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Decatur Daily in Decatur, Alabama

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Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Sep 23, 1973

Page

6

Nixon Investments Linked To Secret Fund

During Nixon's first term he invested heavily in Florida and California homes while three close associates allegedly controlled a secret cash fund of 1.098 million dollars and 570 thousand in checking, from 1969 to 1973. The fund's existence was disclosed by sources to the New York Times. Nixon denies using campaign surplus for real estate and ordinary taxes are questioned.

Wallace Turner New York Times News Service Nixon Florida California Herbert W. Kalmbach Newport Beach Calif New York Times the Times White House Biscayne, Fla San Clemente Robert H. Abplanalo C. G. Rebozo

Nixon deductions boost taxes for five years

Exclusive: Nixon has a special five year tax deduction totaling 570000 tied to gifts of his vice presidency papers to the National Archives. The arrangement, not available to most citizens, arose before 1969 and was handled by tax attorney Frank DeMarco Jr. and the firm Kalmbach DeMarco Knapp Chillingsworth. The story traces funding through campaign surplus, trustee accounts, and large cash holdings connected to the 1968 and 1972 Nixon operations, with audit figures prompting speculation on his tax payments and wealth.

the Times Nixon White House Key Biscayne Fla San Clemente Calif Coopers and Lybrand International Auditors National Archives Johnson Internal Revenue Service Frank DeMarco Jr DeMarco Kalmbach Senate Democratic National Committee Watergate Washington Maurice H. Stans

Suburbia Feels Shoplift Sting

Teen shoplifting shifts from inner city to suburbs among middle to high income families in Atlanta area. Stores report more teenage girls than boys in this bracket, with items like sportswear cosmetics and jewelry. Causes include thrill seeking, peer pressure, and drugs. Police say some cases go to parents, while others are handled by stores or Youth Aid programs.

Atlanta, Ga Bill McGuire New Orleans Belk’s Department Charlotte N.C Southeastern W. A. Jones Atlanta Police Departments McGuire McRae’s Jackson Miss Youth Aid In Birmingham Ala

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