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Lance Hearings #50329

ABC Evening News for Thursday, Sep 15, 1977
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(Studio) Bert Lance goes on the attack.
REPORTER: Barbara Walters

(DC) Lance presents good offense. [LANCE - reading statement, says fair play has been ignored by some committee mbrs.] Lance testimony summarized. [LANCE - reads of informing committee in detail; of personal loans; overdrafts.] Mrs. Bert Lance identified on screen. [LANCE - reads of airplane usage.] Lance ends with Abraham Lincoln quote. [LANCE - concludes statement.] Applause.
REPORTER: Frank Reynolds

(DC) Abraham Ribicoff reads into records overdraft information with regard to Mrs. Lance, his campaign committee , and relatives. [RIBICOFF - reads overdraft amts.] Unsoundness of such practices noted by bank examiners. Charles Percy challenges Lance on using same stock as collateral on 2 loans. [PERCY - questions Lance with regard to wording of note.] [LANCE - responds.] [PERCY - speaks of Manufacturers Hanover bank officer's testimony with regard to stock dividends.] [LANCE - notes that he is not a lawyer.] Lance strategy characterized. Struggle said just begun.
REPORTER: Dan Cordtz

(DC) Effect of Lance affair on Jimmy Carter considered.
REPORTER: Frank Reynolds

(DC) President welcomes prime minister of France. Speculation is Lance future depends on performance before cute. Carter, by telephone, to radio and TV news dirs. in San Francisco, California, answers questions with regard to Lance. [CARTER - speaks of mistakes of overdrafts, but still is supportive of Lance.] Film of meeting shown. Jody Powell and Hamilton Jordan say Lance made good impression at hearing. Carter's feelings speculated upon.
REPORTER: Sam Donaldson

(DC) Prevailing opinion is that Lance will have to go. Lance's attempt to place Senator and press on trial by the public noted.
REPORTER: Frank Reynolds

Reporter(s):
Cordtz, Dan;
Donaldson, Sam;
Reynolds, Frank;
Walters, Barbara
Duration:
00:08:40

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