Evening star., 1924-08-03
BOTH PART|ESF FIND
CASH RAISING HARD
p
Moneyed interests on Both
Sides Fail to View Stu .
alton With Alarm.
USE NEW METHODS
BY ROBERT IT. SMALL,

NEW YORK, August 2-Prelimi-
nary surveys of the usual sources of
supply" are said to be anything but
reassuring to the politicians charged
with raising the wind" for the COM
ing campaign. There has been no
great rush to contribute to the cof-
fers of either one of the old parties.
while the progresisves are faced with
the necessity of an intensive beating
of the bushes.
Nevertheless the strong boxes arc
being got ready with the confident
hope that as the fight gets under
way the streams of gold will flow
little more freely
Both the Republicans and the Demo-
Gratis are to experiment with new,
money-raising machinery and per-
sonnel. The Repu blicans will miss
the guiding hand of Fred Upham, the
ex-treasurer. whose divining rod
never failed to tap the reserves of
and alone, raised something like
80, 600, 900 during his terms with the
national committee. That is a, record
which no successor is likely to equal
Hodges of Denver. the new treasurer
of the Republicans, is making his
headquarters in Chicago, and is being
given all possible assistance by Chair
man Butler. Recently Mr.. Hodges
was in New York, where it is ex-
pected a goodly part Of both Repub-
lican and Democratic purses are to
be raised.
Real Scare Lacking.
The difficulty with the situation az
it exists today is that the moneyed
interests fail to view the outlook
with alarm. A calm satisfaction with
political prospects seem to pervade
the entire financial district and un-
less real scare can be thrown into
the vicinity of Wall Street some of
the old sources of revenue may prove
to be clusters" this year Treasurer
Hodges has the books of the previous
campaigns and also the sources from
which the big Republican deficit aft
er the 1920 campaign was wiped out.
With these in hand he may be able to
do a little forceful talking during the
next few weeks.
The Democrats have been hopeful
that they would enjoy a fatter year
than they have known for decade.
Their plans of campaign have been
based on that hope Four years ago
they conducted a starvation fight. But
just where the bulk of the money is to
come from this time no one seems to
know. The Democrats have not any
books that are of value as a guide to
them. In this respect the Republicans
have a distinct advantage. Also the
Republicans have long list of 'regu-
lars" who have been contributing for
years. The Democrats have got in some
manner TO mobilize the volunteers
The slowness with which money Is
coming in may account in some
measure for the lack of speed which
is characterizing the campaign. OF
course. the late dates of the notifl-
cation ceremonies have had a great
deal to do with the sIowing-up
process and both sides are looking
for things to hum after the leading
candidates officially take the field.
The increased expense of conduct
ing campaigns has kept pace with
the general increase in the cost OF
living and the estimate of SI5,0UO.00'
needed to finance the three parties
this year is regarded as a modest
one.
Yet. unless somebody gets mad"
the task of raising this sum is going
to be a hard one. A spiritless, col
orless campaign evoking little enthu-
siasm anywhere, is not calculated to
stir the pursestrings of the country.
Senator Borah. chairman of the
Senate special committee on campaign,
contributions, is waiting for the first
reports to come in. 1t is felt he
will not be busy for a long time. II
would not be fair to represent either
the Republican or Democratic ma
tional committees as worried over
the financial outlook. but they would.
be just a bit happier IL the old
Golfers were a bit heavier
Copyright 1924)