Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-06-08

REPORT NIENlDEDI b; GIVEN
WHEN MEASURE IS DELIVERED.
IS MADE PUBLIC THIS MORNING

81 80 SvOs
ment Estimated At, S.
45,659,4Sl; Il Differs
From House Bill. And l.
Almost Complete Change
! From Measure Presented
Last Year.
washington, Juno S.-An effort to
present the soldiers bonus bill to the
senate today was blocked by Senator
Williams. Democrat, mississippi.
Chairman McCumbor. OF tho finance
committee gave notice that he would
make another effort later in the day
to get the measure to the senate cal
<endars @
Because of the parliamentary pro-
edure under which the senate was
operating, unanimous consent was
necessary to present the bill and the
report. which. earlier in the day had
been made public by Senator Nc
Cumber. Williams. a member
or the finance committee, and an OPP
ponent Of the legislation, refused such
consent.
Asserting that congress had paid
tho claims against the government of
war prohteers" and that every time
an effort was made to pay compensa-
ton to the soldiers there was objec-
tion, Senator Ashurst, Democrat, Art
coma, urged Senator McCumbor to
move that the bill DO received;
The time has come for tho use OF
pluck and grit and courage and
sand" the Arizona senator shouted.
Senator McCumber explained that he
could not offer such q motion !hpcause
there was a gentleman's agreement
that h tariff bill would not be laid
aside for controversial measures With
out advance notice beinE given. In
trying to present tho bill and the ac-
tor McCumber said that after consul
tation with members on both sides Of
the chamber he would oak later to
lay aside the tariff b!n and take up
the bonus measure.
He said no did not know when the
measure would be; called up. He went
On to say that he hoped tho bonus
would not lead to a partisan hght. \
This is an American btll.""She told
yNo 6CIl0LO, -EAIAu 1 sxtOpC we WALL 10
able to dispose of It an an American
vstaa: The nsssssafy approprsas,ons
:.lng the war" 'e5s
Washington, June s.-An accom-
panying report for the soldiers bonus
bill as. made public early today by
Chairman McCumber places tho prob,
able cost to the. federal government
at $3,4s5. 6 s,481. spread over a per
iod of g years from noxt January y
less than the estimate q tho
house bill, which was 34.osS,7l9.35o,
payable owe 20 years.
Estimated Division.
Tho senate bill estimate was pre-
pared by treasury experts and Is
based on the theory that rs per cent
/, Of the ~4.A5S.199 veterans who would
be eligible for compensation would
elect tho adjusted serv7oe certificate
option: ASH per cent, farm. home
and hand settlement aid. and AZ per
sent vocational training aid. Should
all Of the veterans select the certif1-
cato plan the total cost would be $4.-
A86,545.975.
with reference to financing the
legislation, Chairman McCurnberNs re-
port said It was hoped the reduction
In governmental expenditures plus
the payment Of interest on b re-
s.funded foreign obligations would, be
sufficient to obviate the imposition of
additional taxation. Y
eff It does become necessary to inn
, nose additional taxes the report
! continued, " it is believed we can bet
ter determine the amount Of the nee
essary levy and the methods Of dis
tributipg such burdens Tor the future
at a later date when the future condi:-
| Ion Of the treasury will be more ac-
i curately established"
~ to the refunded foreign Hobltga-
%fons the hope was expressed that
this eoon would be obtained and that
: Il VIII be possible. for the foreign gov
.rnnoents to provide for the imme-
tdtsta nay.nent Of interest thereon, so
that such interest can be used toward
~6efravfne the expenses authorised
under this act"
Senator McCumber explained that
~ attempt had been made to reduce
sE,Minfmum actual cash payment un-
dor the Bll during h next three
vears while the treasury is engaged in
refunding the nearly seven billions OF
dollars Of maturing goyernment onll-
rations. The estimated cost OF .the
! horus for those three years Was
S242, oo0,0 00. ,
mis- measure differs somewhat
from the house bill and very widely
from the bonus bill that was report
"a 10 h senate last year and later
sent hack to the finance committee at
the request OF President Harding.
The most important change Q the
~ori9inal measure 10 the elimination
Of the cash bonus ana Ieclama.ion