The Clayton news. (Clayton, N.M.) 19??-1954, 1922-04-28
ADJUSTED COMPENSATION
BILL WILL SOON COME UP

8Ns@ NNNa@ A'@NN
Washington. April 27.-The Sol
dicrs' Bonus bill will become a law
within a month, if plans Of Bepub-
lican leaders in the Senate and the
House are successful.
Arrangements for taking up the
measure thai passed the House a
month ago have been completed by
| The Senate Finance committee. and
| it is expected that The bill will be
reported to the Senate within the
next two weeks
The Republican members of the
Finance committee have decided to
press the measure with all possible
speed. During the coming week the
full membership of the Finance
committee will confer with leaders
of veterans organizations, and will
begin actual consideration Of the
House bill.
Invitations have been sent To
heads of the American Legion, Vet
erans Of Foreign Wars, and other
similar organizations of former ser
vice men, and to representatives of
the Veterans Bureau and the Treas
Iury department, to attend a hearing
ibelure the committee next Thursday.
|. The finance committee is undccid-
ed as to whether public hearings on
the certificate scheme Incorporated
in the House bill shall be held. The
hearing on Thursday will be for the
sole purpose of permitting the fill
ing of statements on the necessity
for early enactment of bonus legis-
latiOn.
The certificate scheme, under
/ which veterans would have 10 20 to
banks to borrow cash on their ad-
justed compensation under o plan
which would not require lhe hanks
! 10 make the loans, is meeting with
/ strong opposition in the Senate.
!, Members OF the finance committee
who are sincere friends Of the bonus
! are insstent that treasury officials
+ be given a complete hearing ON the
p scheme before the committee takes
action on the bill.
I When actual consideration Of the
f bonus is begun by the senate COM
I miitee, advocates of the sales tax
I will renew their fight for adoption
! of that System of financing.
President Harding has recon-
p amended cash bonus with the sale,
/ TAX attached TO finance it, House
leaders who were opposed TO The
sales tax forced the certificate plar
thrnugh.the lower branch Under gas
4 rule that would not permit a vote OF
the sales tax.
Senators Smoot of Utah. Frpling.
\ mIysen and Edge Of New Jersey, anC
= other influential senator's are be-
- hind the demand for the sales tax
p and will make a strong fight for it,
adoption. They have the active
C support Of Senator Lodge Of Massa
p chusetts, Republican leader in tn,
q senate.
ol Senator Sm0Ol will propose in tn
finance committee that the fivp-wa'
- bonus plan. which includes the casl
y bonus. be restored in the bill an,
that a manufacturers sales tax o
one per cent be levied tO meet tn
= cost.
= Sales fax advocats expressed con
% fidence today that the turnover lev
will be adopted by the senate. |
the finance committee fails to re
n port it. the amendment will be Of
% fered on the floor of the senat
4 when the bonus measure comes IL
: fOIlVoie.
II Leaders in the senate and hOus
NJ do not anticipate any long della
; when the measure reaches n confer
N pnce committee of the two house
"a They expect that differences be
" tween the senate and house can h
N irOned out within a few days or
week, and that The measure will b
,e finally passed and sent TO the pres
Is ident soon after it passes the senatr