September 11, 1974

The Federal authorities said last night that th:ey had broken network responsible for distributing all illegal amphetamine tablets in the United States. They began unsealing 102 Indictments in. 11 cities and arieeting sus pects. Page 25

Investors Funding Corp of NY and 4 of its top officials are indicted Sept 10 by Fed grand jury on charges of authorizing payments of $1.4-million in bribes to try to win approval for $250-million commercial project, George Washington Plaza, in Fort Lee, NJ; also indicted are Valentine Electric Co, co pres Andrew Valentine and vp Joseph Diaco, and LI developer Nathan Serota; in another development Arthur Sutton, original developer of plaza, pleaded guilty to charges that he had taken part in attempt to bribe Fort Lee Mayor Burt Ross and had kicked back $310,000 of Investors Funding money to co officials; indictment is seen as severe blow to Investors Funding, whose stock has dropped from $47 in '69 to $1 per share; also indicted were Norman Dansker, pres and bd chmn of Investors Funding, Stephen Haymes, exec vp, Warner Norton, vp and asst sec, Donald Orenstein, sr vp; Dansker and Haymes were named in 2d indictment on charges of evading income taxes in '72 and '73; maps; pors of Dansker, Goldstein and Haymes (L)

memo to special Watergate prosecutor Leon Jaworski from deputy special prosecutor Henry S Ruth Jr listing 10 areas of possible criminal activity that may have involved former Pres Nixon includes investigations into handling of campaign funds by close Nixon friend C G Rebozo 'for personal benefit' of Nixon and charges about milk indus contributions to Nixon campaign in return for Nixon raising milk price supports; memo was released on Sept 10 (M)

White House deputy press sec John W Hushen says Pres Ford is studying possibility of pardoning those persons convicted or accused of crimes in Watergate and related scandals, press briefing; after suggestion of further pardons met with almost universol opposition in Cong, high White House official, in attempt to minimize Ford's intentions in matter, says he doubts Ford will give very serious consideration to pardoning Watergate defendants; Hushen says Ford was aware that his pardoning of former Pres Nixon would be controversial but that he did not expect that Adm would become so engulfed in after-effects of Watergate scandals; White House counsel Philip W Buchen says he has not been brought into study of further pardons but assumes that he will be; there is speculation, which White House officials try to discourage, that Ford is considering being more lenient in dealing with Vietnam War draft dodgers and deserters than he had originally planned in view of protests against Nixon pardon

BASEL, Switzerland, Sept. 10 —Western monetary authorities, in a move to shore up financial confidence and prevent a collapse of the international banking structure, announced today that “means are available and will be used if and when necessary” to help banks that get into trouble through no fault of their own.