Arizona republican., 1921-07-13
Republican Leaders Claim
 Wide Majority Of Votes To Lay Aside Soldier Bonus Bill For Present
lRepubIican A. p. Leased wirel

WASHINGTON. July 1e.-Pledges of wide majority of votes to lay aside the soldier bonus bill were claimed by Republican leaders and conceded by opponents after Presi- dent Harding in an address to the senate today had made formal request for temporary postponement of con sideration of the measure.
 In making his request the president called attention to the condition of the treasury, saying that enactment of legislation at this time would greatly imperil the financial stability of our country
 Immediately after the president had finished speaking. Chairman Pen rose of the finance committee moved that the bill be re-committed to his committee, but Democratic opposition flared up and prevented a vote today. The motion was-under unlimited de- bate. but a vote tomorrow was ex- pected.
 President Harding delivered his ad- dress before distinguished audience Reiterating his recognition Of the ob- legations to care for disabled and de- pendent war veterans, the president said. general compensation" should be entered on at a time when it could be consistently possible. Every obligation is to the disabled and dependent. the president said. and the executive branch owed it to the country frankly to state the diff faculties we daily are called upon to meet and the added peril this measure would bring"
 This menacing effort to expend billions fin gratuiries will imperil our capacity to discharge our first obiiga- tions to those we must not fail to aid,' he said.
 After a four months survey of con- ditions. which would stasger all of us were it not for our abiding faith Tn America, the presfdcff safd he was fully persuaded that three things were essential to restoration These are" he continued. "the re- vision. including reduction. of our in- ternal taxation. the refunding of our war debt. and the adjustment of our I foreign loans-
 National Burden Tt is vitalIy necessary to sefrie I these problems before adding to our treasury any such burden as Is con- templated in the pending tsoldier | bonus) bill.''
 Mir. Harding said it was "unthink- able" to expect business revival while maintaining ''the excessive taxes or war and quite as unthinkabie- tc reduce tax burdens while committine the treasury to additional obligations ranging from three to five billion | dollars,
 -Tf the exercise of the option should call for cash running into billions. the depression in finance and industry would be so marked that vastly more harm than good would attend"
 "Overburdenfng of the treasury now means positive disaster in years 1 immediately before us," he said ''Merest prudence calls out in warn ing"
 Mir Harding said he would not urge commitment of the compensation bill if it "bore the merest suggestion of neglect or a hint of national in- | gratitude
 T want to emphasize the sugges- tion,' he said. that the accomplish ment of the major tasks for which you were asked to sit in extraordinary session will have reassuring effect on the entire country and speed our resumption of normal activities and their rewards which tend to make prosperous and happy people,"
 Urges Taxation The president at the same time urged action on tariff and tax legis- | lation for which the extra session was especially called. There was, he said. 'confessed disappointment that SC | little progress had been made on re- adjustment and reduction of the war | time taxes" He also urged early