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“The Democratic Trading-Stamp"
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During the 1904 presidential contest, Democrats complained that wealthy corporate donors were bankrolling the election campaign of President Theodore Roosevelt. Furthermore, they charged that GOP fundraising success among wealthy business executives was due to blackmail, offering not to institute antitrust lawsuits and other favorable treatment in return for large contributions. The charges were never substantiated, and the Roosevelt administration later sued some of the biggest GOP donors of 1904 for antitrust violations. In the meantime, Republicans countered with two arguments: Democrats were disgruntled only because they had failed in their own bid to solicit funds from prosperous businessmen, and the campaign of Democratic presidential nominee Alton B. Parker was itself beholden to corporate tycoons, particularly August Belmont Jr. and Thomas Fortune Ryan. |
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Warning
1860
