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Campaign 1976 / Ford Cong. Finances Investigation / Grand Jury #243231

CBS Evening News for Friday, Oct 08, 1976
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(Studio) Watergate special prosecutor Charles Ruff takes investigation of President Ford's congress finances before grand jury today with testimony by president of Marine Engineers' Union.
REPORTER: Walter Cronkite

(DC) Only comment by Marine Engineers Beneficial Association president Jesse Calhoon to question with regard to testimony is cough. Sources say Calhoon given grant of immunity from prosecution and asked about allegations union gave money to Republican cmtes. in Grand Rapids, Michigan and committee staff members routed money back to Ford to use personally. Prosecutor Ruff conts. no-comment policy; indications are possible tax charges against President being investigated. Contributions of union noted; reporter says even if portion routed to Ford and used personally, amount would be small compared to annual income. Tax lawyers say Justice Department doesn't usually start criminal investigations unless unreported money substantial, but even when amts. small, they do sometimes prosecute when circumstances special and violation considered flagrant.
REPORTER: Fred Graham

Reporter(s):
Cronkite, Walter;
Graham, Fred
Duration:
00:01:50

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