Paragould soliphone. (Paragould, Ark.) 1918-1950, 1922-03-08

Bill Probably Be Sent Out
Tomorrow But Passage
Probably Will Be Further
Delayed.

| CONDENSATION for those VINO 1OuSnt
| in the great war is scheduled to
reach the calendar of the House OF
Representatives this week.
Formal action on the bill framed
by Republican members OF the House
! WAYS and Means Committee WIZ be
taken by the full committee, with
1.-The Democrats participating Tor the
first time on Tuesday. The inten-
ton is to report the bill to the
House at once, but to delay pressing
it for passage probably for another
week.
Comparativelya little criticism has
developed to the new adjusted serV-
ice certificate plan among members
of Congress who are favorable to
bonus legislation. Such attacks as
have thus far been launched against
The nav nlan are from those who
are opposed to any bonus legislation
whatever.
Scheme Seems Solution.
The opposition to sales tax
emanated chiefly from members OF
Congress favorable to bonus legisla-
ton. This opposition was sufficient
| to cause the Ways and Means Com
lmittee to abandon all attempts to
report a bill imposing new taxes.
The Republicans favorable to some
| kind of bonus legislation who fought
the proposed tax are inclined to the
belief that the present scheme offers
the most feasible solution of the
troublesome problem.
Attacks which will be made on
the bill will be based chiefly on
the fact that the ultimated financial
burden to the government has been
increased by possibly as much as d
billion dollars by modified scheme,
Members Of Congress will be accused
of shifting the burden to future
generation while gaining credit from
their constituents for a soldiers
bonus which does not levy any adj
ditional taxes on the public.
In reply to this criticism members
of the Ways and Means Committee
declare that Congress owes an obi
cation to the ex-serYice men which
must be discharged at once and the
Treasury will be much better able
to bear the financial burden at q
future date than at present. While
admitting that the present plan may
mean an ultimate increase in the
cost to the government this is not a
certainty and that recent express
sions of opinion by officials of the
American Legion have indicated that
AN overwhelming majority of the
|ex-service men would have elected
to take the certificate form of COM
pensation in preference to a cash
bonus under any circumstances.
C. of C. Head Answered.
The criticism of Joseph II. De
Frees, president of the Chamber of
Commerce of the United States rela-
tive to the loan feature of the bill
is not held to be justified by those
advocating the measure. GOV. w.
IP. G. Harding of the Federal Re
Iserve Board is quoted by members
of the Ways and Means Committee
as declaring that the loans made by
banks on adjusted service certifi-
Gates will have no appreciable ef-
feet upon the financial situation.
lMr. Degrees has expressed fear that
the scheme will mean return to
wartime conditions under which the
banks carried a considerable amount
of loans secured by government obli-
cations.
Under the bill as approved unani-
mously by Republican members of
1.-The Ways and Means Committee a
veteran who is entitled to receive
less than $50 in adjusted service
may receive cash. Veterans in this
class include those of the rank of
captain and lower grades, who serv-
ed in the army, navy, or marine
corps more than 60 days and not
more than 10 days. The basic
adjusted service pay is 81 per day
Of home service and $1.25 per day
of overseas service in excess of 60
days.
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