The appointment of Otto H. Kahn as treasurer of the Republican Senatorial Campaign Committee was endorsed by Senator Borah of Idaho, leader of the progressives in the Senate. Certain progressives in the Senate raised a storm over the appointment, declaring the international banker’s selection would identify the Republican Party with “big business.”
Senator Borah is quoted as telling Senator Moses, Chairman of the Committee who announced Mr. Kahn’s appointment. “I am for Kahn.”
In a statement to the press Senator Borah said:
“I have made no objection to the appointment of Mr. Kahn and I have no objection to him. I do not know of any one in the progressive group who has any objection to him.
“While Mr. Kahn is a very wealthy man, he is a man of the highest character, and it is character, and not wealth, that counts.”
The same sentiments were echoed by other progressive Senators, who declined to be quoted in the matter.
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