Collis Potter Huntington Quotes
I believe with $200,000 I can pass our bill. I do not think we can get any legislation this session for land grants or changing line of road unless we pay more for it than it is worth.
Collis Potter Huntington, 1821-1900, President, Southern Pacific Railroad, Letter to railroad magnates, 1877
Sourced by: Eigen's Political and Historical Quotations
Sometimes the costs of the bribes was too great an investment for the likely year. Bribery decisions were made with the same sort of analysis as buying land or a piece of capital machinery. Just business.
Hollings who was one of the senior experienced senators was offended by the degree to which the George W. Bush Administration and the Republican leadership had turned to lobbyists to draft legislation and amendments to pending legislation. Lobbyists often have specialized information that members of Congress do not have, so there has been in modern times communications between lobbyists and members of Congress and their staffs. However, during the Bush Presidency the practice reached an extreme where lobbyists would even write the legislative language and give it to the members in whom they had invested by giving them large campaign contributions and many perks. K Street is the fanciest street in Washington DC with some of the most expensive office space. A substantial proportion of the lobbyists have K Street offices, hence the metaphor.
As a candidate for the Republican Presidential Nomination, Trump was very forthright about the fact that when he was a business tycoon, he gave money to many politicians not for any ideological reasons but he considered the money an investment which paid off handsomely. Almost all large campaign donors believe that they are making an investment and most have continued to be satisfied with the results so they continue to donate. See {583282} as an example of Trump's candid view.
In 1908 William Randolph Hurst made public a series of letters showing that the senator was being paid large sums by the Standard Oil company and was also being instructed on pending legislation. See John Archbold. The senator was pressured out of public life:
$200,000 then was the equivalent of well over $10 million today, and this is about what it costs a company in lobbyists fees and Congressional Campaign Contributions to get a bill passed in the current political environment.
Collis Potter Huntington was an American industrialist and railway magnate. He was one of the Big Four of western railroading (along with Leland Stanford, Mark Hopkins, and Charles Crocker) who invested in Theodore Judah's idea to build the Central Pacific Railroad as part of the first U.S. transcontinental railroad. Huntington helped lead and develop other major interstate lines, such as the Southern Pacific Railroad and the Chesapeake & Ohio Railway (C&O), which he was recruited to help complete. The C&O, completed in 1873, fulfilled a long-held dream of Virginians of a rail link from the James River at Richmond to the Ohio River Valley. The new railroad facilities adjacent to the river there resulted in expansion of the former small town of Guyandotte, West Virginia into part of a new city which was named Huntington in his honor.
