Grand Forks herald., 1922-05-31
Smoot Plan Defeated.

The Smoot plan providing for paid
up life insurance in lieu of all other
forms OF compensation was defeated
by a vote of to S. h.
Senator McLtan broke the tic
which has existed among the Republi-
can members on the vote to report the
McCumbera plan. which. lis the house
bill with some amendments including
elimination of the land settlement or
reclamation project. Senators said
reclamation was not discussed, al
though house leaders and some SEN
ate supporters Of reclamation legls-
lation have urged that the Smith Nc
Nary reclamation bill or some similar
legislation be attached to the bonus
measure. ~
= Several Of the majority members of
the committee gave notice to Chair
man McCumber that they would op-
pose laying aside the tariff bill for
senate consideration Of, the bonus at
any time 1n the near future. Chaiy.
man McCumber. replied that he in.
tended to get as prompt consideration
OF the bonus bill as could be worked
out, but did not state whether the
tariff measure would be laid aside. It
was reported that the Republican
leaders hoped to work out some plan
by which the bonus measure could be
expedited without delaying seriously
the tariff bill.
Senator Simmons, ranking Demo
| cratic member, announced on behalf
Of the three Democrats present. that
they voted to report out iie McCum-
Der bill, only - get action promptly
; and .!ot because they favored the
tneas IRE. The Democratic ieauer tx-
I.l o, I'd the belief that the McCum.
ber I'LL would be OF a little benefit ta
the former service men and s;4lu the
minority reserved the right to offer q
substitute bill In the senate or amend.
men to the McCumber plan.
/ Eliminate Provision.
The committee before approving
the McCumber plan eliminated the
forfeiture provision as contained In
the house measure, under which vet.
Grams falling to pay loans to banks OF
feited their adjusted service certiH.
Gates.
Under another amendment approx
cd by the committee, veterans coult
l.anu application for adjusted service
Compensation at any time after the
! passage. of the law. The house meas
ure would have limited the time t.
July l, 1898.
Terms of Measure. IT,
! The senate bill as reported woult
provide for the payment Of cash tt
veterans whose "djusted service credi
would not exceed $50 as proposed, ii
the house measure and would give t,
other veterans one of these four op
ton:
Options.
Adjusted service certificates having
a face value of '3.015 times tn,
amount of the adjusted service credi
computed at the. rate of 81 a day TO-
domestic service. and 1925 for for
etEn service with provisions for, loan
by banks prior TO- January 1, 1896
and by tho government, thereafter
These certificates would mature ii
twenty years from the date Of issu
or sooner upon the death of the vet
eran. % j 49,
4 Farm Home Aid.
Farm or home aid in an amour
I equal to the following percentages O
q veterans adjusted service credit
100 per cent If payment were mad
during 1898; lO5 per cent II paymen
were made in 1924; ITO per cent II
1 1895; 120 per cent. in 1925; $50 pc
cent in 1897 and 14o per cent ia 1872
or thereafter. Under the house bill
the amount paid under option woul
+have been the total Of the adjuste
service credit increased. by IS pc
cent. IL.
4 - Training.
i Vocational training aid at the rat
Of $1.75 a day, butFthe total not I
exceed 40 per cent Of the amount q
the adjusted service credit Of th
veteran.
u Land settlement; Upon the. open
II Ing of public. or Indian lands to entr
Il veterans would be given preferenC