New-York tribune., 1922-02-24
Ansorgse Would
Limit Bonus TO
Those i'm Need
New York Representative, in
Letter ,o Fordncy, Says
Half Of Sum Estimated
Easily Could Rc Saved
Ladd Wants Bank, Taxed
Senator Advocates Levy on
Excess Profits. Charging
Huge Dividends in War

WASHINGTON, Feb. %. -paymcu
OF the soldier bonus on Il sclcctiv
system basis which would eliminate
all not IN actual ueed Of aid, was urge,
to-day upon the House Way and Mem
Committee by Representative Narth
G. Ansorgc, Republican, os New York
In Il letter cent to Chairman Ford
ncT, lie declares that large PEI
ccutagc OF cS-soldcls do not need Cir
bonus and chat the plan under con
sideratioo by the committee woul,
force it upon them. This share OF th
bonus money should be diverted h.
said, to the sick, injured or needy
The subcommittee in charge Of tn,
revenue features Of the bonus bill di,
not meet to-day and no activity Wa.
shown BY any ono in the House in
THIS direction except the group O
Middle Western members VINO hay,
been organizing the auti-aeles ia,
forces. They continued the circulat or
o. petitions opposing that method o
raising the bonus money and now claim
10 have formidable List OF sigucrs
more than enough, tNcy ny. 70 assur,
the dcfcat Of the salos tax should i
be reported 10 q general RcpuOlicaf
caucus. The petitions VIII be sent t,
the Way ana Mean Committee pos
sibly before tho end Of this wcch.
Half of Anount lnncccssary
Representative Ausorgc's lottee o.
to-day said in part:
Perhaps fifty per con. Of our q.
soldiers would fan witbln The cat
CORY Of those VINO arc sick. injured o,
'o need, and estimating tho proposed
bonus at from two to i've billions. one
haIf ol TINS sum would bn aaved t.
the government
The status Of tic sick and disabled
a. result O. the way iiX~d undel
tne NroVis ioUs and operation Of exist
lhg statutes for the benefit Of the e4-
soldier. would cali into existence TO,
& short period the WemDers o. the Sc
.eceNe Draft Board, before whom those
entitled to the 'selectiye bonus would
appear and file certificates, properly
witnessed aad ackuoN ledeed. All otn-
crs would be regarded as not i'm need
G. the BONUS or not desiring il, and
"a contributing tneir shares to the
sick aud wounded
"fhere would be much less onposi-
ton to the bonus bill if it were limited
and provision made for those VINO dil
not need it or want il TO waive ii for
the benefit o. their more unfortunate
buddics'
Senator Ernst. of kentucky. Repyb-
lcan, Will oppose legislation providing
Tor 4 casa bonus. This va announce ]
from his Office to-day.
senator K. L. Iadd. Of North Dakota.
l5saed statement in which he de-
.i 10 u
the largo profits they made out Of the
Va period should be compelled "a
pay tire bonus By means Of an cxces
profits taA
Would praft Bank Profits
Senator ladd, who is Republicar.
but Lad the support Of the Non-par.
tlsan League i'm his state in l92O, said:
since Governor Harding or the Ted
era Reserve Board and Mr. BENJAMIN
Strong, governor OF the First Federal
Reserve Bank Of the United States. nd
Mltted before the joint committee Of
Congress OF agriculture emergency that
the banks OF the Federal Reserve sls-
tom were corporations organized Tor
private gaul and not government insti-
tutions, it leaves their excess profit
vide open TO attacks by Congress.
he American Banking A sociation.
which represents the banking power of
the, United States. appears 20 be using
its dominating influence over the
United States Chamber OF Commerce
and the Industrial trusts Of the coun-
try. lining them up to defeat the sol
dlcrS bonus Or to put IL upon the tax
payers who can least afford TO nav ii
There certainly should be some wsv
devised to keep the banks from getting
away with the billions they have Dlun-
dered from the people during the
" orld War. and more thnn ever since
We realize the terrible poverty and sui
fering Of the people as a result Of th;e
pluHdering. As the money magnates
with their affiliated banks have made
practically all the profits ont al the
war, they should be made to nav tho
bonus to the soldiers who won the war.
an ~ per cent excess profit tax applied
10 the lnereased assets. capital stock
poratlons would more than take care of
The bonus for the soldiers"