Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-06-01
BONUS ACTION
MAY GET WAY
OVER TARIFF
Committee Adopts Plan
Backed by McCumber,
Ignore Fund Raising.

washington, May 31.-The h0us,
soldiers bonus bill, amended in sew
eral important particulars, but with tn,
much discussed bank loan provision re
tanned, was approved Wednesday by tn.
senate finance committee by vote Of
nine to four. Chairman McCumbel
proposes to report the measure to the
senate within a few days and said he
hoped to get action on it before the pas
sage of the tariff bill.
The more important alterations made
in the house measure were:
The changing of the effective date OF
the legislation from next October l to
January /, 1923.
Removal of the time limitation on the
filing of applications by world war vet
Grams for adjusted service cOmpensa-
ton.
Abandonment of the reclamation plan
and the substitution of a provision un-
der which veterans would be given pref
erence in making entry on public or
Indian lands when opened TO entry.
Elimination of the forfeiture pro-
vision, under which veterans failing TO
repay loans made by banks or the
government on adjusted service certifi-
Gates would have forfeited their GER
tificates.
Under the amended bill such veterans
could reclaim their certificates at any
time before their maturity. 20 years
from the date of issue. upon payment
Of the sum they were in default, plus
interest at Az per cent, Compounded
annually.
Reject Smoot Plan, 8 to 5
Approval of the amended house
measure. commonly called the McCum-
Der plan, was voted by the committee
after rejection. eight to five, of meas
ure offered by Senator Smoot of Utah.
ranking committee republican. propos-
ing paid up life insurance in lieu of all
other forms of compensation. In addi-
tlon to it's author, senator's support
ing the Smoot bill were Calder. New
York; Dillingham;. Vermont; Freling-
huysen. New Jersey. and Mclean, Con
necticut. all republicans
On the vote for the McCumber meas
ure. Senator Mclean broke the tie that
had existed among the 10 republicans
OF the committee as between two prop
ositions. Besides Mr.. Mclean, those
supporting the amended house bill were
North Dakota; LaFollette.
Watson. Indiana: Curtis. |
and Sutherland. West Vir-
ginia, all republicans; and Simmons. |
North Carolina; Walsh, Massachusetts, |
and Gerry. Rhode Island, democrats.
Democrats for Quick Action
Senator Simmons, ranking minority !!
member of the committee. said the /
democrats supported the McCumber /
plan. not because they favored il. hut !
o obtain quick action on bonus legisla-
ion.
Neither President Hariing's views
With respect to the bonus nor methods |
# financing the legislation entered into
discussion. senator's said.
leading proponents of the McCumber
'lan expressed the belief that this
'lan would prove not unacceptable to
he executive since it called for no
leavy expenditures during the next
hree years that would require either
lew taxes or any large drafts on the
reasury.
Chairman McCumber said that after
he first three years, the necessary
unds probably could be supplied from
interest on the refunded foreign debt.
IS now drafted. the bill is simply
barge against the federal treasury.
Present plans for calling up the
onus bill in the senate are indefinite
endtOr cIumDer Sa1G he hoped to,
each an agreement under which a final
ote could be taken before the pas {
age of the tariff bill.
Means Long Senate Fight
The bonus bill is certain to lead to
ing fight in the senate. The democrats
Spress themselves as not at all pleased
18th its present form. have Indicated
lat they will have a number of amend !
rents to offer. Senator Smoot plans
, offer his insurance measure as a {
lbstitute and may introduce the issue q
the sales tax into the discussion.
Opponents of a bonus in any form.
no include Senators Borah, Idaho: I
loses. New Hampshire: Wadsworth i
ew York, republicans. and Williams q
ississippi, and Myers. Montana. demo
ats, are preparing for determined c
ght on the bill. Bonus proponents
-e confident, however, that bonus leg /
lation viii be enacted before this ses-
on of congress ends. IL
Under the bill as the senate will re- =
i've il. the amount of compensation s
edit for veterans will be computed in n
e length of ser ice. less the S6O t
mus paid the men at the time of their
scharge from the service but would r
Vt exceed $500 for those who had only h
service and S6o5 for those
bn Saw Servipn nvnrScoo