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Harvard pledges $100 million to atone for role in slavery
The Associated Press ^ | April 26, 2022 | By COLLIN BINKLEY

Posted on 04/26/2022 12:07:06 PM PDT by Oldeconomybuyer

BOSTON (AP) — Harvard University is vowing to spend $100 million to research and atone for its extensive ties with slavery, the school’s president announced Tuesday, with plans to identify and support the descendants of enslaved people who labored at the Ivy League campus.

President Lawrence Bacow announced the funding as Harvard released a new report detailing many ways the college benefited from slavery and perpetuated racial inequality.

The report, commissioned by Bacow, found that Harvard’s faculty, staff and leaders enslaved more than 70 Black and Native American people from the school’s founding in 1636 to 1783. It cautions that the figure is “almost certainly an undercount.” Using historical records, researchers were able to identify dozens of enslaved people by name, along with their connection to the university.

“Enslaved men and women served Harvard presidents and professors and fed and cared for Harvard students,” researchers found. “Moreover, throughout this period and well into the 19th century, the University and its donors benefited from extensive financial ties to slavery.”

The report says the university “should make a significant monetary commitment, and it should invest in remedies of equal or greater breadth than other universities.” But the report stops short of recommending direct financial reparations, and officials have no immediate plans for that kind of support.

Building on earlier research at Harvard, the report details how the nation’s oldest and wealthiest college profited from the slave trade throughout its early history. It invested directly in the sugar and rum industries in the Caribbean, and the cotton and railroad industries in the United States. It also depended on wealthy donors who accumulated their wealth through the slave trade and industries that relied on it.

(Excerpt) Read more at apnews.com ...


TOPICS: Culture/Society; News/Current Events; Politics/Elections; US: Massachusetts
KEYWORDS: harvard; reparations; slavery; woke
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1 posted on 04/26/2022 12:07:06 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

2 posted on 04/26/2022 12:09:09 PM PDT by Magnum44 (...against all enemies, foreign and domestic...)
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To: Oldeconomybuyer

Thousands of blacks were slave owners. Some were big plantation owners with black slaves. Is Harvard going to pay those descendants?


3 posted on 04/26/2022 12:09:26 PM PDT by ladyjane
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To: Oldeconomybuyer

Fools. Once you start it you will never be allowed to stop. There can never be enough reparations. And these people think they are the smartest people in the world.


4 posted on 04/26/2022 12:09:52 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: ladyjane

I’m sorry, but the truth isn’t welcome on this subject.


5 posted on 04/26/2022 12:10:45 PM PDT by EEGator
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To: Oldeconomybuyer

Not enough. The President must be shackled in iron chains and dragged through the streets of Cambridge.

He is to blame for what people did hundreds of years ago.


6 posted on 04/26/2022 12:11:02 PM PDT by Recovering_Democrat
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To: Oldeconomybuyer

Send me a check for whatever.


7 posted on 04/26/2022 12:11:46 PM PDT by immadashell (New Planned Parenthood slogan: Black Babies’ Lives Don't Matter!c)
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To: Oldeconomybuyer

Why only a $100 million? If you are truly sorry you’d give it all. In fact shut down the evil institution.


8 posted on 04/26/2022 12:13:14 PM PDT by Altura Ct.
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That’s a start…Harvard should close…virtue signal to the logical conclusion…


9 posted on 04/26/2022 12:13:21 PM PDT by TnTnTn
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To: Magnum44

10 posted on 04/26/2022 12:13:46 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: Oldeconomybuyer

show them the money

plus only black and native american students for the next few hundred years

that should clear their conscience


11 posted on 04/26/2022 12:14:35 PM PDT by joshua c (Dump the LEFT. Cable tv, Big tech, national name brands)
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To: ladyjane

and these are the same white liberals who dont live close to blacks. Hypocrites.


12 posted on 04/26/2022 12:15:31 PM PDT by max americana (fired leftards on cue after every election since 1992, and enjoyed seeing these bastards cry)
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To: Oldeconomybuyer

ROTFL! Cambridge used to be nothin’ but dem cottonfields everywhere.


13 posted on 04/26/2022 12:15:35 PM PDT by FlingWingFlyer (Don't blame me, I voted for President Trump. Let's Go Brandon! FJB!)
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To: Oldeconomybuyer

Are they going to send reparations to the generations of Jews they kept out of Harvard? To the generations of Asians they kept (and keep) out of Harvard?


14 posted on 04/26/2022 12:15:40 PM PDT by who_would_fardels_bear (This is not a tagline.)
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To: Oldeconomybuyer

Why not make direct financial contributions to those families? They should scour the streets and award every family personally and it should continue for eternity. 100 million is probably a month’s interest from their billions in endowment. This is all PR.


15 posted on 04/26/2022 12:17:19 PM PDT by ProudDeplorable (Concentrated power has always been the enemy of liberty. ~ Ronald Reagan)
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To: Oldeconomybuyer

They were clothed and fed and had a place to live. Pretty common around the world.


16 posted on 04/26/2022 12:17:28 PM PDT by Sacajaweau ( )
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To: Oldeconomybuyer

to be split evenly between BLM and the DNC....


17 posted on 04/26/2022 12:17:29 PM PDT by G Larry (Anybody notice that Satan is hard at work?)
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To: Oldeconomybuyer

Bacow should have to jump down..turn around ..pick a barrel of cotton ..for at least 10 hours a day.. for one year.


18 posted on 04/26/2022 12:19:14 PM PDT by Leep (Freedom: "What's the big deal" -joe biden)
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To: Oldeconomybuyer

I want mine, my ancestors were brought here as slaves(Irish).


19 posted on 04/26/2022 12:21:13 PM PDT by boomop1 (term limits NOW)
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To: Oldeconomybuyer

What about my Irish forefathers who came here as slaves? The original niggers! We demand our reparations!


20 posted on 04/26/2022 12:21:43 PM PDT by Jan_Sobieski (Sanctification)
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