
Charles Bryan (Dist. 15) said, "Based
on low qualitative scores and just
because I think that once students get
here they know about their bank . . .
I think we ought to cut this to zero."
Also cut out with little debate were
"Sight and Sound," which was a guide
to camera and stereo shops in Chapel
Hillj- and -Consumer- Contact, -a consu
mer awareness program.
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