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OCR Page 1 of 33This Copy For
PRESIDENT RICHARD M. NIXON'S NEWS CONFERENCE #27
Held at La Casa Pacifica
San Clemente, California
August 29, 1972
At 11:03 A.M. PDT (Tuesday)
Official White House Transcript
THE PRESIDENT: We will go right ahead with your questions,
because I know you want to cover perhaps some international as
well as domestic matters, including, I understand, for the
first time, political matters.
QUESTION: Mr. President, are you personally investigating
the mishandling of some of your campaign funds, and do you agree
with former Secretary Connally that these charges are harmful
to your re-election?
THE PRESIDENT: Well, I commented upon this on other occa-
sions, and I will repeat my position now.
With regard to the matter of the handling of campaign
funds, we have a new law here in which technical violations
have occurred and are occurring, apparently, on both sides.
As far as we are concerned, we have in charge, in Secretary
Stans, a man who is an honest man and one who is very meticulous,
as I have learned from having him as my Treasurer and Finance
Chairman in two previous campaigns, in the handling of matters
of this sort.
Whatever technical violations have occurred, certainly
he will correct them and will thoroughly comply with the law.
He is conducting any investigation on this matter, and conduct-
ing it very, very thoroughly, because he doesn't want any evi-
dence at all to be outstanding indicating that we have not com-
plied with the law.