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...turn the money over to Connally, who would then distribute it to deserving congressional candidates. In his testimony to the grand jury, Jacobsen said that he offered it to Connally, but his fellow Texan refused to take it. Much like the $100,000 campaign gift from Howard Hughes to Bebe Rebozo, the cash was reputedly placed by Jacobsen in a vault in a bank-an Austin bank that happened to be controlled by Jacobsen. There it sat, unwanted and unused, he testified, from mid-1971 until November 1973, when the FBI examined it. Connally told much the same story...

Author: /time Magazine | Title: WATERGATE: Connolly's Spilt Milk | 4/29/1974 | See Source »

...million. In December 1970, he sold all but 5.9 acres for $1,249,000 to an investment company that had been set up by his close friends, Robert Abplanalp and Charles G. ("Bebe") Rebozo. Some presidential advisers thought that there had been a capital gain, as Coopers & Lybrand also later found. But Nixon followed the advice of his tax accountant, Arthur Blech, who made some arbitrary valuations of the remaining property and concluded that Nixon had sold the land for as much as he paid for it?thus no profit. The committee staff, however, determined that the land was worth...

Author: /time Magazine | Title: TAXATION: Many Unhappy Returns | 4/15/1974 | See Source »

...Herbert Kalmbach, Nixon's personal lawyer, told the Senate Watergate committee in secret hearings that part of a $100,000 donation from Billionaire Hughes given in 1969 and 1970 to Bebe Rebozo, the President's good friend, was in turn given or lent for the personal use of two other Nixon intimates: Rose Mary Woods, the President's personal secretary, and Donald Nixon, his brother. This claim by Kalmbach directly contradicts sworn testimony by Rebozo and Miss Woods. Rebozo contends that the money was kept untouched for three years in a safety deposit box and then returned...

Author: /time Magazine | Title: WATERGATE: Moving in Committee and Court | 4/15/1974 | See Source »

...committee's hearings with Howard Hughes and Charles "Bebe" Rebozo, which were to be held in February, have been postponed, Dash said, until the jury for the forthcoming trial of former Secretary of Commerce Maurice Stans and former Atty. Gen. John Mitchell has been selected and sequestered...

Author: By Mary R. Rodeheffer, | Title: Dash Defends Senate's Inquiry Power | 2/9/1974 | See Source »

Martha Mitchell is being courted assiduously by New York publishers. Her autobiography, written with Journalist Winzola McLendon, will include such tidbits as the fact that Martha as a young girl knew Bebe Rebozo long before President Nixon did. An editor at Doubleday, a serious bidder for the book, described Martha enthusiastically: "Here was this woman, dismissed as a crazy blonde with good legs by those burly Nixon locker-room boys, and by God, she was telling the truth!" Meanwhile, former Vice President Spiro Agnew was encountering resistance in the literary world. Random House turned down his prospective novel: a whodunit...

Author: /time Magazine | Title: People, Feb. 4, 1974 | 2/4/1974 | See Source »

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