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ITT (International Telephone And Telegraph Corporation) / Chile #25002

ABC Evening News for Tuesday, Mar 20, 1973
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(Studio) House subcommittee releases documents naming high Nixon officials in connection with efforts by ITT (International Telephone and Telegraph Corporation) to win favorable antitrust settlement. Senator investigates ITT (International Telephone and Telegraph Corporation) efforts to protect interests in Chile today.
REPORTER: Howard K. Smith

(Capitol Hill) Head ITT (International Telephone and Telegraph Corporation) Washington, DC office, William Merriam, tells Senate subcommittee how co. tried to influence United States policy towards Chile. Merriam says ITT (International Telephone and Telegraph Corporation) traded intelligence with CIA and met with White House aides in effort to prevent Chilean President Salvadore Allende from taking over ITT's Chilean holdings. ITT wanted United States to threaten Allende with economy measures against Chile. [Senator Edmund MUSKIE - asks if this threat wasn't equal to blackmail.] [MERRIAM - says Allende stole ITT (International Telephone and Telegraph Corporation) property without compensation. ITT (International Telephone and Telegraph Corporation) was hoping for government help.] Later ITT (International Telephone and Telegraph Corporation) witness Jack Neal said ITT (International Telephone and Telegraph Corporation) offered to assist with large sums money for any government program against Allende.
REPORTER: Bill Zimmerman

Reporter(s):
Smith, Howard K.;
Zimmerman, Bill
Duration:
00:02:20

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