Word: resigns
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Fist Banging. Desperately, Agnew went back to the tactic that he had first tried and then abandoned: working out a deal with the Justice Department under which he would be accused of a relatively minor charge if he agreed to resign. Known as "plea bargaining"-or, less elegantly, "copping a plea"-the practice is commonly used in all courts. The prosecution settles for a sure conviction rather than going to the trouble or expense of proving a more ambitious- and time-consuming-case in court...
...extortion, conspiracy and tax evasion. Yet the President of the U.S. went out of his way to set the public record straight on his support of the prosecution and the seriousness of the charges, even as he accepted Agnew's right, fiercely asserted the week before, not to resign if indicted. Worst of all for Agnew, the Government argued for the first time that a sitting Vice President could be indicted and disclosed that it was pressing for an indictment before Oct. 26, when the five-year statute of limitations on some of the charges will...
Agnew said his decision to resign and plead no contest was based on "my firm belief that the public interest requires swift disposition of the problems which are facing...
...hereby resign the office of Vice President of the United States, effective immediately. Sincerely, Spiro T. Agnew...
...most difficult decisions are often those that are the most personal, and I know your decision to resign as vice president has been as difficult as any facing a man in public life could be. Your departure from the administration leaves me with a great sense of personal loss. You have been a valued associate throughout these nearly five years that we have served together. However, I respect your decision, and I also respect the concern for the national interest that led you to conclude that a resolution of the matter in this way, rather than through an extended battle...