SINCE 1889
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THE UNIVERSITY DAILY KANSAN
POP ROCKS
FRIDAY, APRIL 11, 1986, VOL. 96, NO. 131 (USPS 650-640)
Clouds Details page 3.
Divestment policy requires companies to follow standards
By Tim Hrenchir
Staff writer
The Kansas University Endowment Association is now investigating one company in its investment portfolio that has not complied with the selective divestment policy it adopted early this year, the Endowment Association president said yesterday.
Todd Seymour, the president, said adoption of the policy had been evolving since 1978 but only became official this year.
"This has been in the process for a long, long time," he said.
The policy hadn't been publicized, Seymour said, because it is strictly an internal procedure.
"We sometimes don't realize what people know and what people don't know," he said. "This was one of those things we just assume everybody knows."
Selective divestment is a policy in which investors demand that companies in their investment portfolio
that invest in So
a set of standard
theid. If a comp
form the investe
Under the policy Association adop- panies it invests the Sullivan Prin- comply with F Sept. 9 executive fair and equal o for firms doing Africa.
The Sullivan
Cam after
By Tim Hrench Staff writer
Seymour said that in certain situations, the Endowment Association might continue to hold stock in a company with South African interests that hadn't signed the Sullivan Principles, but such circumstances would be unusual.
If a company does not sign either of the two proposals, Seymour said, Endowment Association staff will find out why, then make a decision whether to divest in the company's stock.
The bill permits Sunday sales at conventions, concerts, golf courses, marinas, racetracks, sporting and special events.
John Lamb, director of the Alcoholic Beverage Control, stood outside the committee door and shook his head. He had mixed feelings about the changes, he said.
TOPEKA — Call it a boost to the state's liquor image — or just its income — but an amendment to legalize Sunday beer sales was revived this year with only two days remaining in the session.
After 24 days otest the Kansas association South Africa,di were taking dov front of Youngb "Saturday,at out of here," Lawrence law's Protesters sa break camp aff Endowment Ass a policy of sele companies that Africa.
By Lori Polson Staff writer
Todd Seym Association pres was made early publicized becau matter.
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What has been known this session as the happy hour bill was amended yesterday in the Senate Federal and State Affairs Committee. It was amended to allow the sale of beer at all stores licensed to sell 3.2 percent beer, except liquor stores, after 1 p.m. on Sundays.
Hemphill sait were tempted to "But after I wished all were occurred, whie would all be old said.
Beer sales on Sunday debated
"On the one hand it increases our work load, but I can sympathize with their concerns," Lamb said. "This is
Protesters say will be a bitters Chris Bunker student and pretee on South thrilled to lea divestment poll "It's not ever
Donald Schal Procedures and policy would students to es classification of "I think son students," he is spaces in the U
companies investing in South Africa promote racial reform within their ranks.
Seymour said all but one of the companies the Endowment Association invested in agreed to follow suit, and two signed the Sullivan Principles.
Seymour said he would not release the name of the company that had not complied with either proposal, but he did not comment. The reason for Endowment Association earnings:
The recommend Faculty Council will be sent to Chancellor Gen Students who tion of Z2 do m University or they also do nolege or high school to the Universi. The original was to all
For about nine years, the Endow
By Abbie Jones
Staff writer
Seniors
Continued from p.11
plagued him in college should not be much of a problem in the pros. In the NBA, he will be able to bang all he wants with 7-foot centers, who are more the norm than the exception.
Dreiling, who already was over 7-feet tall as a high school All-American at Wichita's Kapau-Mt. Carmel High School, said a career in the NBA also seemed far away until now.
"I still think the best years are ahead for me," he said. "It seems like I'm going to be a first-round choice, but at this point, I'm not going to be picky."
"I would just like to get my foot in the door and get established."
Two regular-season victories over the national-champion Louisville Cardinals were some consolation in defeat. The three seniors also could take partial credit for bringing the KU basketball team back to national prominence.
Three seniors — Nos. 36, 35 and 44 — with their sights on the NBA, are leaving behind what could prove to be a foundation for the rebuilding of a basketball dynasty.
He said that he was glad a pro career was finally within reach and that he was ready for the NBA's rough schedule. But he is not ready for the big cities that support most NBA franchises.
"I'm going to miss Lawrence and KU in general — just the whole community, the smalltown feel," Drocell said. "Everything is so accessible here. It's going to be difficult to adjust to a bigger city."
Drening and the other two seniors have other options, namely the Continental Basketball Association and European basketball.
"I think the senior leadership on this team has built a foundation for the years to come." Kellogg said.
"They were all along for the ride, and we felt like they were all part of the team." Drrelling said of the KU fans.
While these leagues may be in the back of their minds, none of the seniors has seriously considered them.
"We set our sights high for the team and for ourselves. We don't talk about Europe, we talk about the NBA." Dreiling said.
Thursday, April 10, 1986
After a 12-year hiatus from the Final Four, the senior-led Jeyhewks returned to the ultimate contest in college basketball, earning a spot in the record books and the hearts of KU fans.
Dreiling, a Radio, TV and Film major, said his pro career came before his degree for now.
"I'd love to get it, but first I've got to go ahead with my career," he said.
Newton. Pellock wait their turn
By Matt Tidwell Kansan Magazine writer
KU basketball followers may think the Jayhawks' success this season would have made it tough for the two Kansas redshirts, forward Milt Newton and center Mark Pellock, to sit on the bench and watch.
After all, their teammates were out on the court, basking in media attention and fan appreciation . . . and they weren't.
"I've had that in mind, but I
know I'll be playing next year," Pellock said. "I know I'll get my chance. I'm just being patient."
The thought of Newton and Pellock returning could help Jayhawk fans get over the loss of talented seniors Ron Kellogg, Calvin Thompson and Greg Dreiling.
Both Pellock and Newton saw substantial playing time last season as freshman.
Newton earned the title of "super sub" last year. He saw
action in 30 games and played about 10 minutes a game.
Newton is a skilled shooter and, even though he averaged just 3.2 points a game, he made 55.4 percent of his shots.
The 6-foot-4 sophomore from Washington, D.C., had his best game when he scored 12 points against Colorado.
The 18-year-old Pellock was used mostly as a back-up to Greg Dreiling last season and says he will see work at the post position
again next year.
Pellock was able to use his size well late in the year and became an excellent defensive performer off the bench. His best performance was against Oklahoma when he scored six points and grabbed five rebounds.
Even though they couldn't contribute during games this year, Pellock said he and Newton worked hard in practice to make the team better.
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