Money

2 minute read
TIME

In thousands, tens of thousands, hundreds of thousands, millions, money poured into the national political treasuries. The G. O. P. was first to announce a figure surpassing the $4,000,000 estimates set at the beginning of the campaign. National Republican Treasurer Joseph Randolph Nutt took pains to explain that he had collected in a double capacity, for the National Committee and for the State Committees. His double-entry books showed a total collection of $4,141,080.20.

National Democratic Treasurer James Watson Gerard, without fussing about double-entries, announced a total of $3,065,038 for the Brown Derby, national and state.

The Democratic fund included bank loans of $500,000, largest in U. S. political history.* Some items in the G. 0. P. ledger were:

“Ways and Means Committee, Pennsylvania—$200,000.”

“John D. Rockefeller, $25,000.”

“John D. Rockefeller Jr., $25,000.”

“A. William Mellon, $25,000.”

“R. B. Mellon, $25,000.”

“H. S. Firestone, $25,000.”

“R. H. Goodrich, $25,000.”

“Bernarr Macfadden, $10,000.”

“Cecil B. DeMille, $10,000.”

“S. S. Kresge, $10,000.”

“Adolph Zukor, $10,000.”

“Joseph M. Schenck, $7,000.”

“Captain Robert Dollar, $5,000.”

“H. H. Timken, $2,200.

“The Six Fisher Brothers of General Motors, led by Eldest Brother Fred J. Fisher, donated $100,000 jointly.

*The statement in TIME, Oct. 29, that the G. O. P. negotiated loans of $600,000 and $167,000 to finance its 1920 deficit, contained a typographical error. The figures should have been $100,000 and $167,000.

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