The Monett times., 1922-03-10
THE BONUS" OR ADJUSTED
COMPENSATION BILL

mas Oeen before Congress since March
1920, offers five choices to the veteran
Of the World War:
l. Adjusted pay, at the rate of 81
for every day of home service and
$1.25 for every day of foreign service
Maximum payment, $500 for home
service and $625 for overseas service.
Payment to be made for service in ex-
cess of sixty days.
I 2. Adjusted service certificate in
the form of paid-up 20-year endow-
ment policy, to the value of 1888 times
the amount that would be received in
cash. The face value of the policy
would be paid to the veteran at the
end of 20 years, or, if he dies in the
interval, to his beneficiary. Loan
values are provided.
3. Vocational training aid of $1.25
a day while taking an educational
course. The amount thug paid is not
to exceed 140 per cent the amount due
in cash.
4. Farm or home aid, to the extent
of 140 per cent the amount due in cash
5. Land settlement.
Any man or woman who served in
the armed forces of the United States
at any time between the dates Of
April 6, 1917 and November IL, 1918,
is eligible for compensation.
This bill was introduced into the
House of Representatives by Joseph
w. Fordney of Michigan, and into the
Senate by Senator Porter j. McCum-
ber of North Dakota. 1t is an adapta-
tion, with few changes, of the bill
drafted by Legion representatives in
March, 1920, at conference in Wash
ington. The aim of the Legion con-
ferees was to make the bill broad
enough to give every man the kind of
compensation he could use; also to
stress other options besides cash, so
that the payment of compensation
might be as productive as possible for
the benefit of the country at large.
The cash feature was provided for
the benefit of men who would be un-
able to avail themselves of any of the
other four features. Opponents of the
bill have concentrated attack on this
feature, forgetting the other four op-
tions. But the Legion men who pre-
sented the bill to Congress and MEM
bers of that body who heard them,
were convinced of the unfairnesS of
refusing any compensation to a man
simply because he was unable to avail
himself of one of the four more pro-
ductive options.
The insurance feature Of the bill
originated in the Senate and is con-
sidered by many to be the most valu-
able and most likely to appeal to the
average veteran. Any man who is
not actually in want will make every
effort to avail himself of this offer.
If he served 100 days in this country
and 200 days in France, his cash COM
pensation would be $3.50. But he could
waive cash and get an endowment
policy of a value of $1,1S3.
-, More than a hundred thousand dis
abled men have availed themselves of
the vocational training offered by the
government, seeing in it a chance to
better their condition in life. The ed !
ucational feature of the compensation !
bill is expected to appeal to thousands
Of veterans who are not physically /
disabled. They will be given tuition at |,
accredited schools and will be paid |
s1.25 day while studying, until they
have received l40 per cent of the /
due them in cash. The man
who had $3.50 coming to him in cash
,ould go to school for 395 days, being :,
paid SIPS day during that period.
The same man could apply the $49O
lue him, which is 140 per cent of the
;ash $3.50, toward purchase of an ap-
proved farm or city or suburban home
Fhe money also could be applied to-
ward payments on a farm or home
llready purchased, or to pay for i'm
If the veteran desires to aid in set
ling undeveloped lands, the fifth OPP
ion of the bill will enable him to do
o. Provision is made for the estab-
shment of reclamation projects, for
he development and improvement of
acant land. This may be govern
lent land or land purchased by the
ovenment. So far as possible, these
rejects will be located in every state
he state paying part of the purchase
rice of private lands bought for this
urpose. EX-service men are to be
mployed on the projects as far as
ossible. The bill also provides for
ne sale of farm units on these pro-
ects when they are ready for settle
,nnf thn eo1a ny,on 30 ,,,o1,,Io H.