Politics
Munsey became directly involved in presidential politics when former President Theodore Roosevelt announced his candidacy to challenge his hand-picked successor William Taft for the 1912 Republican Party nomination for the presidency. Munsey and George W. Perkins provided the financial backing for Roosevelt's campaign leading up to the Republican National Convention in Chicago. When Roosevelt supporters bolted from the convention, Munsey was one of the most outspoken critics of the proceedings and announced that Roosevelt would run at the head of a new party. His encouragement and offer of financial backing led to the formation of the Progressive Party, which nominated Roosevelt for president. Munsey was one of its most ardent supporters and one of the largest contributors to its campaign expenses.
Read more about this topic: Frank Munsey
Famous quotes containing the word politics:
“The will to change begins in the body not in the mind
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