It is particularly important that all moneys received or expended for campaign purposes should be publicly accounted for, not only after election, but before election as well.
Rosevelt's populist agenda called for "vigorous measures to eradicate perceived political corruption" This included that contributions made by corporations for political purposes should be outlawed. The Federal Corrupt Practices Act was later passed, which required House and Senate candidates to disclose their finances.
https://ballotpedia.org/History_of_campaign_finance_regulation