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Politics and Financial Disclosure Laws #248869

CBS Evening News for Monday, Oct 10, 1977
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(Studio) Wkend. report with regard to government deposit in Bert Lance's Georgia bank noted. Is illustrative of cntry.'s preoccupation with full disclosure and ethics.
REPORTER: Walter Cronkite

(DC) During Lance hearings, Senator John Glenn remarked that Senator ethics stance is driving good people out of office. But Glenn not sure if pendulum has swung too far. [GLENN - thinks background of nominees must be delved into thoroughly, but asks if all of individual's relatives are to be expected to come to same standards as nominee. Thinks it's sometimes applied unrealistically.] Full disclosure and conflict of interest laws in Florida noted. [Governor Beubin ASKEW - says public in democrat wants to feel election officials are working for them and way to do this is thru disclosure and conflict of interest laws.] Florida pols.' disclosures are kept in State Capitol in Tallahassee; Askew's assets noted. Not all Florida pols. agree law is good. James Clayton, of DeLand, was suspended from school board by governor when he refused to disclose; he has filed suit. [CLAYTON - thinks it's encroachment on his freedom and that this must be made clear to public.] 36 states now have such laws and most report no decline in number or quality of people willing to serve or run. President cnsl. Robert Lipshutz says he's disinclined to believe disclosure discourages public service. [LIPSHUTZ - says there's been little resistance to disclosure and knows of

Cronkite, Walter

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