The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-03-29
Mccormick
SaysBonus
Will Pass
By DAVID LAWRENCE
copyright by The InteiiiGcnce:)

washington. March 2S.-The soldier
bonus bill Will hc passed by the senate.
Those who expect x I" he ShctNc" ~
the upper house viii be disappointed:
The. mca sure which already has passed
D.. The house may DC changed. or even re-
written. but a bonus bill will 20 through.
II will not 5c buried n comnUtcte or de-
.ayed on the calendar.
The authority for the foregoing pre-
IictI"n is Senator Mcdiu McCormick. ot
Illinois. a member OF the RcpuhhCan
steering committees. an admsWSt trat"n
senator and = very cool Jud%" OF >cnA-
torlal sentiment. Like 4 good n::IIE
other senator's Mr.. Mccormick has Kept
quiet about the bonus thus Tar but he
says his silence and tHHt .; his co.,
leagues must not +" miS'onStr"cd:
How viii the money be raiSc": ne
was asked to-day.
he said. and there Is ample authority
m the statute books to-day 20 raise the
sum needed. We authorized net long
ICO the issuance OF u? 10 ten hitIt"nS OF
short term certit!Cat"S and "uly three
billion have he"n issued.
Gould the country absorb such a'tl-
,Ional certificates" WAS the next in
lulry.
Can Be Absorbed.
"Ccrta!Nly-why in the last year a1-
froSimactiy S;5". .nro.orc has bcca IN
vested by Americans in foreign h"n!S.
Also about i billion dollars has bS"ii ao-
Sorhed in municipal tax exempt bonds
and nobody knowS how much more. Ask
the bond GOuSeS-thcE Will tell YOU th"E
ran't put issues on the m3rkct last
.nough 10 meet the demands ~ 'NvrS-
.nrs. Also. notice the ...ira!Id way in
vhich the country hH$ rrS1"a'IrL To the
.'rruu1ln.: ;'i;,ns ut the treasury. Here
yse are With the Victory bonds r"tuaI-
d In large part long - fore IN" m3tur'
lty dat" am con.jnr"G thIt the r"un-
sry wnrld never ic", - I>>u" ~ short
tim" tr"aUSry ccrtitj'ai"S Suiti'.en; t"
Idle us "v"r--Sav i"r -" :" tiv" H"a'>
until the British a." AL" 1" resume
payment to Us "u M. war '!"ht
Mr. MrCormirA didn't ait"inpS 1" pre-
iiCt What President Harding w"nhi '!u
With the hil X il were pl$~"H "E !'"th
houses He !Su'j a. sur" - N"t" a.
ire snme Of his c"l."a.u.$ tb"u-A il is
,viIeut he like the Others. Is r"untnr
upon rewritten bonus bill. tho l!H-
uoiS senator declares the "Hp"Si;i"n L.
the bonus WILL net Suc""'" ~ u!iht"VH
Tactics. In fact ne says those " n" arc
against the measure are aS eager 10
nave 1t brought up and voted u:rn ana
GOTTEN ont ot the way IS are IN" prnro-
nents of the kill he. seems u think
ne honus ought no, 10 be permitted 10
log the legi$latiH" calendar aud pre-
,eut Clner ic.;jS..'!ou from h"iaE en-
acted especially in ih.s. - ca"rasgn
Bill Wont Slumoer.
Senator Mccormick EuaE"S correctly :
the Seuttrnrut 81 n. Scnat" Il IL" h"ntS
iii comes TO 4 vote. t"r aS was prove!
n the h"uSr. ~" number Who t.MA!tj
.apnse tIe ru"aSUr.. Iwind.">. Ih":,
Nouid seem 10 lee i nlajOrtty MAO M"I!u
~hclve ,he measure Il they '"G.i =" -
,rtthout a r"rnrG vote, hut tac senators
who are I'd for recollection thiS year are
bound 20 pursue aggressive tactics ann
keen the bill h":urr the senate. Men
t'ke Senator Mr,'Umhcc. chairman "t -"
senate finanrc COMMITTEES. aaI Me'Il.'
McInrmirk. who ar; rauu.da:''S t"r re-
lection VIII NOT allow ths measure I"
s!uinher and IL doesn't take large group
n the senate 70 compel acton "i som"
md. once the HtI IS NVi"t "P"h' i
ma iority IS assured.
Whether 4 two-ihtrds vote can oc
mustered IN the Srua'" - .'E""t;Ic i
residential veto viii G"2cE'. C?"n Tie
!eycloumcnr OF public s"H:tT"H: att"7
he uasSage Of the hill and an rNprcS'
Jon from the PRESIDENT :" tAr as t"I
hose Is concerned Il can be counted
anon 10 pass the h;ll by Il tw"-t"."'!S
vnte IL necessary. The vote a.: ""5 IA
index OF the STRENGTH -: the bonus "i!!
n rho caco OF ann0GnreG prcSlIC3tla!
rha president IS committed I" voc;
rnless a sales tax + enacted aS Il zee
pus producer. II ne doesn't veto II. II"
nav los, Andrew Mellon aS secretary
4 the treasury. Hut th&s Ear he has
.;yen every Indication taat he Sadf c.
Mr.. Neiloa'S views. The bonus seems q
,,uuoe.s f"r :. Will" and th"n !"oS up
again. Senator McGIl NcC"r'n!'hS pre-
Itct!on ~ S:gniticaNt--:t means action
IN the hin and pruSJh,y paSS;tc" hE ire
,enaet after the naval tFcAucS """
lending are ratified.