The Concordia sentinel. (Vidalia, Concordia Parish, La.) 1882-current, 1921-10-15
BANKERS UPPUSE
BONUS PAYMENTS
ASSOCIATION IN CONVENTION AT
LOS ANGELES URGES AID FOR
DISABLED VETERANS ONLY.
lND0RSE DISARMAMENT PLAN
Readiustment Of Present High Wages
Of Railroad Employees Was De-
elared to be Necessary at
the Closing Session.

Los Angeles, Cal.-Bonus payments
for World War veterans who were not
disabled we're opposed. an Information
III credit system and disarmament in
dorsed and a "well-advised" sales tax
was suggested for the excess profits
tax, whose early repeal was declared
essential to an early sterilization OF
business conditions" by the American
Bankers Association at the closing
sessiOn of its convention here.
The bankers also opposed the plan
included in tariff legislation to value
Imports on an American basis and dis
approval Of all proposals to inject
government activities further into the
business world The fullest COM
pensation and care" for soldiers dis
Ibled in serving the country was
urged.
Extension of the postal savings sys-
TEN was opposed and REIMBURSEMENT
of the present high wages of railroad
employees was declared to be neces-
sary.
Sympathetic consideration OF tho
housing situation and substantial aid"
in Its solution by tine building of homes
on large scale were urged on all
members of the association.
Public Must Demand Action.
"a federal government commission
fixed the wages of the coal miners and
the present price Of coal is the result
said Samuel D. Dunn, editor of the
railway division of the Mississippi Val.
ley Association. 1.-The governments
Railway Labor Board fixed the pres.
ent wages of the railway employees
and the rules and conditions under
which they work. The government
represents the public. The public Is
supposed to dictate its policies. To
obtain lower rates the public must go
to Congress and demand that what
has been done be undone."
The report of the resolutions com
mittee, which was adopted, said:
Economy in government must Be
carried out.
Eve disapprove OF all legislative
proposals tending to inject further
government activities into business
and We believe that many of the rene
dies proposed in congress and de.
signed to meet the present situation
win do more harm than good through
a disturbance Of normal operation OF
economic law.
Opposed to Bonus Bill.
Economy in government demand.
elimination of all unnecessary expen
diture which would further Increase
our national debt on the burden Of
taxation. We are, therefore, opposed
to the soldiers bonus bill, which woult
provide compensation without regart
TO disability. For our soldiers, dis
abled as a result of the war, we urru
tho fullest compensation and care o.
the part Of the government.
"In sympathy with every movement
which will promote the thrift and IN
dustry of the people we are neverghe
less opposed TO the proposed exten
sion of the postal savings system O,
the ground that 1t win not draw on
Of hiding any considerable sumo a
money. In order to lessen our grea
, burden Of taxation. as well as "a
humanitarian reasons, we heartily en-
dorse the conference which has bee
called to consider Limitation Of arm,
ments. We approve the principles q
the plan for an immediate credit N
, ganization known as the Mellon plan.