Campaign finance

Campaign finance refers to the means by which money is raised for election campaigns. As campaigns have many expenditures, ranging from the cost of travel for the candidate and others to the purchasing of air time for TV advertisements, candidates often spend a great deal of time and effort raising money to finance their cause.

Sourced

• Each nation has its own pet sins to which it is merciful, and also sins which it treats as most abhorrent. In America, we are peculiarly sensitive about big money contributions for which the donors expect any reward. In England, where in some ways the standard is higher than here, such contributions are accepted as a matter of course, nay, as one of the methods by which wealthy men obtain peerages. It would be well-neigh an impossibility for a man to secure a seat in the United States Senate by mere campaign contributions, in the way that seats in the British House of Lords have often been secured without any scandal being caused thereby.
  • Theodore Roosevelt, Theodore Roosevelt: An Autobiography (1913, Charles Schribner's Sons; 1941, Edith K. Carow Roosevelt; 1985, Da Capo Press, Inc.)