Word: itt
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Dates: during 1970-1979
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Once again Richard Nixon failed to break free of Watergate. With the release of two lengthy white papers on his dealings with milk producers and ITT, White House aides declared that the President's largely unsuccessful Operation Candor was over. Nixon, said a White House spokesman, will now turn to "dealing with the problems and issues that he feels are good for the country." Yet there is no way to simply turn the key on Watergate. Despite the fact that Congress was in recess and the President still in seclusion in California (see following stories), last week three fresh...
...ITT CASE. The President's paper on his intervention in antitrust suits against ITT was somewhat more persuasive. It claimed that his only direct involvement took place on April 19, 1971, while the corporation's pledge of $200,000 to support the 1972 Republican National Convention was not made until June of 1971. The paper confirmed that Nixon had called Richard Kleindienst, then Deputy Attorney General, and ordered him to forgo an appeal on one of the suits against ITT. Such a move was sought by the corporation. The paper did not, however, note Nixon's blunt...
...statement contended that Nixon was motivated by a feeling that ITT was being prosecuted just because it had grown so large, and this violated the President's antitrust philosophy of not opposing bigness per se. As early as 1968, the paper noted, Nixon had declared that his Administration intended to clarify the "unsettled case law" on conglomerates. Yet that does not explain why Nixon allowed the cases to be brought against ITT at all, why he waited so long to intervene-or why taking the case to the Supreme Court would not have been the best way to clarify...
...scandal ballooned well beyond a political burglary and its coverup, wide-ranging allegations against Nixon himself became part of the sordid affair. They included contentions that Nixon had: 1) intervened in an antitrust action against ITT in return for political contributions; 2) raised milk support prices and reduced dairy imports for similar considerations...
...planned to deal with the subpoenas remained to be worked out, but Operation Candor obviously was hurt again. Late in the week, the White House did recover some ground by announcing that it would be releasing documents-although no summaries of tapes-dealing with the milk fund and the ITT case, the relatively favorable antitrust settlement that was granted to the conglomerate at a time when it was pledging to contribute up to $200,000 to the 1972 Republican Convention...