Word: ledgers
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...variety hour-Cavett put on the same kind of solid performance, only to meet the network axe when he couldn't bring in the soap commercials. Running against Carson's show, the fiscal prospects look bad again. Cavett's fans can only hope that ABC looks past the ledger books when it decides whether to keep the show...
...cities are more in need of such a cure than Newark (see box following page). In addition to the federal grand juries, a statewide and a local grand jury are probing organized crime in Newark and elsewhere in New Jersey. Following last week's indictments, the Newark Star-Ledger suggested that it would be in the city's best interests if "those under a cloud of suspicion were to remove themselves from office." The local Chamber of Commerce called for the suspension of all those indicted...
Turner admitted failing to pay income tax on the $6,800 profit from the gun sales, claiming that he had not known that "hobby" income was taxable. He also explained that he had lost his account ledger but filed amended tax returns this month to reflect the sales. Said Senator Charles Percy in disbelief: "It seems to me that not showing this profit in your tax returns has nothing to do with seeking a loophole. This is evasion. You are either incredibly naive or you have evaded payment of income taxes...
...kinds of gambling are legal: Las Vegas. The Mob's technique there, known as "skimming," was as simple as larceny and as easy as shaking the money tree: a part of the cash profits from six LCN-controlled casinos was simply diverted before the figures were placed in the ledger books. How much cash was spirited away in this manner, eluding both state and federal taxes, no one can say precisely. After the Government became aware of mob influence and forced the gangsters out of most of the casinos in 1966 and 1967?LCN still has interests...
...least of the novelist's functions is to serve as a moral bookkeeper, making all those entries on the liability side of the ledger that a society might otherwise prefer to forget. In his new book, ruefully comic Novelist Jerome Charyn (Once Upon a Droshky) records the shape and the existence of a small, dreadful chapter in our recent national history...