IT began with Columnist Jack Anderson's charge that the Administration last summer settled antitrust suits against ITT in exchange for a $400,000 pledge by an ITT subsidiary to help underwrite the Republican National Convention in San Diego. The settlement was relatively favorable to ITT, though by no means a bonanza, and no specific quid pro quo arrangement has been proved. Indeed, it seemed naive to suggest that a superconglomerate with assets of $6.7 billion would try to buy the favor of the Department of Justice for such a comparatively trifling sum—or that...
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