Word: abrahamisms
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Toward the middle of the hearing, Republican Senator Charles Percy announced: "I am completely satisfied with your answers." Committee Chairman Abraham Ribicoff, who three days earlier had called for an investigation of Lance, now rebuked the press for overzealousness. Said he: "You have been smeared from one end of the country to the other, in my opinion unjustly. There is not a thing that has developed in any way that impugns your character or your reputation or your ability...
...charges were promptly denied and, at week's end, the evidence concerning Lance's loans was inconclusive-and in some respects plainly on his side. But the charges were so serious-and so well publicized-that Democratic Senator Abraham Ribicoff, chairman of the committee, called for an investigation; the committee will decide this week whether to begin a probe. "If we just drop this thing," said Ribicoff, "we would be doing a disservice to Mr. Lance, a disservice to the President and a disservice to the country." Meanwhile, investigators from the U.S. Comptroller's office gathered...
...starters, Mayor Abraham Beame proposed a "rescue fund" of $1 million from the city and $2.5 million from its companies; by week's end, businessmen had pledged about $2 million, and His Honor donated $100 of his own money. The Carter Administration put up $11.3 million in relief, and Governor Hugh Carey promised $500.000 in state aid. This will hardly dent the storekeepers' losses, which city officials estimated at $155 million (a sharp drop from their ballpark guess of $1 billion a week earlier). Merchants and property owners are also eligible for low-interest (6⅝%) Small Business...
Finally, the President sent a letter to Senator Abraham Ribicoff: chairman of the Senate committee that confirmed the budget director, recommending an unlimited extension of the Dec. 31 deadline. The deadline. Carter noted, helped to foster "a substantial artificial lowering of the stock price." Ribicoff agreed to have his committee consider the idea...
...agencies launched investigations of the power failure. Politicians and editorial writers howled over the fact that only three days before the city went dark, Con Ed's $200,000-a-year chairman had said he could "guarantee" that the chances of another blackout were remote. New York Mayor Abraham Beame summarily convicted Con Ed's management of "gross negligence," if not something "far more serious...