Democratic Deficit

With the clerk of the House last week the Democratic party filed its financial statement, reporting a treasury deficit of $557-757 as of May 31. Still uncancelled was $80,250 lent the Brown Derby by John J. Raskob in 1928. Still unpaid were some bills incurred during the 1932 campaign which put Franklin D. Roosevelt into the White House: $47,650 to Columbia Broadcasting System; $170,571 to National Broadcasting Company; $13,565 to Western Union; $14,122 to Postal Telegraph; $18,067 to Manhattan's Biltmore Hotel for campaign headquarters.

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