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...FIRST ITT, then Watergate-and now Vesco. Last week officials of the Committee for the Re-Election of the President (C.R.P.) admitted that it had received $200,000 in cash from the business executive most prominently involved in what a member of the Securities and Exchange Commission calls "one of the largest securities frauds ever perpetrated." In pretrial papers filed in a New York federal court, the commission contended that Vesco gave the cash, "in an attempt to influence the commission's investigation...
...rather see Mao as dictator of the United States than Nixon, if it comes down to that. For one thing, he's more interesting. He's also committed to building an egalitarian socialist society, while Nixon's brand of socialism is apparently reserved for his friends at ITT, the Maritime industry, Lockheed, the grain warehouses and the other government-subsidized big boys. For everybody else--for the silent majority whom Nixon described as "the children of the house" in a November interview--the President prescribes hard work, self-reliance and "no free lunch" economics...
...weeks ago Fruehauf Corp the producer of truck trailers, threw in the hammer and joined a long parade of big companies out of the modular-housing field. In the last year or so ITT Levitt, Florida Gas Co., Potlatch Forests Inc., Hercules Inc. and Wickes Corp along with a score of smaller firms, also pulled put of the industry. Last year Florida's Behring Corp. cut its losses and closed down the nation's largest house-building plant. Beset by production and marketing troubles, another industry leader, Stirling Homex, crashed into bankruptcy seven months...
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Mild. He repeated the message during a one-day visit to the U.N., where he charged that ITT and Kennecott Copper Corp., two U.S.-controlled companies whose assets in Chile were expropriated by his government, "had driven their tentacles deep into my country, and even proposed to manage our political life." Allende claimed to have a document proving that ITT had specific plans for "strangling the economy, diplomatic sabotage, sowing panic among the population and fomenting social disorder. That is what we call imperialist intervention...