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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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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