Monday, Jan. 13, 1936
League's Lenders
All it takes to start a political organization are two members and one slogan. But to keep a political organization alive requires real money. Very much alive, therefore, was the American Liberty League according to its year-end financial report filed with the Clerk of the House of Representatives last week. The League had taken in $483,175.46 in 1935, still had more than $93,000 in the bank.
Biggest single outlay: $36,750 salary and $18,000 expenses for cold-eyed President Jouett Shouse. Biggest single item of income: a $79,750 "loan" from Irenee du Pont. League lenders in the $10,000 class included Lammot, Pierre, S. Hallock and William du Pont, John J. Raskob, Alfred P. Sloan Jr., Ernest T. Weir, Joseph E. Widener, all good haters of the New Deal. In the $5,000 class were Phillips Petroleum Co. and Edward F. ("Let's Gang Up") Hutton.
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