The Dawson news. (Dawson, Ga.) 1889-current, 1922-09-05
SENATE HAS PASSED
SOLDIERS BONUS BILL
1T is PROPOSED TO USE IN
TEREST ON FOREIGN DEBT
TO MEET PAYMENTS.
PARTY LINES WERE WIPED OUT
By Vote of AZ to % -Four Billion Dollar
Bonus Bill Is Put Through Senate,
The Measure Now in Conference.
Watching the President.

WASHINGTON vote of AZ
to p the four billion dollar soldiers
menus bill was passed today by the
senate. 1t now goes to conference,
where prompt action is expected by
both senate and house leaders
Party lines disappeared on the roll
call, which followed four hours OF de-
bate Announcement of the result was
greeted with applause from the gal
leries which went unchecked despite
the violation of senate rules.
Three opponents of the bonus were
present, but unable to vote on &C
count of pairs. Eight other oppo-
nents were absent, making the total
number against the measure 80, or
one more than enough to prevent
passage over a presidential veto pro-
vided all 90 senator's were present and
voting.
Twenty-seven republicans and 20
democrats voted for the bonus, and
IS republicans and 7 democrats voted
against it Neither Georgia senator
voted. Senaor Harris was paired for
the bill, and Senator Watson against
it. He made speech i'll opposition to
the measure.
Provisions of Bill.
diers' bonus bill would become ef-
fective January /, = 1923, and would
provide three optional plans for vet
Grams of the world war other than
those whose adjusted service pay
would not exceed $50 These would
be paid in cash. The options are:
Adjusted service certificates pay
able in 20 years or sooner at death
and containing loan provisions.
Vocational training aid at the rate
Of $175 a day up to total of 40
per cent of the adjusted service credit.
Aid in purchasing farm or home,
the total amount to range from 100
per cent of the adjusted service cred
it if the money were advanced in 1928
to $40 per cent OF the adjusted ser
vice credit if the payment were made
in 1926 or thereafter,
Adjusted service pay or adjusted
service credit would be figured on the
basis of 81 day for domestic SER
vice and SIPS day for foreign SER
vice less the 5000 paid at discharge.
But in no event could the amount
of the credit of the veteran who per-
formed no overseas service exceed
$500 and the amount of the credit OF
the veteran who performed any over
seas service exceed $625.
Adjusted service certificates would
have a face value equal to the sum
of the adjusted service credit of the
veteran increased by rs per cent plus
interest thereon for Is years at the
rate of 4 IL per cent year, COM
pounded annually.
Senate's Plan to Pay Bonus.
The Senate had previously approved
the use of the interest on the foreign
debt in financing the soldiers bonus.
The amendment authorizing the
payment of the bonus charge with the
interest on the eleven billions of dol
lars owed the United States by the al
lied nations was proposed by Senator
Simmons, democrat, North Carolina.
He and Senator Reed, democrat, Mis-
souri,, and other members urged it as
means not only of meeting President
Harding's requirement that the bill
carry a means of financing, but also
of silencing the talk about the can
collation. of the foreign debt.