Word: quids
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...charge that the Administration last summer settled antitrust suits against ITT in exchange for a $400,000 pledge by an ITT subsidiary to help underwrite the Republican National Convention in San Diego. The settlement was relatively favorable to ITT, though by no means a bonanza, and no specific quid pro quo arrangement has been proved. Indeed, it seemed naive to suggest that a superconglomerate with assets of $6.7 billion would try to buy the favor of the Department of Justice for such a comparatively trifling sum-or that it could be successful...
...much experience in dealing with politicians, mostly foreign. Some of its best customers for telephone and telegraph gear are European and Latin American governments. Dealings with these government officials are often on a straight quid pro quo basis. For example, in bidding for a government contract abroad, the company might offer to build a plant in an underdeveloped part of the host country. Close ITT watchers do not find it the least unusual that the company-or, for that matter, many a large, powerful firm-when threatened with antitrust prosecution, would approach Administration leaders directly and do everything possible...
...Quid Pro What...
...your Nov. 29 review of political campaign contributions, you cite three examples of quid pro quo: 1) dairy farmers' self-interested donations linked to an increase in milk-support prices; 2) a bribery attempt to dismiss fraud charges; and 3) my proposed 1968 donation (never given) to Hubert Humphrey if he could promise an early end to the war in Viet...
...serious campaign for high office. To be sure, money is not everything. Though Richard Ottinger won the 1970 senatorial primary in New York by swamping television with skillfully produced spot ads, he could not spend enough to win the election against James Buckley. Rich backers usually demand a quid pro quo -or try to. In 1968, Stewart Mott, son of the largest stockholder of General Motors' directors, offered to provide Hubert Humphrey with badly needed cash if the candidate would change his policies on Viet Nam; Humphrey refused. Last August, dairy farmers contributed some $250,000 to the Republican...