Arizona republican., 1922-02-14
PRESIDENT WILL
ANNOUNCE PLAN
To RAISE BONUS
+ FINANCES TODAY
TRepubIican A. p. Leased WireI

WASHINGTON, Feb. 13.-The po-
sition of the administration as to
how the funds for the soldiers bonus
should be raised may be made known
to congress tomorrow. President
Harding and Secretary Mellon had a
conference today and were under
stood to have discussed the question.
Two plans have been suggested by
members of congress charged with
the reporting Of bonus legislation.
One by Republican members of the
house ways and means committee
contemplates special taxes, while
under the. other, put forward by
Chairman McCumber and Senator
Smoot of Utah, ranking Republican
on the finance committee, short time
treasury notes or bonds would be is
sued during the time that the cash
payments were made to the former
service men.
At the White House conference to-
day it was indicated in some admin
istration quarters that the treasury
secretary held the same views with
regard to the issues of notes or bonds
that he expressed in his recent letter
to Chairman Fordney of the ways
and means committee. On the other
hand, congressional leaders said OPP
position to the levying OF additional
taxes at this time was increasing.
1t was understood that the tax pro-
gram drawn by the house sub COM
mittee met with instant opposition
when it was presented to majority
members of the senate finance COM
mittee. Sub committees were named
to thresh the matter out and after a
conference with Secretary Weeks
they were understood to have pre-
sented the two proposals to the
President.
Harding View Today
While the President was consider
ing the matter the sub committees
marked time today. Senator Nc
Cumber said he expected to get the
Presidents views tomorrow, but
added that he was not advised as to
how they would be communicated.
The bonus question was discussed
today both in the senate and house.
Senator Borah, Republican of Idaho,
brought UP the subject in the senate,
declaring that the demands for a bo
nus for former service men who We're
not impaired physically or mentally
as a result Of their war service might
embarrass the government in taking
care of wounded and disabled.
The Idaho senator declared that
$75, 900, 900, 900 was q conservative es-
innate of what 1t would cost the gov
ernment to care for all disabled men
before the governments obligation
to them would be discharged. He
said thatAin his judgment it would be
matter of only 10 years before con-
gress would be appropriating billion
and a half dollars annually for the
necessities Of disabled men.
The bonus was brought before the
house by Representative MacGregor,
Republican Of New York, who urged
that the funds for it be raised by
means of taxes on light wines and
beer.
Edge Opposes Business Tax
Senator Edge, Republican of New
Jersey, in a formal statement de-
clared that while he had not yet
taken a final position on the bonus
legislation, ''if the billions necessary
to pay the proposed bonus are to be
raised through further taxation upon
business and industrial enterprise,
then am against it, and in my judg-
ment we are simply putting off just
| that much longer a resumption of in
dustrial and business activity neces-
sary to lessen present unemployment.
| IF congress would alopt as the
method of raising revenue" he add
(Coutinued on page Twol