SEN. BOB DOLE (R-KS)

• On October 19, 1992, Sen. Dole purchased between 30,000 and 100,000 dollars worth of stock in Automatic Data Processing and American Telephone & Telegraph.

Four days later, October 23, President Bush signed P.L. 484: the DEFENSE AUTHORIZATION ACT. Section 361 of this act reads, "The Secretary of Defense shall standardize among military departments...automatic data processing and telecommunications data in order to facilitate the transfer of information among military exchanges."

• In addition, Sen. Dole also purchased (October 19, 1992) stock in Bristol Myers Sqibb, Toys-R-Us, Walmart, and Kimberly Clark (total value somewhere between 4,000 and 60,000 dollars). Bristol Myers manufactures infant formula; Kimberly Clark manufactures disposable diapers, wipes, etc...; Toys-R-Us and Walmart are MAJOR distributors of these products.

Five days later (October 24, 1992),President Bush signed P.L. 512: the WIC INFANT FORMULA PROCUREMENT ACT. This bill was S. 2875 (Referred to Sen. Dole's Committee: Senate Agriculture on June 18, 1992).

A theoretical logic for this trade is as follows. The manufacturer who gets the WIC contract basically becomes "the only game in- town" in that state for the duration of the contract. Hospitals generally tend to send new parents home with the WIC approved formula whether or not those parents are eligible for WIC assistance. Retailers are happy, because knowing which manufacturer has the WIC contract will simplify their buying process. In addition, they stand to enjoy greater margins on their off-WIC brands since those manufacturers have to cut their wholesale prices and increase their trade incentives just to get adequate shelf-space. So why purchase Walmart and Toys-R-Us? Simple...these particular retailers love to discount their infant formulas as a consumer draw (given their tremendous buying power, I doubt they often price their formulas as true loss-leaders). Once consumers are in the store, they can "price-hook 'em" on other essential baby items like diapers, wipes, soaps, etc....

PAC MONEY NOTES: Sen. Dole accepted $9,500 from ATT's PAC from May 1987 thru October 1993; he accepted $2,000 in campaign contributions from Bristol Myers from May 1991 thru April 1992.

NOTES: Sen. Dole is the Senate Minority Leader; he is # 2 on the Senate Agriculture Committee; he is # 2 on the Subcommittee on Nutrition and Investigations; he is # 2 on the Senate Finance Committee; he is # 2 on the Subcommittee on Energy and Agricultural Taxation.

• In May 1989, a Senate Select Committee on Indian Affairs accused Koch Industries (based in Wichita, KS) of stealing millions of dollars worth of oil from Indian-owned wells. The findings were turned over to Justice which, in turn, began a formal probe. By March 1992, Justice terminated their probe, much to the dismay of the Senate Select Committee and attorneys for those Indians involved.

According to a May 16, 1992 article in The National Journal, Sen. Bob Dole (R-KS) and Sen. Don Nickles (R-OK) intervened on behalf of Koch industries.

Interestingly, Sen. Dole has accepted $17,353 in campaign contributions from Koch Industries and their lobbyists since 1991. Specifically: $8,000 from Koch's PAC; $6,000 from Akin, Gump, Hauer and Feld; and $3,353 from O'Connor and Hannan.

Three Senators on the Senate Select Committee on Indian Affairs who initiated the investigation included: Sen. John McCain (R-AZ), Sen. Dennis De Concini (D-AZ), and Sen. Tom Daschle (D-SD). None of these three received any reported contributions from Koch Industries or their lobbyists.

Sen. Dole reports a partnership interest of 500,000 to 1,000,000 dollars in College Park II Building (an office building in Overland Park, KS). Since Charles G. Koch (Chairman and CEO of Koch Industries) is also a Director of First National Bank in Wichita, KS, I wonder if Sen. Dole and his partners received financing from Koch's bank.

• On January 3, 1989, Sen. Dole's wife (Elizabeth Dole; then nominee for Labor Secretary in President Bush's cabinet) purchased between 15,000 and 50,000 dollars worth of stock in Anheuser-Bush. She later sold this stock (along with nine other companies) on February 10, 1989.

On January 9, 1989, Pam Brogan of Legal Times wrote an article about the Carla Hills nomination for U.S. Trade Representative. Carla Hills' confirmation hearing was set for January 27 before the SENATE FINANCE COMMITTEE. Apparently, Ms. Hills' nomination caused some controversy...both she and her husband (Roderick Hills) had worked as lobbyists for foreign firms. According to Pam Brogan, Roderick Hills worked aggressively to ensure his wife's confirmation.

How does Anheuser-Bush fit in? Well, in 1989, Roderick Hills sat on the Board of Directors for Anheuser-Bush.

SPECIAL NOTES: Roderick Hills was the Chairman of the Securities and Exchange Commission in the mid-1970s, and therefore knows a great deal about stock transactions.

POLITICAL MONEY NOTES: Since 1989, Sen. Dole has accepted more than $25,000 from Anheuser-Bush ($5,000 from Anheuser's PAC; over $20,000 in individual contributions from Anheuser-Bush executives).

NOTES: Sen. Dole was # 2 on the Senate Finance Committee.