Note 57 — Chapter VIII · POLITICAL PARTIES AND PRACTICAL POLITICS

The campaign fund of the Republican party, when it elected Abraham Lincoln in 1860, was a little over $100,000. The amount raised by the Republicans for the campaign of 1920 was about $4,000,000. The Democratic campaign fund was considerably smaller, but it also ran into the millions. The laws provide that the treasurers of these funds must publish, before the election, the names of all contributors who give more than $100, and after the election must file a statement of all moneys expended. Corporations are forbidden to contribute to any federal campaign fund.