POLITICS: The Disgrace of Campaign Financing

For a time last week, George McGovern stood on a sidewalk in New York signing autographs in exchange for $1 bills.

THE present system is a scandal, perhaps the fatal flaw in American democracy," declares Los Angeles Fund Raiser Harold Willens. "It's the nastiest thing in all of politics, and it may destroy our whole political system," contends Missouri Judge George W. Lehr. "There's a smell, an odor about it, and unless things change the system cannot survive," insists Larry O'Brien, campaign manager for George McGovern. Says Senator Edward Kennedy: "It is the most flagrant single abuse in our democracy,...