BOYCOTT THREATS
Oppenheimer Alarmed
JOHANNESBURG, June 22.
The head of the giant AngloAmerican Corporation. Mr Harry Oppenheimer, urged the South African Government today to start new industries in goldmining areas where deposits are running out. He told a meeting of the Transvaal Chamber of Industries that the crux of South Africa’s present situation was the Government’s refusal to regard coloured African city dwellers as permanent residents, and its failure to plan for their future.
He said the mass of world opinion was convinced that no serious effort was being made by whites to remedy the causes of discontent among Africans. Mr Oppenheimer said:
“I take the boycott movement very seriously. If we allow the situation to continue in which the bulk of Western countries feel great indignation there will be forms of boycotts which will be very serious.” He said a more serious fact was the crisis in confidence that was
stopping the inflow of capital. People who had put money into South Africa were now trying to get it out again. £
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Bibliographic details
Press, Volume XCIX, Issue 29238, 23 June 1960, Page 15
Word Count
172BOYCOTT THREATS Press, Volume XCIX, Issue 29238, 23 June 1960, Page 15
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