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Lance Finances #254103

CBS Evening News for Tuesday, Sep 13, 1977
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(Studio) Senator Govt. Affairs Committee hears testimony indicating that Bert Lance anticipated appointed in Carter administration long before 1976 president election, and talked with federal officials with regard to how to solve banking problems that might affect it.
REPORTER: Walter Cronkite

(DC) Atlanta regional director of comptroller's office, Donald Tarleton, testifies to committee He is official who lifted federal restriction against Lance's Calhoun, Georgia, bank on same day Lance told him of appointed to Carter cabinet. Tarleton denies any connection. However, just before adjournment, Senator Charles Percy intros. new IRS (Internal Revenue Service) statements from 2 bank examiners, who quote Tarleton after earlier meeting with Lance, in May, 1976. One remembers only Tarleton's reference to Lance's likely appointed to admin. position if Carter won; Percy reads from other statement. [PERCY - reads statement, which says that Tarleton noted Lance had said he'd get appointed in Carter administration, and asked Tarleton what could be done about agreement between comptroller's office and Lance's bank, in event of FBI background investigation. Asks Tarleton if he did discuss lifting of agreement with Lance or any of his associates.] [TARLETON - has no recollection of it.] Lance to testify on Thursday and Friday
REPORTER: Barry Serafin

(Studio) Lance has personal meeting with President Carter.
REPORTER: Walter Cronkite

(DC) Lance doesn't talk to reporters after meeting; neither does President Officials insist they didn't discuss Lance resigning; top official says President told Lance earlier that no decision would be made about it until after Lance's testimony on Thursday Key congress sources are convinced, though, that Carter has made up mind that Lance must go. Other officials dismiss reports that trade negotiator Robert Strauss is being considered as replacement for Lance. Press Secretary Jody Powell conts. to field questions with regard to how much Carter knew of Lance's financial problems at time of appointed President has said he knew only of campaign overdrafts; however, transition team member says press release draft, referring to some of OMB director's troubles, was read by telephone to Carter, but not released at time. Lance recalls informing Carter with regard to loan losses at bank. Powell says that may be so, but President only remembers campaign overdrafts, and that Carter had no knowledge of any matter referred to Justice Department
REPORTER: Bob Schieffer

Reporter(s):
Cronkite, Walter;
Schieffer, Bob;
Serafin, Barry
Duration:
00:03:50

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