Evening star., 1921-06-14
COMMITTEE GIVEN
SOLDIER AID BILL
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the second as the maximum cost Of
the adjusted compensation.
1t is the opinion of the committee
that by far the greater number Of the
veterans will select the adjusted serv-
committee said in this connection:
Assuming that men will use ordi-
nary judgment and be guided by what
clearly. appears to be to their best in
terest. we will find little difficulty in
sought by the vast majority. II an ap-
plicant, who would be entitled to re-
ceive $500 under the cash plan. which
would be paid to him in quarterly in
stallments of $50 and spread over two
years. hnds by examination Of the
certificate plan that he can. immedi-
ately after the expiration of these
two years. have a credit of $611.50
against which he can Immediately
draw $3.50 and still retain an insur-
ance on his life for twenty years.
without the payment Of single cent.
can there be any doubt that he would
accept the latter proposition?
Considers Average Age.
"It must be remembered also that
the average age of the recipients in
1922 will be in the neighborhood OF
twenty-eight years. the time Of life at
which they either have homes or are
contemplating such. and who will.
therefore. give greater weight to ulti-
mate benefits than to immediate graft
fcation. The question is not presented
to the applicant as to whether he Will
accept $400 in a single immed cash
~ $hA ypSH rS<
two years, but whether he will accept
$4oo in $50 installments spread over
two years. or $3.50 at the end Of two
years, with an additional credit Of
life insurance. fully paid. for twenty
years.
at would seem. therefore, that only
the inconsiderate or hard d-dressed
would exercise his opinion in favor Of
the cash plan when he fully under
stands the advantage Of the certificate
cises his judgment he will have been
fully informed as to just what each
proposition means to him.
It is the belief Of the committee
that comparatively few Of the men
will take the plans providing for home
tional training and for land settle.
ment-
with regard to the financing Of the
adjusted compensation. the committee
said:
1.-THE general assumption that the
enactment of this bill into law will i'm
mediately load upon the backs OF an
already excessively tax-burdened pub
lie an immense additional liability is
unwarranted.
1T will be seen that no payment
of Importance will be required until
after July, 1922, giving ample oppor-
tunity to adjust the estimated Treas
ury deficits and, by reasonable econ
omy, to meet the added liability in
Cured by this legislation without any
increase in taxation.
THE payments b be made after
July 1, 1922. will be 50 divided as to
add comparatively small sum to our
national expenses for each year.
without attempting the allotment
ly as a suggestion Of one means of
meeting the obligations of this meas-
ure, the committee beg to remind the
Senate that there will undoubtedly be
funded into longtime bonds the debts
due this country for money advanced
o'Ir our associates in the world war. Tho
allies having now agreed with Ger
many upon the amount of reparations
to be paid by Germany to them, will
be in a position to use the funds re-
ceived in reparations to meet the in
terest on their obligations to the
United States. The interest on these
bonds will, in our opinion. more than
care for the payments necessary each
year to meet the requirements Of this
proposed legislation.
THE total advances made by this
government during the war to our as
sociates aggreated $3.50. .a23,677. OF
whic there has been repaid S114r540.-
sos"
Depl0res Use Of Term "Bonus.1
The committee deplored the fact
that the proposed legislation has come
to be referred to as a soldiers bonus
bill" It said:
This proposed legislation is gem
orally referred to as the soldiers
bonus BILL No name could be ap-
piled that would be more irrelevant.
1t is worse than erroneous. It stamps
moral obligation the designation
tgratuity.' The purpose Of the bill
in no sense seeks to express a ma
tional gratitude BY a money gift to
our soldiers. It is not 20 intended by
its supporters and the veterans Of
It is just what its title reads. a bill
to provide adjusted compensation for
the veterans Of the world war II is
not a bonus bill, and fairness to ooun-
try and soldier alike requires that We
should exclude the word 'bonus' In
In simple, plain English. the pur-
pose Of this bill IL to give to tho
soldier who offered his life with his
services q compensation that will
more nearly approach that Of the Ia
borer who remained at home, secure
from danger, and whose compensa-
ton increased from 200 to 800 per
cent and. measured by the amount Of
labor actually performed, Tar beyond
those figures"
The Senate COMMITTEES has amended
the bill SO that the veterans may
make. application for adjusted COM
pensation at any time. The COM
mittee believes that is fairer than
fixing q time limit. Many Of the
veterans It is pointed ont may not
apply for the compensation now, ow-
ing to the fact that they are we'll
provided for and arc making plenty
Of money. Some Of these men In the
future, however. may feel the need Of
tho assistance which is proposed. and
It 10 to cover such cases that the
COMMITTEES has decided to ldx nd Tina
limit ON annlt0ftona,