The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1922-04-26
6. 0. ?. TO HALT TARIFF
TO OK. VITAL" BONUS
Sales Tax May Be Adopted In
Rush to Pass Bill Viewed
As Holding Party Fate.

Washington, April 24.--Enact-
ment of soldier bonus legislation is
more vital to the Republicans in the
coming campaign than passage Of a
tariff bill, according to the position
assumed today by Republican lead
ers.
The tariff measure will be laid
aside temporarily for consideration
of a bonus bill whenever one is
ready for discussion. according to
announcements made at the close Of
last week.
This course will be followed no
matter how much time may be con-
sumed in debate on the bonus prop
osition.
A good, strong fight will be wag-
ed against the bonus, although the
number of opponents are estimated
at less than twenty. Passage of the
bonus is certain to entail several
days delay on the tariff.
Bill to Be Rushed -.
Returning from North Dakota
Senator P. ]. McCumber, Republi-
can, said bonus legislation would be
fastened in every possible manner.
The work will be taken up by the
Finance Committee, but probably
not before Monday. When a bill is
perfected, said Mr.. McCumber. 1t
will be brought in and precedence
given to it over the tariff.
1t was predicted by Mr.. McCum-
ber that a number of changes would
be made in the House bill. He said
he could not indicate their nature
until after consultation with his as
sociates on the Finance Committee.
"I will see the President, either
directly or indirectly, before taking
up the task of formulating a bonus
measure" said Mr.. McCumber. II
will try to ascertain his views on
every angle of the soldiers compen-
sation proposition before beginning
the actual arrangement Of the bill"
May Adopt Sales Plan
1t is regarded 'as possible that
Mr.. McCumber may accept the re-
port of the Presidents attitude, as
given by Senator James E. Watson
of Indiana, Republican, who confer
red at the White House. He found
the President opposed to virtually
all suggestions except that of a
sales tax for raising the funds to
make cash payments.
A strong sentiment is developing
among Republican Senators in favor
of providing for the issuance by
the Treasury Of certificates of in
debtedness to furnish cash payment
funds.
1t is held that this plan would
meet the immediate situation and
the certificate could be made later.
It would eliminate the House fea-
ture of issuing certificates ON which
money may be borrowed.
New Tax Prediction Is Dampener
As an offset to the enthusiasm
aroused among Republicans by the
suggestion of Indebtedness certifi-
Gates it was declared that high
Treasury officials foresee the neces-
sity of additional taxes to cover the
deficit of nearly $500, zoo, 900 pre-
dicted for the next fiscal year.
1t was pointed out at the Depart
ment that the Government has no
other means of bringing In the nee
essary revenue. Thus far the mat
ter has not received official con-
sideration and there was no indica-
tion of what form OF taxation the
Treasury would recommend to meet
the deficit.
In addition II was made clear at
the department that the interest on
foreign debts expected during the
next six months will not be sufficient
to defray the expenses Of a soldier
bonus.
Linking Bills Is Fought
The Treasury still backs the
President in insisting that II Con-
gress enacts the bonus II must pro-
vide the money
President Harding's consent to the
plan Of Senators to link up the tariff
and bonus measures. at least as to
bonus revenue. is stirring up
storm in the House. It raises new
complications that may endanger
the traiff-bonus programme.
Chairman Joseph w, Fordney of
the Ways and Means Committee,
who piloted both measures through
-. l.. L..