The Daily Tir Heel
1i
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Vesco
Daily Tar Heel
Tuesday, Apiil 30, 1974
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not off hook
NEW YORK Despite the acquittal of
former cabinet officers John N. Mitchell and
Maurice H. Stans on criminal conspiracy
charges, the government said Monday
fugitive co-defendant Robert L. Vesco is not
off the hook.
U.S. Attorney Paul J. Curran said the
international financier "certainly will be
prosecuted if he should set foot in the United
States or moves to a country from which he
can be extradited."
Vesco fled the United States about a year
ago. shortly before the indictment was filed
against Mitchell, 60, former attorney
general, and Stans, 66, former commerce
secretary.
Vesco has twice successfully thwarted
attempts by the U.S. Attorney's office in
New York to have him extradited from
Costa Rica and the Bahamas. On one
occasion, he was served with a warrant for
his arrest in the Bahamas, but threw it back.
Mitchell and Stans were acquitted of
charges they used their influence to impede a
Securities and Exchange Commission
investigation of Vesco in 1972. They did so,
the indictment alleged, in exchange for
Vesco' s secret cash gift of $200,000 to the
President's 1972 re-election campaign which
Mitchell and Stans headed.
hiinn
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from tha wir of United Prcn International
Compiled by Tom Scarritt and Valter Colton
Wire Editors
WASHINGTON President Nixon,
conceding that his refusal to surrender secret
White House tapes had "heightened the
mystery about Watergate" and caused
suspicions about his own role, said Monday
he will send edited transcripts to the House
Judiciary Committee that is considering his
impeachment.
Even before Nixon went on nationwide
television to announce his decision and to
say he also would make the transcripts
public. Chairman Peter W. Rodino Jr., D
N.J., said "we will accept nothing less" than
Kansas City teachers' strike ends Oilman freed
SAS CITY More than 62.000 children anrl 3 nfifl omnlnuoc imrinoH Ihmnnh J
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issues
decrees
LISBON Portugal's five day-old
military junta, in a series of revolutionary
decrees Monday, stripped leaders of the
former dictatorship of all their powers,
dissolved the former sole legal political party
and proclaimed May 1 an international
worker's day.
Representatives of formerly banned and
now legal left-wing political parties held
what they termed a very cordial 90-minute
meeting with the chief of the junta, Gen.
Antonio de Spinola.
They said they asked him to make way for
a democratic government as quickly as
possible and he replied that he wants to hand
over power to a provisional civilian
government in less than the three weeks he
originally promised.
"He told us he will accept the will of the
majority and move as quickly as possible,"
Lio Lima, spokesman for the group, told a
news conference.
In further moves to sweep away the last
traces of 46 years of dictatorship, the junta
announced the end of motion picture and
theater censorship. Press censorship already
has been abolished.
The junta sought to prevent the revolution
degenerating into a bloodbath by calling on
Portugese to end a witch-hunt of former
secret police agents.
KANSAS CITY More than 62,000 children and 3,000 employes trudged through
heavy rain into Kansas City's 93 schools Monday, formally ending the six-week
teachers' strike.
Teachers walked out of classes March 18 demanding a 16 per cent pay hike and
more voice in the district's educational policies.
The new contract gave them a guaranteed 8 per cent raise and another 2 per cent
contingent upon voter approval of a tax increase June 11.
Chemical leak continues in Chicago
CHICAGO Potentially dangerous chemical fumes continued to leak Monday
from a ruptured storage tank despite a four-foot thick concrete collar around a faulty
nozzle.
Gerald Spaeth, president of the Bulk Terminals Co., said more quick drying
concrete was being applied to the rupture at the company's tank farm on Chicago's
South Side. He estimated that about 400,000 gallons of silicone tetrachloride
remained in the tank.
Rescuers evacuate Peruvian valley
LIMA Army troops and rescue workers picked their way through the soggy
Andes mountains Monday to evacuate 10,000 persons from a flood-threatened
valley where landslides claimed more than 20Q lives.
The landslide blocked a river canyon in the central Andes mountains and created
an artificial lake 15 miles long. Authorities discounted fears the artificial dam would
burst and flood the valley below, but residents were being removed anyhow.
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BUENOS AIRES American oil
executive Victor E. Samuelson was freed
Monday seven weeks after the. Exxon
company paid a record $14.2 million ransom
for him, police sources said.
They said he appeared disoriented but
otherwise in good health. He was wearing
the same suit he was kidnaped in nearly five
months ago.
Samuelson, 37, of Cleveland, Ohio, the
father of three pre-teenage children, was
kidnaped Dec. 6 from, the Esso. refinery
company cafeteria at Campana, 50 miles
north of Buenos Aires, by members of the
People's Revolutionary Army (ERP), a
leftist guerrilla group.
Esso, a subsidiary of Exxon Corp., paid
the record ransom March 11 with 142,000
one hundred dollar bills in brief cases.
But weeks passed with no news of
Samuelson. Financial sources said the
guerrillas apparently delayed his release
until they could "launder" the ransom
money, that is, change it at various foreign
banks so the cash could not be traced.
the actual tapes so the committee can decide
for itself whether or not Nixon was involved
in the bugging scandal and its cover-up.
The President said the transcripts would
be released, "blemishes and all," even though
they may "embarass" him and the officials he
talked with. He said one reason he hesitated
to release the tapes was that I was frankly
quite concerned about the political
implications.
Speaking from the Oval Office and
flanked by a stack of blue-bound volumes he
said contained the 1,200 edited pages of
transcripts of Watergate-related
conversations from Sept, 15, 1972 through
April 27, 1973 that would be sent to the
committee, Nixon said his reluctance for
many months to part with the tapes was
because he had been trying to protect the
confidentiality of his office.
I am well aware that my sensitivity to this
principle has heightened the mystery about
Watergate and caused suspicions about my
role," the President said. " There arc many
people who assume the tapes must implicate
the President, or why else would he insist on
secrecy."
But he said the tapes prove his innocence
and will refute the "allegations and
insinuations" that had linked him with
scandal.
He said he would invite Rodino and the
ranking Republican on the committee.
Edward Hutchinson of Michigan, to listen to
the actual tapes to verify the transcripts.
If there is any disagreement, he saif '.c
will "meet with them personally" to di
it.
Soviets pledge peace assistance
ALGIERS U.S. Secretary of State Henry A. Kissinger, in a crucial step toward a
Middle East peace settlement, obtained a promise of Soviet assistance in his efforts to
promote a troop withdrawal agreement between Israel and Syria on the Golan Heights front.
In a joint U.S.-Soviet communique issued as Kissinger arrived in the Algerian capital from
Geneva and seven hours of talks with Foreign Minister Andrei A. Gromyko. both sides
-agreed to exercise their influence to obtain a Middle East peace settlement.
Geneva was Kissinger's first stop on his fifth peace-making mission to the Middle East
since the October war. He has conceded it may be his toughest assignment yet.
Kissinger stopped over in Algiers for talks with President Houari Boumedienne. one of the
Arab hardliners.
While he met with Gromyko in Geneva, Israeli and Syrian warplanes dueled over the
. Golan Heights in the worst air clashes since the 1973 Middle East War. A total of nine planes
were claimed destroyed by both sides.
On the ground, more tank and artillery battles were reported on Mt. Hermon in the 49th
consecutive da"y of fighting on the Israeli-Syrian cease-fire lines.
Kissinger met with Gromyko to soothe Soviet resentment over his successful shuttle
diplomacy, putting them in the backseat of peace negotiations.
The Soviets have bolstered the Syrian arsenal in an attempt to force the United States to
reckon with Moscow in peace negotiations.
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