History of Sinn Féin 218. De Valera resigned and formed a new party, Fianna Fáil, on a platform of republicanising the Free State from within. He took the great majority of Sinn Féin support with him along with most of Sinn Féin's financial support from America. The remains of Sinn Féin fielded only 15 candidates and won only six seats in the June election, sinking to a level support not seen since before 1916. In the August 1927 by-election following the death of Constance Markievicz, SF's Cathal Ó Murchadha gained just 2.5% of the vote. Shortly after Vice-President and de facto leader MacSwiney announced
Political funding in Ireland Political funding in Ireland Political funding in Ireland has re-emerged as an issue of public policy quite recently when in 2012 the Electoral Act of 1997 was amended to cover basic needs of transparency and control. Details about the sources of political funds are rather scarce. Based on the information published for 1998 Murphy and Farrell contend that Fianna Fáil and Sinn Féin were the parties which received the highest amounts of private funding. Fianna Fáil reported £432,501 and Sinn Féin total donations of £230,000. Whereas the bulk of the former funds were contributed by the business sector (e.g. hoteliers,