AMERICAN NOTES: An Embarrassment of Riches

One tongue-in-cheek explanation offered last fall for the bugging of the Democratic Party's Watergate headquarters was that the Committee for the Re-Election of the President had so much money that it had to dream up harebrained schemes to spend it. New evidence suggests that the thought was not altogether absurd. Nixon's finance committee reported last week that it had finished the campaign with an unprecedented $3.5 million surplus. Apparently, nobody could figure out how to use up the $50 million that had been collected. The question now becomes: How much imagination will the Republicans show in disposing of their...

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