The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-05-31
NJ CUMDER
BONUS BILL
IS REPORTED
Smoot Proposal De.
feated in Senate
Committee

MASttfNlJtlN. Nay al ABl
.he Associated Pressl The Me
Cumhcr soldier bonus plan was or
dercd favorably reported today b,
the senate finance committee. The
vote was . to 4.
The effective date of the bill was
changed. however, from ncxi &c
tober to January !. 1919, after
Senator Walsh. democrat, Masaa
chusctts, told the majority that u
would take six months TO get the
bonus machinery In operation.
The Smoot plan. providing for
paid-up life insurance In lieu of all
other forms Of compensation was
defeated by vote of 10 3, the
three democrats present, simmons
Walsh aud Gerry, voting against it.
Republican, supporting the Smoot
proposal were senators Smoot, Mo
Lean. Frelinghnyscn. Calder aud
Dillingham; Republicans voting
arnlnA u were McCnniher. Curtis.
Watson. Sutherland and l.nFoliette.
u Amended tIousc mn.
The NrCumher plan j. the house
hsil with some amendments. in
cluding elimination 81 the land set
tiemcni or reclamation project.
Several % the majority members
Of the committee gave notice TO
Chairman McCumber that they
would oppoEe laying aside the Ia
riff hill for senate consideration ~
tho honus ~ any time In the near
future Chairman McCumhor re-
nlled that he intended TO get ~
nromu consideration of the bn-
l... sk.rls.HI
but did not state whether the Ia.
riff measure would h. laid aside.
n was reported that the republic
can lcadora hoped to work out some
plan by which the bonus measure
could be- expedited without delaying
seriously tho tariff bill, Senators
said reclamation waH mo- discussed
In committee. although house load
ers and some senate supporters Of
recla nation legislation had urged
tina, the Smith -McNary declama-
tion blil or some similar ioRisla
ton be attached TO the house mca-
sure.
Promut Action Desired.
Senator Simmons, ranking dem
ocratir member. announced on be-
hnif Of the three democrats present
that they voted to report out the
McCumhcr hill only to get action
promptly and not because they IA
vored Tho measure. The demo
cratic leader expressed the belief
that the McCumher bill would he of
little ben a. Ia tho former service
men and said the minority reserved
the right to offer substitute bill
In the senate or amendment to she
McCumber plan
Cash Provided.
The senate bill, as reported.
would provide cash for veterans
whose service credit would no, cx-
coed $50, as proposed in the house
measure. and would give TO other
veterans one OF those four options
tA) Adjusted service certlfi-
Gates. having a face value Of s.0ih
times the amount OF the adjusted
service credit computed at the rate
0f 81 day for domestic service
and si25 for foreign service. with
provisions for loans by banks prior
to January T. 1895. and by tho
government thereafter. These Ger.
tificates would mature In 20 years
Of the date Of issue or sooner upon
the death OF the veteran.
(B) Farm or home aid In M
amount equal to the following per.
ccntaEes Of service credit. 100 pet
cent u payment were made during
i92s; i05 per cent In 1874; ilo pct
cent In 1895: i20 per cent In 1926;
ia0 per cent In 1917. and iae per
cent In 1885 or thereafter fundef
J the house hill the amount paid un-
der this option would have been
tho total service credit Increased
| by 20 per cent?.
tC) Vocational training aid nj
the rate OF ti.7h a day hut the to-
tai not 10 cereed ife per cent OF
the amount OF the adjusted service
credit of the veteran.
tD) Land settlement; Upon ths
opening Of public or Indian iand'
10 entry, veterans would be Eiyef
preference IN their settlement fol
a period of not lnss than sixty dayl
aud then would he allowed by Tho
government. for payment on suci
lands or Improvement thereto. az
amount equal to she adjusted ser,
vice credit Increased by 2b per cen
(This provision IA in lieu OF ths
reclamation project proposed u