ABSTRACT

Money is the sine qua non to the existence of political parties and to the performance of the vital function of effecting peaceful changes of government in the United States. In campaign years direct solicitation by the chairman, the treasurer, Finance Committee officers, candidates, and campaign managers accounts for a large portion of the increased income. The Republican Finance Committee was formed by the national committee with the consent and cooperation of the Hill committees, but it is an independent organization, ostensibly not a "party" committee within the terms of the Hatch Act reporting requirements. Most of the financial support for the national committees comes directly or indirectly from individuals and party groups that are also active money-givers and money-raisers for state parties and candidates. The basic device of financing for both national party committees is a system of quotas allocated to each state committee as its fair share of the operating costs of the national party activity.