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This file contains:
Handwritten note. 1 pg. [Memo], n.d.
Memo from Bill Madden to Bob Haldeman. 2 pgs. Attached to previous. [Memo], 9/24/1962
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26127988
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WHSF: Returned, 62-1
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26127988
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WHSF: Returned, 62-1
description
This file contains:
Handwritten note. 1 pg. [Memo], n.d.
Memo from Bill Madden to Bob Haldeman. 2 pgs. Attached to previous. [Memo], 9/24/1962
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Richard M. Nixon's Returned Materials Collection
Returned White House Special Files
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Richard Nixon Presidential Library
White House Special Files Collection
Folder List
Box Number Folder Number Document Date
Document Type
Document Description
62
1
n.d.
Memo
Handwritten note. 1 pg.
62
1
09/24/1962
Memo
Memo from Bill Madden to Bob Haldeman.
2 pgs. Attached to previous.
Monday, August 27, 2007
Page 1 of 1
Dr
36
TO
IMPORTANT
URGENT
CONFIDENTIAL
INTER-OFFICE MEMORANDUM
Nixon for Governor
To:
BOB HALDEMAN
Date: September 24, 1962
From:
BILL MADDEN
DETERMINED TO BE AN
ADMINISTRATIVE MARKING
Subject:
Distribution:
Rose Mary Woods, Bob Hamilton
By E.O. RJP 12356 Section NARS, Date 1.1 4/10/87
At the suggestion of Bob Hamilton the following is being
directed to your attention. He advised me to label it important
and urgent.
The firm that has loaned me to the Nixon campaign full time
from April 15 through November 6 (Pioneer Investors Savings -
First Charter Financial Corp.) is headed by Mr. S. Mark Taper.
Mr. Taper owns in excess of 50% of the total outstanding stock
(6,000,000 shares) of FCF which is traded on the New York Stock
Exchange. FCF is now one of the largest savings and loan holding
companies in America with assets in excess of $1 billion. Mr.
Taper's personal assets are estimated to be in excess of $400
million. He is the builder who built the city of Lakewood in Los
Angeles and was a builder in England prior to coming to the U. S.
during World War II.
On Thursday, the 20th of September, I was telling Bob
Hamilton that on Tuesday, the 18th of September, I had a discus
sion with Mr. Taper at which time he urged me to be certain that
RN "knows you are working for him with my compliments." Mr.
Taper is very conscious of the fact that RN, when sitting in
Sacramento as Governor, will have legislation crossing his desk
for signature which will have a profound effect on the savings
and loan industry in general and occasionally the holding company-
owned savings and loans in particular. Mr. Taper, I understand,
is a Democrat but in my opinion his convictions are such that he
recognizes the necessity of friends on "both sides of the aisle."
As evidence: my request for a compensated leave of absence
to work on the Nixon Campaign was granted by Mr. Taper (Mr. Charles
Wellman, the President of FCF was chairman of Brown's Senate
Reapportionment Committee and he also approved my leave request).
The larger savings and loans in California have had a
difficult time getting branch offices approved. In particular,
FCF branch applications have been denied at a ratio of about 10
denied to every 1 approved. The current administration has followed
a policy of favoring the smaller associations over the larger ones
even in some instances when the smaller associations could not
perform the magnitude of financing required by some communities
(personal opinion). I'm sure that Mr. Taper feels that FCF-owned
savings and loan associations have not been treated fairly and, in
my opinion, he 1s very likely annoyed by the treatment from Sacramento.
Page 2
September 24, 1962
The whole point is this: If handled properly, a request
to Mr. Taper for a very large campaign contribution would probably
be granted. I have many reasons for believing this in addition
to that explained above. For example, Mr. Taper on the 18th of
this month insisted that I remind RN that his son-in-law, Mr. Joe
Bolker, had been a guest at RN's new home in Beverly Hills.
Bob, my position is this: There is obvious evidence that
Mr. Taper wants to be of assistance to the Nixon campaign. My
desire is to be certain that I do everything possible to help
secure victory in November. If desired by you, I will work with
you to approach Mr. Taper for a sizeable contribution. Please
call me if I can be of assistance.
P. S. Have found the advancing work extremely enjoyable and
again thank you for the opportunity to participate in
this phase of the campaign.