-Caveat Lector-
>From Irish News
> News
>
> Sinn Fein breaks $3m fundraising barrier
>
> From Ray O’Hanlon
> in New York
>
> -----------------------------------------------------------------
> -------
>
>
> SINN FEIN’S fundraising arm in the US reports steady progress in
> its efforts to raise dollars for party activities in Ireland.
>
> The New York-based Friends of Sinn Fein has collected more than
> $3 million since it began fund-raising in March 1995. The latest
> running total, according to FOSF president Larry Downes, is
> almost $3.23 million.
>
> The $3 million barrier was broken this year despite the 18 month
> period during which the IRA resumed its armed campaign.
>
> While FOSF was not legally barred from raising funds in the US
> during that time February 1996 to July 97 the restart of the
> IRA’s activities effectively placed large-scale fund-raising on
> ice.
>
> For the duration of the resumed campaign, the view was taken by
> FOSF that successful large-scale fund-raisers centred on party
> leaders such as Gerry Adams would have faced severe difficulties.
>
> It would appear likely that if the IRA ceasefire had not been
> interrupted, the present total collected by FOSF could well be
> approaching $5 million, a significant sum in Irish political
> terms.
>
> FOSF stresses that the collected money reported to the US justice
> department every six months is a gross figure.
>
> According to Mr Downes, FOSF spends a considerable sum of the
> money collected from US donors in the United States, an example
> of expenditure being the tour by a dozen leading Sinn Fein
> members last St Patrick’s day.
>
> The tour covered virtually every geographical region of the US
> and saw party president Gerry Adams touching down for the first
> time in states such as Texas and Georgia.
>
> While it is difficult to pin down a sum collected for each
> calendar year FOSF reports to the justice department over
> consecutive six-months periods ending in spring and autumn
> group president Mr Downes, said the cash collected in 1998 was
> “at least” $800,000 and probably a little more.
>
> He said there were no plans for big fund-raisers this summer. The
> next event was likely late in the year.
>
> -----------------------------------------------------------------
> -------
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