The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1922-06-02
FINALLY HANDED
OFFICIALSANCTION
ACTION BY SENATE COM.
MITTEE TODAY
MlEAN BROKE THE TIE
smoot Suggestion For Paid Up
Life Insurance Met With
Defeat.
rAssocsated Press Dispatcb.l

lASSOcndIed HTcSS sDlSpdtCN.l
Washington, d. c., May 3L-The
commonly ynown hIccumDer SOL
dier's bonus plan was ordered fav-
orably reported today by the SEN
ate finance committee The voice
was 8 10 4. ~
The effective date OF the bill was
tober / TO January L, 1923, after
Senator Walsh, democrat, Massa-
chusetts told the majority that it
would take six months to get the
bonus machinery in operation.
Smoot Plan Defeated
The Smoot plan providing for
paid up life insurance in lieu OF all
other. forms of compensation was
defeated by a vote of to s..
Senator Mclean broke the tie
which has existed among the re-
publican memte rs oil the vote to
report the McCumber plan which
is the house bill which some
amendments Including elimination
Of the land settlement or reclama-
ton project Senators said reclama-
ton was Tot discussed, although
house leaders and some senate sup
porters Of reclamation legislation
have urged that the Smith McNary
reclamation bill or some similar
legislation be attached to the bonus
measure.
Prompt Action For Measure
Several of the majority members
of the committee gave notice to
would oppose Laying aside senate
consideration of the bonus at any
time in the near future Chairman
McCumber replied that he intended
to get as prompt consideration OF
the bonus bill as could be worked
out but did not state whether the
tariff measure would be laid aside.
It was reported that the republi-
can leaders hoped to work /out
some plan by which the bonus
measure could be expedited with
out delaying seriously the tarin
bill.
Senator Simmons, ranking dem
ocrat member announced on behalf
Of the three. democrats present, that
they voted to report out the Nc
CumLer bill, only to get action
promptly and not because they
favored the measure. The demo
cratic leader expressed the belief
that the McCumber bill would be or
little benefit to the former service
men and said the minority reserv-
cd the right to offer a substitute
bill in the senate or amendment to
the McCumber plan.
The committee before approving
the McCuntber han eliminated the
forfeiture provision as contained in
the house measure, under which
veterans failing to pay leans to
banks or to the government would
have forfeited their adjusted serv-
ice certificates. Z
Under another amendment APP
proved by the committee, veterans
could make application for adjust
ed service compensation at any time
after the passage of the law. The
house measure would have limited
the time to July /. 1923
The Provisions OF Bill
The senate bill as reported would
provide fer the payment of cash
to veterans whose adjusted service
credit would not exceed $50 as pro-
posed in the house measure and
would give 20 other veterans one
of these four options:
Adjusted service certificates hav-
ing a face value of 3.015 times the
amount of the adjusted service
credit computed at the rate Of 81
a day for domestic service and S1.25
for foreign service with provisions
for loans by banks prior to January
1. 1925, and by the government
thereafter These certificates would
mature in 20 years from the date Of
issue or sooner upon the death OF
the veteran.
Farm or. home aid in America
equal to the following percentages
of veterans adjusted service
credit: 100 per cent ii payment
were made during 1923; los per
cent If payment were made in 1924;
10 per cent in 1925; 120 per cent
in 1925; 100 percent in 1927 and
140 per cent in 1923 or thereafter
Under the house bill the amount
paid under option would have been
the total of the adjusted service
credit increased by 25 per cent.
Vocational training aid at the
rate OF SITS a day but the total not
to exceed 40 per cent Of the
adjusted service credit Of the vet
eran. ~.~.
Land settlement: Upon the open
ing of public or Indian lands to en-
try veterans would be given pre-
ference In their settlement for .
period of not less than sixty days
and then would be allowed by the
government for payment on such
lands or improvements thereto. an
amount equal to the adjusted serv-
ice credit increased by "a per cent
This provision Is in lieu of the re-
clamation project proposed in the
house bill.
TROUBLE OVER CAR