Vanderbilt Television News Archive

(Studio) News secretary Ron Ziegler briefs select newsmen with regard to President' financial statement to be made public tomorrow.
REPORTER: Roger Mudd

(DC) Film shows President explaining reason behind tax break on Vice President papers to eds. Nixon's Vice President papers actually arrived at archive before Congress passed law outlawing tax break on such gifts, but no deed of gift accompanied papers. General Services Administration administration Arthur Sampson considered archives to be custodian of Nixon documents through `69. Manuscript appraiser Ralph Newman insists his appraisal of Nixon papers didn't begin till November `69, 4 mos. after Congress passed law against such gifts getting tax break. Former deputy cnsl. to President, Edward Morgan, refuses comment on deed gift of signature. President' former tax attorney Frank DeMarco refuses interview with CBS. DeMarco's argument for President outlined. Columbia University law prof. George Cooper studies Nixon gift. Cooper agrees to interview with CBS's Robert Schakne. [COOPER - insists transfer of Nixon papers not completed in time for valid deduction.] Tax returns of all President kept in IRS office; officials refuse to discuss matter. [On November 17, 1973, NIXON - insists IRS (Internal Revenue Service) raised no questions, but if questions arise, papers to be taken back; taxes to be paid.] Appraiser Newman agrees papers have doubled in value since original appraisal.
REPORTER: Phil Jones