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Spiro Agnew — Part 17

182 pages · May 11, 2026 · Broad topic: General · Topic: Spiro Agnew · 182 pages OCR'd
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A I NE ES OE BLT GS EE RE CLALIT At me ne mR an ~35- The amount of work that Matz's company received from the State Roads . Commission continued to increase substantially, and, on at least one occasion, Matz was asked by Wolff if he was taking care of his "obligations" with respect to his confracts. Matz told Wolff thathe was taking care of his obligations “directly.” Although Matz's company received several substantial State contracts y in 1967, he made no payments that year. On the basis of his experience, he assumed that he would have tomy 5% of the fees that his company received from the State on these contracts. The contracts and fees that their company was receiving from the State Roads Commission were much more substantial than those it had ever received before, and Matz and Childs therefore decided that they would defer making payments until after they had received fees from the State. No payment was made until the summer of 1968, by which time Matz knew that he was behind in his obligations.. He was anxious to fulfill them because he wanted to maintain his reputation as a man who could be trusted to fulfill his obligations, in order to ensure that he would continue to receive substantiaz amounts of work from the State Roads Commission. Although his company was in a financial position to make the large payment that was due, he knew that it would ‘be extremely difficult to generate safely the substantial amount of-necessary cash, particularly if he continued to rely exclusively upon his usual methods for generating the money with which -to make cash payments.
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