Editorial Observer - A Century-Old Principle - Keep Corporate Money Out of Elections - NYTimes.com

The origins of the ban lie in the 1896 presidential race, which pitted the Republican William McKinley against William Jennings Bryan, the farm-belt populist. Bryan was a peerless orator, but McKinley had Mark Hanna — the premier political operative of his day — extracting so-called assessments from the nation’s biggest corporations and funneling them into a vast marketing campaign.

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Tags: corporations, corporate power, campaign finance, American history, American political development, Supreme Court