Nixon Won't Place Holdings in Trust for Presidency
President elect Nixon will not place his financial holdings in trust while in the White House. Counsel John Ehrlichman says assets exceed a half million dollars but pose no conflict of interest, with most liquidity aside from real estate. The move breaks recent presidents' practice, contrasting with Johnson's 1963 divestment. Some cabinet picks plan to publish complete asset records, including George Shultz and Robert Finch.
MENTIONED IN THIS ARTICLE
New York
Nixon
White House
John Ehrlichman
Ehrlichman
Johnson
Nixon aides review assets for conflict of interest rules
Exclusive report describes how Ehrlichman reviews Nixon appointees assets under Executive Order 11222. Some officials reserve information for Senate hearings while others oppose public disclosure. Ehrlichman notes Nixon owns no assets likely to be affected and cites a 1965 order to divest or place in trust to avoid conflicts. A campaign release lists Nixon net worth and assets as of September 30.
MENTIONED IN THIS ARTICLE
Senate
AL 12
Nixon
Ehrlichman
Cabernet
Defense
Roberts
McNamara
Ford Motor Co
Senate Armed Services Committee
Johnson
Nixon-Agnew Campaign Committee
Nixon urged to take stand on 10 percent surtax
In Washington Senate leader Mansfield urged President-elect Nixon to join Johnson in backing the 10 percent income surtax. Johnson plans a budget with a small surplus and wants Nixon to weigh in before next week’s budget and State of the Union messages. Mansfield stressed bipartisanship while Bennett doubted a balanced budget without extending the tax. Nixon had sought ending the surtax once Vietnam ends. Burglars broke into a Long Beach home at 5369 E Ocean Blvd and stole golf clubs tools and a sweater valued at 210 dollars.
MENTIONED IN THIS ARTICLE
Washington
Senate
Democratic
Mike Mansfield
Nixon
Johnson
Mansfield
White House
Congress
Wallace F. Bennett
Utah
Senate Finance Committee
Bennett
David Kennedy
Secretary of the Treasury
Edward K. Hulbert
E. Ocean Blvd
Long Beach
Nixon Busy Composing His Speech
President elect Nixon sequesters in his Pierre Hotel suite writing his inaugural address in longhand on yellow pads between staff meetings. A state dinner honoring Apollo 8 astronauts may precede a Nixon attendance, but no decision has been made.
MENTIONED IN THIS ARTICLE
New York
UPI
Nixon
Pierre
Nelson A. Rockefeller
Billion Needed to End Hunger in U S
Secretary Orville Freeman told Congress it would cost an extra 1 billion dollars annually to close the nutritional gap and end hunger in the United States. He blamed Congress for insufficient funding and conservative counties’ reluctance to join federal food programs.
MENTIONED IN THIS ARTICLE
U.S
Washington
NYTS
Orville L. Freeman
United States
Congress
Freeman
Harris Poised To Succeed OBrien As DNC Chairman
Washington reports indicate Senator Fred Harris of Oklahoma is the leading pick to replace Lawrence F. OBrien as Democratic National Chairman. Possible contenders include Terry Sanford of North Carolina and James O’Hara of Michigan. Sanford and O’Hara may join as deputies, with Sanford potentially heading headquarters, while Humphrey aides weigh the proposal amid ongoing party discussions. O’Brien resigned to pursue a private sector offer.
MENTIONED IN THIS ARTICLE
Washington
UPI
Fred Harris
Oklahoma
Lawrence F. O’brien
Terry Sanford
North Carolina
James G. O'Liara
Michigan
Democratic National Committee
Sanford
O'Hara
Rockefeller urges five percent across the board spending cut
Gov. Nelson A. Rockefeller urged the New York Legislature to approve a five per cent economy cut in state spending. The proposal drew predictions of chaos and disaster from New York City figures including Mayor John V. Lindsay.
MENTIONED IN THIS ARTICLE
N.Y
Rockefeller
New York State
New York City
John V. Lindsay
Also Mentioned on This Page
Robert B. Semple
New York Times Service
Fice
Texas
Spiro
Agnew
N. S. Times Service
Golf
Sen
Say Harris
O’brien
Fayetteville, N.C
Hubert H. Humphrey
Vance Hartke
Indiana
Norris
Humphrey
Norway
O'Brien
May Co
Bend
Jewelery Repair
Lakewood
Lakewood Blvd
Groton
Rocky
Aaron Schultz
Atlantic Ave
Bay Area
United
California
Los Angeles
The
Our
Fiend Ships United