Word: payments
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Dates: during 1970-1979
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...seamy things" that he had done for the White House as a member of the plumbers, and added that he might be obliged to "reconsider" his "options." Neither O'Brien nor LaRue could answer the most important questions: whether Nixon himself ordered, or silently permitted, the payment to Hunt; and whether the President intended that the money be used to keep Hunt from testifying freely about the activities of the plumbers...
...committee returned to its closed-door briefings, St. Clair spent two days giving his version of the evidence that had been presented over the past six weeks by Doar and the committee's Republican counsel, Albert Jenner. St. Clair concentrated on Nixon's role in the payment of hush money to Hunt, a topic that the edited White House tape transcripts show was discussed at length by Nixon in a meeting with Dean and Haldeman on March 21,1973. St. Clair contends that Nixon's possible impeachment hangs almost solely on whether he approved such a payment...
...natural gas plant ($600 million), and a steel plant. They will construct twelve large tankers and help with a large-bore gas pipe line ($1.7 billion) and supply sophisticated military equipment. In return, the Shah has agreed to deposit $1 billion in the French central bank as an advance payment and increase Iran's shipments of oil to France. The advance payment will help the French narrow their trade deficit, which for the first five months this year was $1.8 billion...
Furious Bankers. Many commercial bankers are furious. The savings-bank payment order, says Rex J. Morthland, president of the American Bankers Association, "is a blatant violation of the spirit and the letter of the historic distinction between savings and checking accounts." The ABA last week asked the Federal Deposit Insurance Corp. to let commercial banks also pay 5¼% interest on savings...
...will invest deposits of $5,000 or more in such high-interest securities as Treasury bills and bank certificates of deposit. Each investor who wants the service can also open a no-balance checking account at Boston's National Shawmut Bank. When the bank gets a check for payment, it will withdraw the funds from the customer's Income Trust account, but until then the money earns interest. Although checks can be written only for $1,000 or more, William Byrnes, vice president of Fidelity Group, says expansively that this type of plan could pull "billions...