Bisbee daily review., 1922-03-15
BONUS MEASURE
(Continued from Page One)


 board governor, Secretary Mellon anu Comptroller Crissinger was reached by the committee at a morning secret session. The Democrats insisted that they should have opportunity to hear these officials and they finally car ried their point after sharp debate the vote being 13 to II, with seven Republicans supporting the motion and two Democrats opposing it. The Republicans were: Longworth, 1llso1 Bacharach, Treadway, Watson, Young of North Dakota and Mott, and the Demicrats were Tague of Massa- chusetts, and Carew of New York.
 At this same session, the commit tee rejected an amendment by Repre- sentative Oldfield, Democrat, Arkan- sas, proposing to restore the orleinai cash provision in place of the bank loan amendment, and to re-impose the excess profits tax as a means of raising the required revenue. Anoth- CT amendment to restore the war time maximum income surtaX rate of 65 per cent also was rejected.
 Secretary Mellon and Crissinger re- iterated to the committee their oppo- 'DNN~~ plan, but Governor Harding decline to comment on the adviSability of bonus legislation at this time other than to say that in his judgment the bank loan plan would help the bene- ficiary. but probably not the banks
 There is a difference of opinion be- tween the treasury secretary and the comptroller of the currency as to cer- tificates. Mellon said the treasury would not feel called on to give such advice, while Crissinger reiterated that if national banks asked his opin- ion, he would advise against loans on such security.
 In explaining his position, the comp trolier said there were many banks in the west and also in the east that held an unbelievable" amount of past due and doubtful paper" and that such banks probably could not make the advances. He said it would
 take from one to five years for the
 banks to work out the paper to which
 he referred.
 Secretary Mellon expressed the view that it would be better from al economic standpoint for the treasur! to borrow in the first instance the $500, 100 ,0e0 which it was estimated
 the banks would be called upon to ad vance upon the certificates in tho ! first three years from the effective date Of the bill
 All three witnesses were subjected
 to a cross fire of questions from bOtl I Democrats and Republicans, and a [ times several members of the com mittee attempted to interrogate , witness simultaneously There wer
 several tilts, most of them good hum . ored, between committeeman. WASHINGTON, Mar 14.-A cler f cal error resulted in ain over-estimat r from the treasury of $167 ,O00 ,000, ,00 l in the possible cost of the land settle ' ment provision of the soldiers Donu 5 bill, the house ways and means con - mittee was told today by Joseph F g Mccoy, the government actuary. l. In the letter written to Chairma l. Fordney and made public last Sunda,
 Secretary Mellon was made to sa
 that if all the veterans accepted tn '- land settlement option, the ultimat > cost to the government would be al n proXimately $1S5,O00 ,00O, 900. Tn y secretary was questioned about thi d before the committee today and M g Coy explained that the total shoul ]. have been s1S,000, ,000,00O in round fig j. ares.
 @ PALM BEACH, Fla. Mar 14.-(B e the Associated Press) Speaker Gi r lett, of the national house of reprt e sentatives, indicated while here toda S with President Harding that he migh
 rule against motion to call up tn 3. soldiers bonus bill in the house neX If Monday under a suspension of tn e rules.
 }. Chairman FCrdney of the hous d ways and means committee, and othe
 Republican leaders have discusse 1t at Washington the advisability of ca n ling the bill up under suspension (
 rules to eXpediate it's passage unde : limited debate, but the speaker intin lll ated that he favored opportunity fC more extensive debate.
 HI Giilett said he intended to be H Washington, Monday, in time to pr