Clipping:The League's guarantee fund

19C Clippings
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Date	Saturday, March 1, 1890
Text	`In answer to questions about , otherwise known as the “corruption fund,” Colonel Rogers said: “This fund is the accumulation of five years at the rate of $1,000 per year for each club. We now have $40,000 and at our last meeting it was voted to increase this to $200,000. President Young has the control of the entire fund, which is now invested in government bonds. “The only use to which the fund can be put is to defray proper legal expenses. This includes attorney fees. I am chairman of the law committee and we are the only ones who can draw on the fund and then only for proper and legitimate expenses. “What any club pays out in bonuses or advance money is a matter of their own and does not concern the League as a whole. Not a cent of the fund has ever been sued for any such purpose nor can it ever be drawn on with that intention.
Source	The Philadelphia Times
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Submitted by	Richard Hershberger
Origin	Initial Hershberger Clippings

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