New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-11-05
SOLDIERS PAY DAY
RECEIVES SET BACK
NO EXTRA CHRISTMAS MONEY
FOR SERVICE MEN,
SAYS CHAPMAN.
BOND BUYERS FIND
ACT FAULTY AND REFUSE
TO BUY.

In his weekly letter on the political
situation in Minnesota Vance Chapman
tells the World War Veterans and ser
vice men of this state not to expect any
extra Christmas money in the shape Of
| their share of the soldiers bonus fund
because, he says, no payments will be
made in the near future. To corroborate
his contention he points out to the fact
just made known at the Capitol in
St. Paul that the eastern bond buyers
have, declined to take up any. material
! amount of the SIS, 900, 900 or $40, 0OO, 000
:: worth of bonds authorized by the bonus
act.
Mr.. Chapman says in his letter: Mime
sofa War Veterans and service men who
are banking on some easy Christmas
money in the shape of their share of
the soldiers bonus fund authorized at
late session of the Minnesota legis-
lature are, in all probability. doomed to
disappointment. Months may inter
vene before the money is available.
| Though both the bonus board and the
local prints have been inclined to soft
pedal the fact, the truth is that eastern
bond buyers who were expected to take
up the big end of the $18,000,00O or
$2O,0O0,OOO worth of bonds authorized
by the bonus act have declined.
Act Considered Faulty,
They have been advised by their
legal department that the act is faulty
and letters to this effect are now in
possession of the board. Approaching
this fact themselves, though possibly
they will not admit such publicly, GER
tain members of the board have en-
couraged test case, with resident
of Minneapolis as plaintiff, which will
be passed upon by the Minnesota supreme
court in due time The Eastern bond
buyers, it is understood do not doubt
that Minnesota will make good its obli-
cation even though the act authorizing
the bonus distribution should be held
unconstitutional or faulty, but as they.
buy only to sell later, their customers
must be protected against possible liti-
cation and reimbursement in the shape
of principal and interest. The principal
contention is that the act is faulty in
that it authorizes what are practically
bonds in excess of the constitutional
limit. This contention, however, has
been passed upon by the supreme court
and held to be unfounded.
May Go To Voters.
Another contention is that the act
fails to pledge the credit Of the state
in the matter of the authorized certiffi-
Gates Of Indebtedness which the con-
Itestents claim are in effect bonds It.
can be said with truth that Minnesota
viii make good in this matter if it has
to lift the constitutional band on bond
issues to the extent Of taking the matter,
direct to the voters, but this does not
help matters now. Pay day for the
soldier boys has received a set back and
the only thing to do is grin and bear it.
Lawyers Appointed. &.
Attorneys were appointed Saturday
to represent the American Legion in
defending the constitute nality Of the.
bonus law which has been attacked in
| a test suit brought in Minneapolis:
The American Legion is to intervene.
as friend Of the court and will as
sist the state i9 defending the law.
Five attorneys, members Of the lie