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Presents information on criminal fraud committed by Ralph G. Newman, the appraiser of U.S. President Richard Nixon once tax-deductible gift of vice presidential papers. Change of statements by Newman; Investigation of the matter by the U.S. Internal Revenue Service; Reasons given by Newman for his earlier misstatements; Statement by Newman that he had reviewed his files and his activities pertaining to the Nixon gift.

Advertisers are questioning the economic efficiency of the advertising campaigns created by their agencies. The public is questioning the honesty and integrity of advertising. The industry has responded to criticism by setting up mechanisms for self-regulation. But can this step work if advertisers and agencies do not take the need for improvement seriously? A look through almost any newspaper or a few hours in front of a TV set will make it clear that much advertising continues to be false, boring, and irritating. The current fad of disparaging the competition does not help. All this raises basic questions that advertisers and agencies should ask themselves before it is too late, that is, before the lawmakers transfer more advertising and marketing responsibility from private business to federal and state agencies. [ABSTRACT FROM AUTHOR]

The article discusses the impact of President Gerald Ford's pardon of Richard Nixon. Accordingly, Ford has pardoned his predecessor by virtue of an executive power and provisions of the U.S. constitution. The pardon will relieve Nixon the threat of indictment, prosecution and conviction on federal charges arising from the Watergate scandal. It adds that the Republicans have applauded the President's decision, while the Democrats generally have condemned it. Some supporters agree that Nixon has suffered enough, while critics and legal experts charge that Ford has established a dual system of justice and put Nixon above the law.

The article reports on the audited tax liabilities of President Richard Nixon in the U.S. Accordingly, the agents of the Internal Revenue Service (IRS) had computed Nixon's back taxes plus interest amounting to 460,000 dollars, while the staff of the Congressional Joint Committee on Internal Revenue Taxation came up with a higher tax and interest liabilities. It adds that neither agency nor committee made any accusation of fraud on the part of the President because he declared that he would pay the IRS bill. However, his present tax lawyers Kenneth W. Gemmill and H. Chapman Rose have dissented from Nixon's decision.

The article focuses on the psychic phenomena in the U.S. and abroad. It states that the book "The Secret Life of Plants" became a bestseller in the U.S. by offering an astonishing and heretical thesis. It also states that the image of painting is transmitted by extrasensory perception (ESP) at the Maimonides Medical Center in New York City. It adds that in England, 70 percent of the respondents believe in the possibility of extrasensory perception. It also adds that Charles Tart of the University of California reported that his subjects showed a marked increase in extrasensory perception.

This article discusses the effort of the U.S. Securities and Exchange Commission (SEC) to scrutinize lawyers and accountants about their responsibilities for detecting and reporting securities fraud. It explores the role of Stanley Sporkin, director of the division of enforcement, in achieving success in fraud investigations and prevention. It also details the procedure for appealing the decision of the administrative law judge to the commission.

World news briefs are presented. The possibility that Nelson Rockefeller might seek the Republican nomination for President in 1960 is mentioned. The fraud on NBC television programs "Twenty-One" and "Tic Tac Dough" is mentioned. The organization of the United States space program is compared and contrasted to that of the Soviet Union.

The article reports on U.S. President Lyndon B. Johnson's 1967 State of the Union Address where he called for continued efforts to fight against poverty and claimed he wanted "no wider war" in Vietnam. New York City Mayor John Lidsay proposed that the city fight urban poverty by depositing city funds in banks located in "slums" in an effort to encourage business lending. Fraud associated with promotional retail games in the U.S. is discussed.

This article offers world news briefs for the week of August 21, 1965. Particular focus is given to the impact of a severe drought in the northeastern states of the U.S. The article also discusses the policy of the U.S. Postal Service of visiting employers of individuals suspected of receiving or sending obscene mail. Further article topics include consumer fraud in Washington, D.C. and the nomination of Abe Fortas to the U.S. Supreme Court.

This article presents news including the completion of hearings on medical frauds the victimized the elderly by the Senate Committee on Aging, the second phase of the strategic arms limitation talks, which is set to begin in Geneva, Switzerland, on November 21, 1972, and the promotion of Henry Kissinger's announcement of the conclusion to the war in Vietnam as the 1972 presidential elections approaches.

The report of the New York State Assessors contains the new old complaint, which comes up yearly from all the States, about the difficulty of taxing personal property. The assessed value of real estate for 1883, in spite of many imperfections in the mode of valuation, has increased by $124,556,861, from 1882, to $2,557,218,240, while the assessed value of personal estate has within the same period decreased by $35,982,1 4. The amount of fraud represented by the apparent decrease in the value of the personal property in the State during the last twenty years is of course enormous. The study of Irish history is sad and depressing, but most instructive. Never did effect follow cause step by step with more unerring and remorseless certainty. Three hundred years ago Ireland was dominated by tribal divisions and customs as degrading as those which prevailed in England before the Anglo-Saxon invasion.

The article focuses on the teams of cops or compliance men set up by brokerage houses to prevent stock frauds in the U.S. According to American Stock Exchange (Amex) executive Paul Kolton, it took the collapse of Edward N. Siegler & Co. to make it realize that a conspiracy might have been behind price gyrations. The cops are tasked to look for unauthorized churning of a customer's stocks by a salesman and trading by salesmen for their own accounts. The presence of deadbeats or customers who do not pay for stocks they order is discussed.

The article focuses on the federal indictment faced by president Anthony DeAngelis of Allied Crude Vegetable Oil Refining Corp. It states that the U.S. government had charged fraud and forgery against DeAngelis, who established his company on credit. Meanwhile, it mentions that DeAngelis is blaming his problems on others such as the U.S. Department of Agriculture for overestimating the overseas requirements for salad oils and the big exporter of commodities and customer of Allied Bunge Corp.

The article discusses some general issues related to the U.S. The confession of the Chairman of the Florida Returning Board, that there was fraud in counting the votes at the last Presidential election, which gave the state to Rutherford Hayes when Samuel Jones Tilden was really entitled to it, will not surprise most of the people. They have never doubted, and have never concealed their conviction, that gross cheating took place in this election. However, the present situation imposes a duty on politicians to adopt such a election process which will prevent these frauds to occur again. The special report of Major J.W. Powell, in charge of the U.S. Geographical and Geological Survey of the Rocky Mountain region, presents a view of the climatic and other conditions governing the greater part of the national territory still unsettled and of imperfections of the present laws for its disposal that invites serious attention.

The article discusses the latest developments in the U.S. movie industry as of August 17, 1957. The movie company, Loew's, Inc., faces an uncertain future due to the disputes among its owners that led to the filing of lawsuits like slander, conspiracy and fraud. The factions of incumbent president Joseph R. Vogel and the firm's biggest stockholder Joseph Tomlinson are in a bitter struggle to take over the company. The allies of Tomlinson are Louis B. Mayer and Stanley Meyer.

In this article, based on a research survey of 157 companies, the author discusses business response to consumer needs, wants, problems, and preferences. As an observer of business and marketing management, he was certain that more positive action was occurring than the public was being told about. But his findings show that this has not been the case. The problem appears to be not one of economics or ability to respond, but of management attitude. [ABSTRACT FROM AUTHOR]

The author examines insider trading and discusses some of the objections to this practice. The author argues that insider traders can be divided into two categories, investors and speculators. According to the author, insider trading by investors does not disrupt the securities markets as much as speculation. The author argues that insider trading encourages entrepreneurship in large corporations. A rule to prohibit insider trading would benefit short-term speculators and not long-term investors, the author argues.

This article presents a critique of the hard-sell approach to business marketing and advertising, which are accompanied by various cartoon drawings to illustrate points in the article. The article discusses the advertiser's desire for certainty, the presentation of mythical and magic formulas as real solutions in advertising, the display of statistical methods to convince consumers, and the disrespect for the intelligence of those consumers. The article describes advertising as a communicative art and not a science.

The article mentions taxation and abuses of expense accounts in the United States. Abuses include inflating the actual expenditures for travel and entertainment or claiming deductions for personal expenses such as business meetings, travel expenses for the executive's spouse, club dues, farms and resorts, luncheon schemes, and company cars. Three methods for managing employees' expenses are: reimbursement by the employer; direct billing to the company; and payment made to employees in addition to their salaries. Topics include a tax rule for straw businesses, Internal Revenue Service's Ruling 57-502, four reasons for putting deductions on employers' tax returns, a travel allowance for the self-employed, and four expense categories that are deducted directly from gross income.

This article presents information on economic, political and social issues. The Republican candidate for Auditor for Massachusetts, has withdrawn under charges of conspiracy to defraud the Government while acting as United States Collector of Internal Revenue in Georgia between 1869 and 1872. The eleventh meeting of the American Library Association, held last month, was better attended than any previous convention. Two hundred and fifty persons over-taxed resources of the hotel, and, in the matter of crowding, women were treated worse than men.

This article discusses some international issues. The great diamond swindle which was exposed in San Francisco, California on the 28th of November, astounded that city of surprises and speculations like an earthquake of which there had been some premonitory rumbles, but or the catastrophe of which there were few persons ready. The first week of the session of the U.S. Congress is over. What it will bring forth in three months of labor it is too early to predict. But one thing is clear already, "the era of good feeling" has not been entered upon yet.

This article focuses on prevailing political conditions in the U.S. and around the world, as of January 19, 1871. An investigation with open doors into the alleged frauds in the Methodist Book Concern has at last been commenced and is now pending. The main fact of the case is that the superintendent in charge of the Concern declared, a year and a-half ago, that he had discovered serious waste and even dishonesty in its management. In another development, the threatening attitude, so suddenly assumed by Russia towards her southwestern neighbors, while declaring her determination no longer to abide by all the stipulations of the Treaty of Paris, has caused quite a ferment among the Slavic populations of the Austro-Hungarian Empire, on both sides of Leitha.

The article focuses on prevailing political conditions in the U.S., as of March 4, 1869. The past week has been a dolorous one for "the men inside politics." The experiment which U.S. President Ulysses Simpson Grant has been making at Washington, in selecting a Cabinet without their aid and in steadily but civilly repulsing all their attempts at interference, is one which had to be made sooner or later, as an indispensable preliminary of all reform and on the final success of which the future of the Government will largely depend. The majority and minority reports of the committee appointed to investigate the naturalization frauds of last fall are at length published.

The article offers tips on how investors in the U.S. can detect the fraudulent methods of stock selling. It asserts that the quality of stock being sold is likely to vary inversely to the sales pressure being applied to such selling. It describes how fraudulent stock selling is being conducted by personal agent, by telephone or telegraph, and by mail. It also warns investors about tipster sheets and market newspapers aimed at luring the gullible into questionable stock issues.

The article examines how unscrupulous U.S. businessmen operate their investment scams. It lists twelve methods of fraud, including a scheme that uses land as bait for investors, falsely representing participating certificates as bonds, and peddling low-priced European stocks at a false valuation. The article also presented a 10-rule guide for investors released by the Attorney General of New York, which advises to know the stock broker, ask experts about the company, and have a witness present.

A quiz about current affairs is presented.

Several letters to the editor are presented in response to articles in previous issues including "The U.S. Gets a Policy" in the February 26, 1951 issue, "Giants in a Snare" in the January 15, 1951 issue, and "Case of the Barren Mink" in the February 19, 1951 issue.

This article presents the political condition of the United States. It is the moment when the country desperately needs a leftward movement of wide appeal, the Republican Party has become the refuge of the arid Right. Its conservative guise is a fraud. A politician does not become a creative conservative by capitalizing the first letter of the word. In the coming campaign, liberals should not be intimidated by the outworn cliché that national stability depends on the existence of two major parties, each half liberal and half reactionary.

The article presents information on political developments in the U.S. and other parts of the world. The U.S. elections of 1867 have, of course, had a powerful influence upon the minds of the southern people and have materially changed the political prospect in the South. A repetition of the Republican parties victories of 1866 would have ensured the process of reconstruction against every danger, except the extremest folly of its friends. An "awful exposure" of the moral condition of the mercantile classes in England, as illustrated by the trade frauds and banking frauds and railroad frauds which have been so numerous of late, appeared recently in the London Spectator. It was a frightful picture, but it was a picture of a kind which the condensation required by periodical writing has of late made very common.

The article discusses the established legal precedent relative to product dress and design and unfair trade practices in the U.S.. The article reviews the cases of McIlhenny v. Bulliard and Potter-Wrightington, Incorporated v. Ward Baking Company and attempts to imitate or copy product packaging in a way that might deceive consumers as to the real manufacturer. Other cases where similar packaging was utilized, but defendants were not in violation of trying to pass goods off as products of another company, are also presented. Numerous court actions relative to unfair trade practices are used to illustrate the author's suggestion that unfair trade comes into play when a cumulation of resemblances is apparent and probable.

The article discusses the situation that has arisen in the wake of the end of World War I, where many holders of U.S. Liberty bonds have been convinced to exchange their bonds for investments in fraudulent concerns. The article addresses the available means of redress through the legal system. The article discusses the difficulty of the American system, which is decentralized through the states, and looks to the British model of preventing fraud in the control and management of companies. The implications on business and investment of the British Companies Act of 1908 are discussed. The article debates the possibility of federal legislation mirroring the British model, and confronts some of the constitutional and state rights issues that may arise in such an undertaking.

The article reports on the continuous increase of fraudulent activities in the U.S. It states that the often target of these deceptions are veterans and military personnel. It mentions that in order to protect them on such schemes, the government attempted to pass the G. I. Bill of Rights and launched the Better Business Bureaus and the National Better Business Bureau in New York.

The article focuses on the issue of ticket scalping being practiced in the theaters of New York. It mentions that even though the New York theater is recording high business, ticket scalpers are making maximum money from ticket black marketing and discusses the role being played by ticket brokers in conducting ticket scalping. It also states about the efforts being made by New York City Commissioner of Licenses Paul Moss in involving theater owners in an industry self-regulation program.

The article reports on the efforts being done by U.S. Federal Bureau of Investigation (FBI) agents in May 1944 to investigate into the alleged failure of a shipbuilding company to construct a shipyard after obtaining government contracts worth one million U.S. dollars. FBI is conducting the investigation for the War Frauds Unit of the U.S. Justice Department. The article also ponders on how the U.S. government protects itself against fraud.

The article discusses the fraud charges filed by Associated Gas & Electric Co. (AG&E) bondholders to AG&E owner Howard C. Hopson. It says that AG&E had lent money to Associated Gas & Electric Corp. which resulted to the formers' instability. It tells that the case was turned over to the Securities & Exchange Commission (SEC) after the directors resigned. It adds that the courts' top problem is the determination of the validity of the Recap Plan and the transfer of AG&E assets to the corporation.

The article focuses on the testimony of Robert E. Kintner, president of National Broadcasting Co. (NBC), before the U.S. House subcommittee about the network's quiz shows. It mentions that Kintner started his testimony by offering NBC's official chronology of the "Twenty One" controversy. He also denies reading an article which appeared in the April 22, 1957 issue of "Time" which focuses on fraud in television quiz shows.