Senate Select Committee on Presidential Campaign Activities, June 6, 1973
Senate Select Committee on Presidential Campaign Activities, June 6, 1973
[01.00.10] Senator GURNEY. Then after the transfer to the Committee To Re-Elect the President--that is the finance committee-- you just continued that practice and then as far as the amounts of cash were concerned, that remained in either lockboxes or laid in safes-, that decision was made by Mr. Stans is that correct? Mr. SLOAN, Yes, sir. I never made, to the best of my recollection, any deposit out of these funds without having had instruction from him. In terms of distribution, it would have been one of the various people we, have discussed that had authority, that I recognized their authority to make this decision. Senator GURNEY. Did you ever ask Mr. Stans, what do we need to keep this cash here, x hundred thousand dollars and what do we need it for? Mr. SLOAN. No, sir, I never asked him that, except in the--no; I never asked him that kind of question. Senator GURNEY. Who had access to the lockboxes? Mr. SLOAN. I think it varied at different times, I think initially, probably Mr. Kalmbach and myself were two of the signatories; probably two of the girls in my office were the other two. It would have taken two at any one time. Maybe there were only three at that point. Senator GURNEY. Where were the lockboxes? Mr. SLOAN. In the bank vault downstairs of the building where we were located, the First National Bank of Washington. At that time, Mr. Francis Raine--- Senator GURNEY. Mr. Francis who? Mr. SLOAN. Raine, R-a-i-n-e, of California, was a signatory on one of the boxes. Senator GURNEY. Now, he worked for the Committee To Re-Elect the President? Mr. SLOAN. No, sir; he did not. Senator GURNEY. Who did he work for? Mr. SLOAN. My first meeting with Mr. Raine was, I believe, sometime in February 1972, when he transmitted to Washington on behalf of Mr. Kalmbach several hundred thousand dollars in cash which were represented to me as being a carryover of 1968 funds. I think we had initially set up a separate safe deposit box from the one we already had for those funds. Senator GURNEY. Any of them had access to the lockboxes during the time Mr. Kalmbach was your boss; is that right? Mr. SLOAN. Mr. Stans may have been in place at that point in time, but Mr. Kalmbach was still very active as a fundraiser and at one point in time in March was actively an officer of the committee. Senator GURNEY. Do you know whether Mr. Raine ever made any withdrawals of cash at any time? Mr. SLOAN. I know he has not, because I kept the records and eventually consolidated this all in the safe in the office. I can verify that no money that ever came under my control was ever taken out without my knowledge. Senator GURNEY. And who else had access to the lockboxes? Mr. SLOAN. I think just so there would be other people around, think Jane Dannenhauer, my secretary, would have been a signatory. Eveline Hyde, might have been. I think Judy Hoback, just as a function of having somebody who would be there if Mr. Kalmbach came to town and I was out, just so somebody would be in the office who could act as a second signatory. Senator GURNEY. Any withdrawals of cash from lockboxes were made by you, is that correct? Mr. SLOAN. Yes, sir. Senator GURNEY. How many were made? Mr. SLOAN. I have forgotten, Senator, precisely when we got the safe. The procedural handling of cash funds was the same throughout. I kept a cash-in and -out book, recording receipts and distributions, so that I kept an ongoing record wherever it happened to be at that particular time. Senator GURNEY. This is a record you later gave to Mr. Stans? Mr. SLOAN. In summary form. In other words, the figures would be aggregated--Mr. Liddy, $199,000--not just the individual occasions when money was given to him. [01.04.03--TAPE OUT]