The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-27
BONUS ACTION HALTS
INSENATE TO AWAIT
LEGIONS GUIDANCE.
Committee to Hold No Fur
ther Hearings Until Poll
Is Completed.
TO ACT ON DICTATION
Negotiable Insurance Policy
With Cash Feature Now
Gains Ground.
LOAN AGENCY PROPOSED
Also Bizarre Pawnshop Scheme
Dial Assails Treasury
Raid Promoters.
LOAN AGENCY PROPOSED
BY LOUIS sEIBoLD.
ny HVUHS SEHDOHDs
Special Dispatch to TIE New YORK HERALD.
New York Herald Bureau.
Wnshinufnu Arr L


Bonus Senator's on the Finance
Committee are awaiting further orders
from the American Legion before
framing bill sanctioning bonus raid
on the public Treasury.
This fact was virtually admitted to-
day by Senator Capper (Rep.. Kan)
in explaining the failure of the COM
mittee to continue it's recent confer
ences with the organized promoters
Of the bonus enterprise.
There will be no further hearings
for the present or until the completion
of poll which the American Legion
is conducting among its $4,000 mem
bers. This poll. according to Senator
Capper. will disclose the majority
opinion among the bonus claimants
regarding the form that gratuities in
the shape of Government money
should be provided in the bill.
In making the announcement Sena-
tor Capper. who is the chairman of
the agricultural bloc in the Senate,
said:
"The bonus bill which the Finance
Committee will propose undoubtedly
viii be one that VIII prove satisfactory
to the cx-service men,"
Main Point I'm Question.
Senator's for, against and undecided
on the bonus do not question the ac-
curacy of Senator Cappcr's statement.
But some do seriously question the
readiness OF the Senate itself TO ac-
cept bill which will prove objection
able TO the President. TIE Treasury
Department and the people generally,
and particularly the farmers.
Several Senator's who had been led
to believe by spokesmen for the agri-
cultural bloc in Congress that the
farmer is in favor OF the bonus were
somewhat disillusioned to-day by the
result of THE New YoRK HERALD poll of
officials OF twenty-three State Farm
Federation bureaus. who stated their
opposition to the bonus by odds Of
more than to /.
Critics OF the bonus scheme are, OF
course. helpless until the Finance Com
mittee produces and reports a bill TO
the Senate. That will ot.bc until the
ex-servicc men who are clamoring for
cash down approve a plan for getting
money in the most direct and quickest
fashion.
Not a member of the Senate enter
talns the least doubt on this score.
They arc already prepared for an an
uouncement by the American Legion
that the overwhelming majority OF
bonus claimants will indicate their
preference for some sort OF negotiable
insurance policy which will get the
money out Of the Treasury in the most
satisfactory manner.
Questionnnire I'm Kansas.
Senator Capper to-day confirmed
this impression by making public the
result of a qucstionnaire distributed
among ex-service men In Montgomery
county Kansas. or course the result
OF the poll established the preference
Of the ex-service mon interrogated for
an insurance policy plan with an i'm
mediate cash value and the homo aid
proposal such as contained I'm the bill
passed by the House. AS soon as the
approval of the other ex-servicc mon
who arc supporting the demand of tho
organized propagandists for cash at
once is received the Republican mem
hcrs OF the Finance Committee will
frame bill favored by the American
Legion and call In their Democratic
associates 10 take Il or leave IT,
The willingness OF tho spokcsmen OF
tho American Legion and Foreign
Veterans to accept insurance policies
with a cash feature) Is regarded by
Mr.. Cappcr and bonus Senators as
pressglng it's adoption by the com
mittec. The only problem they say Is
TO work out borrowing plan which
will be acceptable to the bonus claim
ants and the Treasury Department"
As President Harding and Secretary
Mellon have disapproved this suggcs-
ton "thc only problem promises to
be most difficult OF solution.
crote~auc Suggestions.
Senatorial candidates for reelection
who. according 10 Senator Borah, arc
intent on using Government money to
pay their political obligations do not
appear TO know just how to devise a
scheme for financing the bonus raid.
Some Of the suggestions made for
doing SO by Senators usually credited
with clear thinking are quite as gro
tesque as these proposed while the
Continued on Fagc Six.