The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1922-01-13
Curtis, sc. O. P. Whip,s Says
Nearly All Want Cash.
Capper, Head of 'SFarm Bioc,1
Backs Bond Plan.
LEADERS DIFFER ON COST
Lodge Declares SO, ,75G, ,OOO,0
Needed at Once.
Sale OF q. S. Backed British,
Bonds to Raise Sum.

Copyright, 1922, by l. n. 81
Washington. Jan. 13.-Not less than
$2,75O, O00, 900 will have to be provided
for the soldiers bonus out of the pro-
posed $4.O0O,0e0 British debt bond is
sue in the judgment of Senator Henry
Cabot Lodge. the leader of the senate
1t was declared today.
Senator Lodges estimate is based. It
was stated, upon the belief that from
70 to rs per cent of ex-service men
will require a cash bonus when adj
ministration leaders undertake 20
the soldiers bonus with the British
Differ on the Cost.
The plan involves the open sale of
1000, 900. coo worth of British govern
ment securities, guaranteed by the
American government, as a practical
means of meeting the grave problems
presented by the soldiers bonus and
the foreign debt and. of providing a
stabilization Of international economic
and financial conditions both here
and abroad, at the game time.
Other leaders of the senate differ
with Senator Lodge, it was explained,
as to the total cost of the soldiers
bonus if cash must be furnished ex-
service men.
Senator Curtis. OF Kansas. the Re
publican whip" is of the opinion that
the number of ex-service men who
would ask for cash in lieu OF the other
forms of adjusted compensation sug-
gested. it was understood.
On the basis of Senator Curtis 90
per cent estimate. practically all of
| $4,000, 100000 would be needed by
the government to finance the soldiers
bonus in accordance with the plan
outlined
| Senator Watson, of Indiana, another
administration spokesman. was repre-
scented as*entertaining the opinion that
from IS to 81 per cent. of ex-service
men would not be satisfied with any
/ thing less than a cash bonus.
Discussion of the plan was resumed
/ today by administration leaders, fol-
lowing the conference they had on
the subject at the White House Sat
urday night and at Senator MediiI
! McCormick's residence Wednesday
| night. The belief was expressed that
! the plan would not only prove popular
! but successful.
Capper Promises Support.
Senator's Capper. of Kansas, and
! McNary, of Oregon, leaders of the
senate Agricultural bloc who par
! ticipated in the conference at SEN
ator McCormick's house, were re-
ported to have promised support o.
the plan by the western agricultural
interests.
DUN (dppef ana McNary nave fire.
quently insisted, as have other Repub-
lican leaders of the senate, that a
cash bonus must be provided for ex-
service men if one was considered
most desirable by the ex-service men
! themselves
! This view has been shared by SEN
ator McCumber, of North Dakota, the
new chairman of the senate finance
! committee and by Senator Lodge
The American Legion is expected to
back the plan now under consid era =
, ton The Legion is on record as
/ favoring ex-service mems compensa- =
/ ton on the basis Of % cash, l2) in
/ surance, I'D farm and home settle
tment, t4) land settlements, and (5)
vocational education. legion poll
! showed preponderance OF senu-
ment among its members in favor OF
cash.
1 President Harding is said TO regard
J the new plan with favor. despite the
opposition expressed to It by some OF
the members Of the cabinet.