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Board Adopts Sullivan Principles

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Board Adopts Sullivan Principles When a storm blows ... A refined 'Voice' Bearcats meet the Hurricanes Residents should follow guidelines outlined by the With a new air board and newly-decorated studio, Department of Residence Halls The University of Cincinnati could surprise Univer­ WVUM celebrates an anniversary and dedication sity of Miami defenders if they get over injury bug News — page 4 Entertainment — page 8 ts — page 11 THE MIAMI Volume 63, Number 10 UKRIUniversity of Miami C rl Friday, del. 11, 1985 Board adopts Sullivan Principles By LISA GIBBS • UM will not invest in any Hurricane Editor in Chief company which appears to be ment in 40 percent of the Fortune government securities and cash supporting apartheid despite its Excerpts from the investment policy approved by 500. items. The University of Miami Board compliance with the Sullivan Prin­ "You substantially reduce in­ "The decisions were made for of Trustees voted Wednesday to ciples (i.e. selling weapons to the the University of Miami Board of Trustees Wednes­ vestment options (by divesting j economic reasons," he said."The adopt an investment policy which and depending what happens to issue (of apartheid] is getting a lot government), and day: the market, it could have a would allow them only to invest in • UM wil participate with other Although the University, because of its mission, is not free of national attention which could companies which abide by the universities in a consortium to substantial impact over a period of have an adverse effect on the Sullivan Principles. actively recruit and make scholar­ to take institutional political action, as an institutional investor time." market. But it is still an economic ships available to black South it should act responsibly. Thus the University of Miami does Currently, however, UM has no decision." Any company doing business in not, and will not, hold the stocks or bonds of any company investments in corporations who UM as an investor will do its South Africa in which UM chooses Africans. do business in South Africa — the to invest must comply with the Adoption of this policy came doing a significant percentage of its business in any country best to act responsibly, said Foote. $12.3 million previously invested "As an institution of teaching Principles. after 90 minutes of debate, said that has such a government, or any company that has direct in companies like IBM and General The board's policy also includes Foote. investments that does not comply with generally accepted and learning it will do all it can in "There was a spirited and Electric has been sold. the long run to serve as a forum the following amendments, ac­ principles of equality (e.g., in South Africa, the Sullivan "In June, our investment advisor for dissent, debate, for expression cording to UM President Edward thoughtful debate among the trus­ sensed a market change and T. Foote: tees and a variety of opinions Principles). from students, faculty and every­ expressed," said Foote. "A great divested of lots of stocks," said one in the community," said Foote Chairman of the board James L. "That's what we exist for." • UM will not invest in banks deal of concern was shown not McLamore. that make direct loans to the only for the needs of our own extremely tragic and difficult situ­ About 40 trustees attended the apartheid. South African govern­ ture would cost UM about SI Foote said that a large percent­ meeting held in the School of work as a university but for the ation." million per year, said Foote, age of UM's stock holdings had ment plight of the South Africans in an The position of complete divesti­ Architecture, the first of five this because it would prohibit invest­ been converted into short-term year. Proposed grading system will reduce inflation By DAVE OSINSKI the new system could go into Hurricane Staff Writer effect would be the next academic 'It bothers me to see year. In an effort to reduce grade Indications from faculty so far inflation and reward outstanding students who really are that most are in favor of the scholarship, the Academic Stan­ make an extra effort new scale. dards Committee has recom­ Those opposed. Fitzgerald said, mended that the University of get the same grade "think that the subjectivity factor Miami change the current grading is great; some say they would feel scale with five letters to one with average as some who uncomfortable making that dis­ 12 letters. don't' tinction between a plus and a The present system awards four minus." quality points tor an 'A'. «i"-~ John Fitzgerald Also listed among the dlsadvan- I-.T.*"~ r~- — ••»*- «W€» pnlnt« for m •C- eftn<l on. Peeeeee lu, - *E>-. ,j.. of aomee, ateulanta with mn *A-* bue poaaibllity that faculty win ba quality point* ve, glvvn for m r«*««*(-ve tti,e» *>%* for otttwn, whOM hualad »>v -ier««*«- 0erubbfn«* •„,. railing grade- achievement was of higher caliber. am...u In the proposed grading system, "And, to the extent that an 'A' is •-I think fcudemt'a Initial re­ quality points for each grade reserved for truly superior work sponse will be that they're going would be as follows: A, 4.0; A-, and Is therefore used more spar­ to get a 3.7 rather than the 4.0," 3.5; B + , 3.3; B.3.0; B-, 2.7; C + , ingly than is currently the case, said Fitzgerald. "But, it could also 2.3; C, 2.0; C-, 1.7; D +, 1.3; D. 1.0; the adoption of the new grade work to their advantage just as D-. 0.7; E, 0.0. system would provide one means well, say in the case of a 'B-t-' According to John Fitzgerald, of dealing with the problem of instead of a 'B'." chairman of the Academic Stan­ grade Inflation," he added. He also said students should be dards Committee, the new system The proposed scale is being aware that teachers will be under would provide faculty with a more studied by the Senate Council, a no obligation to use this 12-letter calibrated instrument for assessing group of faculty members selected scale since it will be incorporated student performance and would from the Faculty Senate. Based on into the present five-letter scale. allow them greater flexibility in input from all the academic de­ Faculty members will retain the assigning grades. partments, the council will decide right to use any grading system "The scale would promote stu­ whether or not to forward the they choose. dent scholarship by rewarding proposal to the full senate for a "In effect we are giving faculty maximal rather than minimal ac­ vote. a greater range of options," Fitz­ complishment," Fitzgerald said. Should the Senate pass the gerald said. AIXA MONTERO/Hurrricane Stall "For example, too many students proposal, it would then go to UM "Personally, I think the new Karate kid now strive simply to achieve the President Edward T. Foote for scale will be benefical to the minimum that is required for an approval. If he signs, then the new University," Fitzgerald said. "It 'A*. grading system would become bothers me to see students who Karate teacher Jennifer Griffin demonstrates to a student in the Tac Kwon 'The new grading system would University policy. really make an extra effort get the Do karate club a defensive move allow faculty to reward the work Fitzgerald estimates the earliest same grade average as some who don't. Finding buses to UM from Bowl to be easier By MARILYN GARATEIX At the UM-University of Florida game on Sept. 7. manager of the Orange Bowl, to compromise and to the circle as buses are filled Hurricane News Editor many students complained about being left behind work out details. Currently, 30 buses from Gray Lines and and having to Uke cabs back to UM. Some said they The area outside Gate 14 is secure and fenced in, American Sightseeing service UM. Students taking buses from the University of walked to the Metrorail station. according to Kornspan. Security patrol in the area Kornspan said that buses will be doing double runs Miami to UM football games in the Orange Bowl will Kornspan said circumstances surrounding the will also be increased to prevent crime. after the games, so some students will have to wait have an easier time getting back to the University Florida game were the exception since a record for the buses to return in order to get back to UM. after games, according to Undergraduate Student 80,227 people were on hand. Beginning with the Cincinnati game, only UM Kornspan also said students should expect to be in Body Government President Scott Kornspan. Many students also did not wait for the second buses will be lined up in a designated area six blocks different buses on the way back and that all students UM students returning to campus via buses run, he said. around the Orange Bowl along Northwest 4th Street who want to ride together may not be able to. provided by USBG will now exit through Gate 14 into In the past, the Athletics Office tried to obtain a from Northwest 16th Avenue to Northwest 21st Buses will be loading students as they exit the a circle where buses will be waiting for them. specific corner for UM but was not able to. Avenue. stadium and not in any particular order "It removes many of the problems that occurred Kornspan met this week with William Sandler, Three buses at a time will be parked in the circle Buses will continue to leave fraternity row and the before," said Kornspan.
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