Daily Kennebec journal., 1922-03-17
ESTIMATED COST
Continued from Page One)

suspension of the rules, Mr.. Lineber-
ger said the petition would be pre-
sented There was some speculation
as to whether a formal conference
call would operate to delay consider
alton Of the legislation Chairman
fordney declared emphatically he
was still determined tc bring the bill
up Monday under a suspension of the
rules if that could be done, and if
not. to call it up Tuesday under a
special rule, if such a rule could be
obtained.
Speaker Gillett is due to arrive here
tomorrow from Florida, one day ahead
of the original schedule, and at that
time the question Of whether the bill
will be taken up Monday probably
will be settled. Mr. Fordney said the
conference with the Speaker would
be IN perfect harmony" and that if
Mr.. Gillett held against a suspension
of the rules lie would proceed with
plans to bring the measure up under
a special rule.
Ihe chairman went on to say that
1t was not his desire to limit debate.
that II the measure were taken up
under a suspension Of the rules he
would ask unanimous consent for
TWO Gays or discussion which would
throw the final vote over until late
tuesday. Should his request be de-
MED, debate would be limited to 40
minutes, under the House rules.
The majority report on the bill was
approved by all Of the Republicans
of the Ways and Means Committee
except two. Representatives Tread
way of Massachusetts and TiIson.
Connecticut, who voted against the
measure in committee and who were
not present at the session of the ma
Jority today when the report was
finally revised.
The estimate in the report that
the total cost of the bonus would be
S4,O9S,719.350. was based upon as
sumption that 20 per cent of the A.
| 45S.190 veterans who would be ELI
g'ble for compensation would accept
, adjusted service certificates; two and
one half per cent vocational training
aid; ten per cent farm and home aid
and IL per cent land settlement
aid. The remaining ten per cent
would be paid in cash after passage
of the bill under a provision requir-
| ing veterans whose adjusted COM
pensation would not exceed $50 to
accept cash.
Total costs under various options
of the bill were estimated as fol-
lows:
Cash payments, $16,0Oo,00O: GER
tlf1cates on account of deaths, s577,-
$1,000: an don account of maturity,
Sc. .S23.35O; vocational training,
s52,325, 700: farm and home aid,
$1S6, 100000, and land settlements
SLIP. 100000.
The greatest cost in any one year
was estimated at $3,154,S23 in the
! fiscal year 1913, when the certificates
then outstanding would mature. The
costs under all other options except
the certificate would cease, the re-
port said, in 1927. The last pay
nents under vocational training
would be in 1925, under farm and
home aid in 1926, and under land
settlement in 1927. After that time
I the only cost each year until the
year of the maturity of the certifl-
Gates would be payments on account
of deaths of holders of certificates.
The cost in the fiscal year 1928,
the first year after the bill came into
operation. would be s74,279,000, the
report said, and the costs for each
succeeding year UP to. but exclusive
Of 1913, would be: 1924, s124,440,-
600: 1925, $121,37O.00o: 1926, $780,
$4,000: 1927, S42,936,OOO; 1928,
s27. 5000: 1929, s27.233,oOO;
1880, $27,415.oo0; 1881. s27.674,000;
1882. $27,932.00O: 1888, s2S,265,O00;
1894. s2s,6oo.O 900; 1885. s29.OO4,OoO;
1896, $2944s,0O0; 1887. $SO.O03,o00:
1888. $50, $4,000: 1889, sS1,333,00o:
1910. $32,144,0o0: 1941, S33.1O5,000.
and $942, $34,251.O00.
The report said that no provision
had been made for raising revenue
to meet the first years cost, because
a majority Of the committee was
satisfied that mo new taxation nor
special provisions are needed until
after the expiration of that flcsal
year." 1t added that any estimate of
government expenditures for 1924
and the amount of revenue needed
on account Of the bonus would nee
essarily be very Inaccurate at this
time"
These advantages of plan of bill, y
with the adjusted service certificate
bank loan plan in lieu of the orr
ginal cash bonus provision were