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Florence Morning News Newspaper Archive: October 15, 1976 - Page 1

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Publication: Florence Morning News

Location: Florence, South Carolina

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   Florence Morning News (Newspaper) - October 15, 1976, Florence, South Carolina                             GOOD MORNING! It's Friday, October 15, 1976 OUR 53RD YEAR NO. 289 FLORENCE. S. C. DAILY 15' SUNDAY 35' Young Hits Jenrette on Tax Entanglements from Stiiff and Wire Reports Sixth District Republican candidate Etl Young revealed in news conferences Thursday in Florence, Columbia, anil Myrtle Beach thai a back-tax warrant for was filed against Hep. John W. Jenrette, D.-S.C.. by the South Carolina Tax Commission Sept. 16. According to records in the llorry County clerk of court's of- fice, the warrant was for taxes owed from 197.1. Also Thursday, an official of the Department of Housing and Urban Development said the agency is in the process of determining whethor a South Carolina development once con- trolled by Jenrette iscovered by The official, consumer specialist Brcnda Butter in HUD's interstate land sales of- fice, said if Heritage Shores is found to he covered by the law, HUD will suggest it notify lot purchasers they arc entitled to icfunds. The buyers were not given properly reports, which Grand Jury To Investigate? A federal grand jury will investigate U.S. Ik-p. John W.Jen- relte Jr., D-S.C., and his former associates in a North Myrtle lieach, S.C., I ami development company, the Charlotte Ob- server reported in its Friday editions. The grand jury will begin calling witnesses Tuesday to de- termine whether any of the dealings of Heritage .Shores, Ltd.. involved criminal fraud, the newspaper reported. The panel also uill investigate whether .k-nn-tte know ingly false statements lu a federal credit union from he borrowed using Heritjgo Shires land as cul- lalgeral. the I aw would require of coverefI companies, she said. Young said in making the tax disclosure. "Jenrclte says he supports legislation Hint re- quiics Congressional candi- dates to disclose their financial statements and income tax re- turns hut doesn't pay hi sown in- come taxes." The fonncr congressman, ;i Florence hu5ines5mfin fanner,  ame answer I gave Ihc House committee ;md Senate commit- tee (during Uie confirmation hearings.> The mailer was fully investigated by those commit- tees nnd E think thai is a satisfactory answer." As to a projwtsnl (hat Huff in- vestigate the allegalimi. Kord said lhat is a decision for the Watergnle proscculur "and I wouldn't interfere with the spe- cial prosecutor." The President also denied that two recent decisions to .send sophistics led now weapons to Israel and to increase agricultural support prices were based on politics. Carter, lit reirwirks to a Lin- t-ntJ dinner in New York, said he had no reason to dis- agree with Huff's decision on the investigation of Ford's han- dling of campaign funds in Michigan. And he repeated his assertion thai Ford fins made only feeble efforts to secure a new unclear aims agreement between the United States and the Soviet Union. He said that 
                            

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