Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-08-31

tivity would increase the political inter.
est he said.
'It was then the purpose, and it has
been since, to endeavor to limit the con
tribution to a maximum of a thousand
dollars for any one year. for any in
dividual, or a thousand dollars before
the nominating convention and thou
sand after
eve have tried to adhere to that plan"
GIVES ITEMS OF
BUDGET AS PLANNED.
After explaining the machinery
through which the plan was put into eff
feet, Hays produced the S3,000,O00 budget
he said had beer worked out.
1t showed the division of the money
for the following purposes
Speakers bureau, $255,1O0
Headquarters expense Washington,
New York, Boston, Chicago, Denver and
Gan Francisco, $75O,s74.20
Rents all headquarters, $1346sJ0O.
General expense, $6S0920.
Hays next took UP the alleged quotas"
which Cox charged had been levied for
states and cities.
at different periods different quotas
have been suggested by the treasurer's
office as tentative goals in different
states, and the state committees them
selves have fixed different Quotas" he
said
These are changing constantly, and
always, of course, were made very much
higher than the amount either necessary
or anticipated.
"The fact is the quotas meant little
Furthermore, whatever may have been
suggested as quotas by over-zealous so
licitors in their enthusiasm in different
localities, the fact remains that GER
tain amount was believed necessary and
the budget above referred to was -indi-
Gated therefor.
There is actually a deficit in the re-
publican treasury Of S2S,31469," Hays
said
After the convention he said the net
balance in the hands of the national com
mittee was S196.621.27.
CAMPAIGN TREASURY
DEFICIT Is SHOWN
"since the 1920 convention there has
been raised by the national committee
for its own use $61s,O1354, up to Aug.
20 1920
During this period there has been
raised by the Estates whore we have a
Joint working arrangement for their
own use, 1899, pitts" said Hays.
There was on hand on Aug. %. 1920,
in the national treasury, S155,125.3l, and
we owe 100000
This amount has been borrowed In
order to anticipate expenditures.
"Of this we have loaned to the con-
gressional campaign committee SlSs,oOO;
senatorial campaign committee, S5O,OOO'
and state campaign committees. S3soOO.
From June IA to Aug. 20, 1920. the ma
tional committee has expended Ss40,-
O09.50
This leaves a deficit Of s2s,s74.69 on
Aug. %, 1920.
However. we have on hand uncollect-
ed pledge cards amounting to sZ9l 1888,
all due between now and Oct !.
1.-THE treasurer has these pledge cards.
These pledges come from every state,
and ara from 1904 persons, with an aver
age contribution Of S126.55 per person.
"Of these 2.3o4 pledges, none is over
$1,000 except two, which are for 5000
each
1.-THE names OF all contributors, to
gether with the amounts they have given.
from June IA TO Aug. 26, 1920, are here
for the inspection OF the committee.
During this period from June IA, 1920,
70 Aug &c, 1920. there were 1880 men
and women contributors to both the ma
tlonal committee and TO state commit
tees through the Joint collecting organ
izatlon an average OF S211.
"Of these none has been over the
81 600 rule, except eight, which eight
have given a total Of SIS. S00-an aver
age Of Sl.6S750
"Of this amount 1892, % was spent
THE highest Of these was $500.
During approximately the nineteen
months between Dec. !. 1918 and June
- $500 fhn uaAfoneT committee raised
s.. 365 s97.49