The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-06-11
TgAGRE CAMPAIGN PURSES.
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ut lpNa ~ tougtcsa tn MAKE
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.DrfInl electors NJ y Heprrasu,a.
...sa Ua go br voted Tor of any
.rf cato Legislature NJ y tinted
.I..r ivory corporation which
mr ,ouitihutinn IN violation NJ
going ufp,,aions shall be- subject
.. nn' exceeding si.Wv, and every
90 %..'u,'ut ~ any corporation who
aun, to my contribution nv tho
-.. n violation of the foregoing
Dr.. shril bo subject 10 a nne of not
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.rsat.pu II n similar character was
RAGGED ~ Albany lpat winter, and measures
~ import have been passed by the
lex .u'grc- II n number Of States within
tho Ia-' fcw months.
r. nl- learned In conversation with we'll
krurr hntnclcrs and representatives Of
lead.r, corporations in New York dty
that '1cy have hailed with delight the
adoption Il all such measures.
W. have been very much bothered by
requests for campaign funds for the last
fifteen years" said a great ~financia
authority, who Is "A Republican. "and Mt
times We have given to both parties. To
a certain extent we have followed the ex-
ample Of the late Jay Gould. who, while
a Republican at heart. contributed to the
campaign boxes Of both national committees
But there is to be no more Of that. and
We are all heartily glad of it. / have talked
with any number of my friends down
town, and they too are positively delighted
with the legislation which makes il I'M
lawful for us to contribute political cam
palgn funds. You may be assured. and
| hope you will say it in THE SUN, that
| and all the financial men with whom |
have talked have welcomed this legislation
with very much the same emotions with
which a ~erf would hail his liberation from
atyrannous autocrat."
Politicians, Republicans and Democrats,
gave it as their opinion that the legislation
making it unlawful for corporations to pro-
vide political campaign funds would have
two results-only very wealthy or only
very talented or popular men of notable
principles could be successful at the polls.
The legislation passed at Albany and
Washington, practical politicians pointed
ont Yesterday, makes the political mana ger
Of campaigns absolutely dependent upon
the indness Of personal sympathizers, and
in New York State no one personal SYM
pathizer can contribute more than 5000,
and even then both he and the campai On
committee, Republican. Democratic, Labor,
= Soclalisteand all, must make public aoknowl-
edgment of the gift, or on discovery be
fined for having committed a misdemeanor.
0fceholders, city State and Federal, can
not be asked for campaign contributions
under the civil service laws.
Take it all around" said a member Of
the Republican State committee of New
York, -and the next chairmen of the two
committees, ours and the Democratic, as
well as the next chairmen of the Republican
and Democratic national committees, will
have fits Of blind staggers trying to make
both ends meet, even for the most ordinarily
legitimate expenses. Take the corpora-
tons, for instance. They are almost en-
tranced with happiness because they are
now in a position to toe us unceremoniously
out of the door if we ask them for a penny
for campaign purposes. l don't think I
have seen some of the rich contributors
to political campaigns so happy in years.
They mean to take advantage of the laws
forbidding them to give money for polit-
ical purposes. ] don't think l ever saw
the re representatives. Of corporations 30
unanimously eager to obey a statute as
they are to obey, in letter and spirit, the
laws ~forbidding them to give political cam
raign funds"
The politicians in speaking of these mat
tiers said they naturally had given some
thought to candidates for Office, State and
Federal, and they figured the fortunes of
a few now in the limelight to be as follows:
Charles Warren Fairbanks, 5000. 900.
William r. Hearst. $40. oOo. 900,
Frank Wayland Higgins. $4,000 900.
William Jennings Bryan. $500. 900.
Joseph G. Cannon. 81. OO0, 900.
EUhu Root. $1,000, 900.
Leslie NJ. Shaw. $780, OO.
William II. Taft, $50, 900.
George b. Cortelyou. sis, 900. q
Francis Burton Harrison. 81. OOc, 900.
NJ Linn Bruce, SIS, 900.
Edgar T. Bracket; $500, 600,
Frederick c. Stevens. 81. 900. 900.
Joseph W. Folk. $4,000.
New York city Democrats said that one
Of the benefits to be derived from the new
laws against campaign contributions will be
ieIt right here in the city this fall, when
not one Of the candidates for Supreme Court
Justice ships will feel it incumbent upon
himself TO turn into the political till excess
i've contributions.
I am delighted with the new laws which
prohibit corporations from making cam
paIgn contributions" said a Republican
Stat" senator last night, land while | am
nor gong to tell tales out Of school, | Know
'hd' some OF my brethren who have been
members of legislative investigating com
mlii"e~ which nave visited New York city
within the last twenty years have been SUBJ
s~'an'la.ly aided in their campaigns by the
Yer. IDf4TaZtE ,rhtph tha,v cant 10 chic