Proposed Revision of Act for 1932 Campaign
The problem of financing political parties and political campaigns is one of the greatest unsolved problems of democratic government. Attempts to regulate party funds have been made by the state legislatures since 1890 and by Congress since 1907, but these efforts have been far from effective either in the states or in the nation. The amount of money spent for election purposes in the United States has been constantly on the increase; large contributions have come from industrial and other interests which later have been the beneficiaries of governmental favors; and some of the money has been spent for dubious purposes. Meanwhile, Congress has failed to legislate since 1910 with reference to primary elections, preferring to set up ...