The anti-Diamond protesters have a big challenge convincing the board to oust Diamond. Although Colby officials kept the press away from the trustees, at noontime in the Colby bookstore the Phoenix encountered Eric Rosengren, a trustee and president of the Federal Reserve Bank of Boston.

When asked about the trustee discussion of the protests, he would only say, "It's not big." Most board members are from the financial and corporate sector.

But protesters say they are in for the long haul. The next anti-Diamond demonstration is scheduled for November 11, when Colby gives its annual Lovejoy Award for journalistic courage to Bob Woodward, a Washington Post reporter who along with Carl Bernstein uncovered the Watergate scandal in the 1970s, which forced President Richard Nixon to resign.

Colby graduate Elijah Parish Lovejoy was a publisher murdered in 1837 in Illinois by a pro-slavery mob while defending his right to condemn slavery.

O'Neill, the student organizer, carried a sign: "What Would Lovejoy Do?" Both slavery and financial corruption are moral issues, he said.

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