Jasper County Democrat, Volume 8, Number 47, Rensselaer, Jasper County, 24 February 1906 — Political Contributions by Banks. [ARTICLE]
Political Contributions by Banks.
Comptroller Ridgely, who is head of the banking department of the government, reports to the senate that a few political contributions of S2OO or S3OO are the only ones given by national banks in the last four national campaigns. Mr. Ridgely, being a good Republican partisan, does not indicate that these sums were all subscribed to the Republican committees, but it Is a fact nevertheless. As the bank inspectors are not able to discover that a national bank is rotten or evading the law until the crash comes, bow is it possible for them to detect bow much the banks have paid for partisan purposes? The laf'ge sums actually paid were no doubt covered up under the head of “Legal Expenses” or on a similar plan to that adopted by the life insurance companies to cover up their donations “to save the country.”
