wealthy candidates seeking the highest office in the land? Only time, of
course, will tell. But H. Ross Perot's third-party, self-financed general election campaign in 1992 may have signaled a possible trend. Perot spent
approximately $60 million of his own funds, collecting 19 percent of the
Federal Election Commission figures through June 30, 1996, supplied by Herbert E. Alexander, Director, Citizens Research Foundation, Los Angeles, California.
Stephen Labaton, New York Times, March 1, 1996.
James W. Davis, Presidential Primaries: Road to the White House ( New
York: Thomas Y. Crowell, 1967), pp. 211-213.
Emmett H. Buell Jr., "The Invisible Primary," in In Pursuit of the White
House: How We Choose Our Presidential Nominees, ed.
William G. Mayer (Chatham, NJ: Chatham House Publishers, 1995), pp. 7-11.
New York Times, March 7, 1996.
Walter Pincus, and
Ira Chinoy, "Spending It All, But Not in
One Place," Washington Post National Weekly Edition, April 29-May 5, 1996, p. 12.
Report from Federal Election Commission 1996 Presidential Pre-Nomination
Campaign Adjusted Receipts, dated July 29, 1996.
New York Times, February 10, 1996.
Richard Benedetto, USA Today, reported in the Honolulu Advertiser, January 30, 1995.
Public Law 93-443, 88 Stat. 1263 ( 1974). The Federal Election Campaign
Act of 1974 was actually an amendment to the Federal Election Campaign Act of 1971, which limited the total spending on media advertising and tightened the
reporting of contributions and expenditures that included primaries and other parts
of the nominating process. For further information, see
Frank J. Sorauf, Money in
American Elections ( Chicago: Scott Foresman and Company, 1988), pp. 35-36.
Davis, Presidential Primaries: Road to the White House, pp. 211-213.
See below, pp. 119-120.
Theodore H. White, The Making of the President, 1960 ( New York: Atheneum, 1961), p. 53.
Buckley v. Valeo, 424 U.S. 1 ( 1976).
Anthony Corrado, "Presidential Candidate PACs and the Future of Campaign Finance Reform," in The Quest for National Office, ed.
Stephen J. Wayne
Clyde Wilcox ( New York: St. Martin's Press, 1992), pp. 317-318.
Frank J. Sorauf, Money in American Elections ( Chicago: Scott, Foresman &
Company, 1988), p. 176.
Bill Peterson, Washington Post, February 3, 1979.
Anthony Corrado, "The Pre-Candidacy PAC Loophole," Boston Globe,
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: U.S. Presidential Primaries and the Caucus-Convention System:A Sourcebook.
Contributors: James W. Davis - Author.
Publisher: Greenwood Press.
Place of publication: Westport, CT.
Publication year: 1997.
Page number: 122.
This material is protected by copyright and, with the exception of fair use, may
not be further copied, distributed or transmitted in any form or by any means.