It could not have come at a more inopportune time, what with the election drawing closer and the President trying to cash in on the political benefits of his China trip. Last week, though, the Nixon Administration found itself laboring under the shadow of what could be a major image-damaging scandal. The charge was that for a price—a $400,000 gift to help defray this year's G.O.P. convention costs —the Justice Department had dropped antitrust suits against the International Telephone and Telegraph Corp. The President was only indirectly involved, but the accusations—so far...

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