Word: payments
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Dates: during 1970-1979
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...prove more pivotal to President Nixon's possible impeachment, but last week a critical controversy centered on a meeting that took place in the President's Oval Office on March 21, 1973. At issue was whether Nixon then had approved or tacitly accepted or pointedly rejected the payment of hush money to the original Watergate burglars as part of the criminal cover-up conspiracy...
Woven through the grand jury's various allegations against the newly indicted men was evidence that a large payment was, in fact, made to Hunt a few hours after this crucial conversation of Dean, Haldeman and Nixon. It would have been foolhardy, indeed, for Nixon's aides to carry out such payoffs if the President had flatly banned them as wrong. According to the indictment, after the end of this White House meeting, Haldeman called John Mitchell. Mitchell minutes later "had a telephone conversation with Fred C. LaRue [a Mitchell deputy], during which Mitchell authorized LaRue to make a payment...
...Midwestern container manufacturer. He had a batch of beer and soda cans ready to market, but no paint for them. He called a paint maker who had no drums in which to ship. The can maker also manufactured drums, so in effect he delivered drums in part payment for paint...
...kind of commission paid in goods rather than cash. Dow Chemical Co., for example, currently ships ethylene to other chemical processors who cannot get the substance elsewhere. The processors convert the ethylene to polyethylene, then ship a percentage of the polyethylene to Dow and keep the rest as payment. Dow can in turn continue to supply polyethylene to its customers...
...skyjacking attempt in more than 13 months, three persons, including a would-be hijacker, were killed last week at the Baltimore Washington International Airport.) Dallas Psychiatrist David G. Hubbard, who helped create the celebrated "skyjacker profile," which has contributed much to reducing aerial hijackings, advocates a "federal law prohibiting payment of ransom in all cases involving kidnaping." He argues that potential kidnapers will be deterred only if they know in advance that ransom is highly unlikely. Billionaire J. Paul Getty took that hard stance after the kidnaping in Italy last July of his grandson Eugene Paul Getty II, 17. Fearing...