The Birmingham age-herald., 1922-03-03
WILL TAKE WEEK
 ID WORK OUT ALL
 DETAILS OF PLAN
Would Eliminate Cash Feature Where Man Entitled to Over $50 Adjusted
 Service Pay
By Associated Press

Washington, March "A com promise soldiers bonus plan, under which the cash feaul Aea e aliz3- mated where the forros e1xice ins8 would be entitled to polo than $50 adjusted service pay ~ sgseee upon today tentativ. but lni- mously, by a special uscormietsa of the republican l. 6afs o tR8 House ways and means committee.
 In the nature ot a substitute for the discarded cash feature there would be. added to the adjusted ser- vice certificate title a provision which would enable the men select ing the certificate option to obtain immediately from banks loan equal to one-half Of the adjusted service pay to which they would be entitled on the basis of sl day for domestic service and st.25 day for overseas service.
 In announcing the compromise agreement. Chairman Fordney said Il probably would be q week before all details of the loan provision could be worked out and the original bill amended to conform to it. He ex- pressed the opinion that the plan would be so well received by House members generally it would be un- necessary to submit the new bill te q party conference, thus spee1ir the time of it's submission House.
 First Offieinl statemer
 For the first time since th and means committee majorit, gUuSid iteration of fha b0uUg an official statement of Whi 4n- pencd behind the closed doe s issued. Il was prepared by Cha Eordney and Representative of New York. and said;
 The subcommittee consist Chairman Fordney- Messrs. Longworth. Hawley Treadw Gopely. have tentatively agreea .8H and prepared provision to mitted which in substance is fa lows:
 "The elimination of the ca, ture of the bonss bill whl a Netvraus are entitled to fnur $50 adjusted service pay but - new loan provision to the q service certificate title whi, enable holders of such certifio Dorrow from any national b trust company. incorporated lft1 idN H 0l diiA HAtiF DN Der the sum of the adjusted servi prior To September 3O 1925 date was fixed because aft time the bill as originally dra the committee provides for percentage of loan by the gove tIf1 and has pot been changed subcommittee"
 Expect General ApproNa
 Chairman Fordney and othc e5' nittee men said they believe tas new plan would meet with general favor, in and out of Congress. fo- three reasons. which were summarized as follows in d formal stutement is- sued by Representative Green. lowa. ranking republican on the committee.
 "l. The needy veteran can obtain money as soon as his certificate is issued and in greater amount than is provided by the cash plan of the original bill
 "2 No large drafts to be made on the treasury until the expiration. of three years. -<
 g. No new taxes required
 Word went around among House that the compromise plan was acceptable both to President and to officers of the Amer icdn Legion and late in the day after there had been informal exchanges of views among members in cloak rooms and corridors il was said that ap- Pa arently strong sentiment in favor of the new proposal was developing.
 Expects Democratic Support
 Representative Garner of Texas. the ranking democrat on the ways and means committee. said while there probably would be some op- position from the democratic side il was his opinion that a majority oi tie democrats would support the amended bill He thought the loan feature would tend to expand cred it's to the extent of half billion dollars and thus result in some tn- crease in the cost of living during the expansion period.
 At the treasury department the committee compromise was described by high officials as the lesser ot
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