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Corporation Votes Proxy Favoring GM Management

"In the clarity of hindsight; some of these decisions may appear to have been erroneous and the failure to take others a mistake, but we believe this to be true also of government at all levels . . .," they added.

"In view of the long public apathy toward these critical questions, we think the issue is not what General Motors may have done or not done in the past, but what it and all of us are doing now and will do in the future," they said.

In opposing the expansion of the GM Board of Directors, the Corporation warned that "we will look with favor" on a future expansion if new Board members do not reflect the concerns of all segments of society.

Uncooperative Nominees

But the Corporation dismissed the Campaign GM plan for representatives of the public because "individual members of Board of Directors should not be considered as representing special interests or groups," the statement said.

"The Project has furnished no evidence that the persons it seeks to add to the Board will work effectively with other Board members to discharge their duties to the investors as well as to the public," it added.

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