Democratic National Chairman Paul Butler was flapping distress flags from every halyard. "There is no use kidding ourselves," said Butler. "The Democratic Party is confronted with a financial crisis." Butler was imparting the bad news to the Democratic National Committee, which met in Washington's Statler Hotel and rounded out its week with a poorly attended (2,500 guests) $100-a-plate dinner at the Washington Armory.
The meetings were an epic of unlucky timing. Also meeting in Washington was the American Society of Newspaper Editors, getting the big speakers and claiming the...
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