National Affairs: Another Crisis

History may record the name of W. Forbes Morgan as one of the great pillars of the Democratic Party. Last year Mr. Morgan, the Democrats' national treasurer, tried a new method of raising Democratic dollars. Last week that method was used again, to raise funds to reduce the $430,000 Democratic campaign deficit. From coast to coast 1,262 Victory Dinners were held. To every dinner where the price was $5 a plate or more, the Democratic Speakers Bureau dispatched a Senator, a Congressman or other notable Democrat, the rank of the speaker being roughly proportioned...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!