The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-06

my pan huall DO Inhue-H IN tnS
judgment OF the secretary OF thJ
treasury the best interests OF the
country are thereby served--by the
sale OF whatever securities are ob-
tained by the retunding OF the for
eign debt to the United States.
Such a plan would avoid additional
taxation.
THE interest rate of Great Brit
ain has been reduced from 7 to s
per cent. The credit OF Great Brit
ain may be expected to reach nor.
NAL within very few months.
While the date OF payment of the
first installment OF the Interest duo
us from Great Britain rs fixed tor
October. 1922. It must be borne In
mind that II will probably be Octo-
ber, 1928. before the muster rolls.
service records and bonus applica-
tions OF our former service men are
checked up completely. and the
bonus actually made available for
distribution. A lot OF machinery
must be set UP and a lot OF WORK
performed before the government
can commence bonus payments.
"But there Is one thing we Ought
to keep before us always. We either
owe the veterans something or we
do not owe them anything. That Is
all there Is to It. l am one Of those
who believe we owe them come
thing, and II we owe them a debt
we should pay It without further
quibbling or delay--a hundred cents
on the dollar--no more, no less.
And II we owe them money. or
II they want money, certainly we
do not owe them insurance, or
their families an inheritance, and
we should not attempt to settle
with them in that way.
II certainly object most vigorous
ly TO the veteran being regarded
as an object of charity--as the
beneficiary OF gratuity--as one
in a condition OF want and distress
whom we should provide. reluctant
ly and apologetically, some sort OF
compensation--any kind of COM
pensation which may suit our con-
venience.
"I believe, II We concede we owe
the veteran "A bonus we should give
him the kind he wants, not the
kind we may think he should have.
AS / see the veteran, he stands upon
his rights. merely demanding equal
ity of treatment with those who
played their part in the World war
in civilian attire.
---" "tc,,>e.#g!asad as am that the
country does owe the veteran
something, that the government is
indebted to him. think we should
pay him without haggling. Why Is
the government in his deht7 Tirs;
we deducted or withheld from his
pay the cost OF the insurance nc
took out after he entered the serv-
common practice in all hazardous
| employment in civil life. The usual
rule (indeed, Il Is the law OF near
| ly every state in the union) IL that
where an employe IL engaged In n
+ hazardous occupation the employer
| Is required to assume the risk al
his own expense. Why should the
government have adopted differ
ent policy?
"And where allotments were
made TO dependents so per cen,
was deducted from the veterans
pay. The veteran was also urged
| virtually commanded by his SUI
| pcriors to subscribe TO Liberty
/ bonds at par. The veteran did sub.
scribe--liberally The par value OF
| the Liberty bonds he bought W.:
taken from his pay. and how man,
were the instances OF where th'
veteran, after he was discharge
! from the service. was compelled b,
| his circumstances to sell those
bonds at as much as 20 per cent
| below par-another loss from his
/ own pocket?
"Still the government provided a
yearly bonus OF S24O, or $40 month
] ly, for every civilian employe,