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...Clinton meeting had had its Republican counterpart just two weeks earlier, when G.O.P. chairman Haley Barbour pleaded his case aboard the yacht of Hong Kong tycoon Ambrous Tung Young. Barbour had offered Young a voice in shaping U.S.-China policy for the new think tank of the G.O.P.'s congressional majority. And by the way, Barbour added, the party needed a favor. Could Young forgive what remained of a $2.2 million loan that his overseas firm had guaranteed so the Republican Party could stop pouring money into the think tank and pour money into campaigns instead...

Author: /time Magazine | Title: PHANTOM WITNESS | 7/14/1997 | See Source »

...their own Web version of "I know you are but what am I?" While the page is of course partisan, the Dems do have a point. Only 24 of the 183 subpoenas issued by the Thompson committee target Democrats. The inquiry entirely misses one of the most prominent targets, Haley Barbour, the former chief of the Republican Party who's been accused of wrongdoing, since Thompson has limited his inquiry to the 1996 campaign...

Author: /time Magazine | Title: On the Web, Democrats Counter Thompson Hearings | 7/10/1997 | See Source »

...Haley Barbour can't say he wasn't warned. The former Republican Party chief had hoped to partly finance a G.O.P. think tank that he had founded and chaired--the National Policy Forum--with foreign cash in 1993, but was waved off by its president. "It would be wrong to do so," wrote Michael Baroody in a confidential memo obtained by TIME. Barbour nevertheless lined up Hong Kong collateral for a $2.2 million loan to the Forum. The money helped free up funds for the successful Republican assault on Congress in 1994, and it aided the party again two years...

Author: /time Magazine | Title: CAMPAIGN FUND RAISING | 6/23/1997 | See Source »

Last week his committee got worse news. The most compelling new development in the foreign fund-raising scandal centers on a donation to Thompson's party. According to documents turned over to Senate investigators on Friday, then G.O.P. chairman Haley Barbour discussed the possibility of helping a Hong Kong tycoon get business in China if he forgave a $2.2 million loan to a Republican think tank. Barbour has denied this latest allegation...

Author: /time Magazine | Title: TROUBLES FOR THOMPSON'S SHOW | 6/16/1997 | See Source »

When TIME reported two weeks ago that Hong Kong interests used a U.S. shell corporation to guarantee a $2.2 million loan to a G.O.P. think tank, ex-party chairman Haley Barbour (the think tank's head) denied knowledge of foreign backing. But a secret memo obtained by TIME shows that a year before Young Bros. Development-USA collateralized the 1994 loan, Barbour was advised of plans to seek overseas funds for the National Policy Forum. Last week the G.O.P. refunded $122,400 in Young Bros. campaign money, conceding its illegal Hong Kong origins. Democrats, smelling blood after months of battering...

Author: /time Magazine | Title: PAYBACK TIME? | 5/19/1997 | See Source »

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