Every evening, Wilmington daily commercial., 1922-02-01
DEBT nEFUND|NG
BILL PASSES SENATE,
BONUS RIDER FAILS
Aeasure to Transfer Allies Oh
lIgattons to v. 8. Into Sc
ouritlee Adopted 30 to rs.
LEFT TO A COMMISSION

Warrington roh. Tho sente
lsss night passed by = vote ~ - TO
~. tho hill, authorizing tho refundins
cf oit. ooo. 900 900 IL foreign debt into
securities maturing In not moro than
twenty-five years.
All of those who voted for the hin
were Republicans. whllo the opposition
was mad. ur of twcnty-three Demo-
Gratis and three Republicans Senators
korah. Ia Toilette and Norris Senator
John sharp Williams was paired in
favor ~ the bin and senator Hiram
johnson was paired against Il.
The measure was passed In virtually
tho identical form In which IL was re-
ported from the Commltte~-cn rinan
the only amendments adopted being OF
minor character and in no way chang
inA the bin Ia any present particular
Twice during thu final hours of the
Ions day an effort was made to tack
b the bonus hill ON the measure. The
nf~t var when Senator Simmons oi
North ,wrolina offered the original
bonus hill with the provision that the
soldiers he paid with the interest col
lscted ON tho foreign debt, and II
that was insufficient, the senate was
authorised 90 issue bonds OF indeb,-
s~ln~s- ~ any balance that might be
needed.
Wcnus Amendment Tabled.
Senator Watson OF Indiana moved
to Law IN. amendment on the table
and the motion was carried by A vote
cf A. to -.
senator Jonc. ~ New Mexico, whcr
Tho simmons amendment was tabled
immediately offered the bonus with =
ue~ provisio. To authorize the pay
ment from money in the Treasury
Department, This amendment came "a
q vot, and wa. defeated. a. 20 q. Tive
Republicans Ia Toilette and Norris
voted for tho amendment. while two
pemocrrts--Mcy.rs and king voted
with the Republicans.
Tho bonus amendments were not de
foat.d because the Republican,. are on.
posed 60 tho passage of bonus leg
iAla,ion, They are in favor Of such
iesia,s,son, and the party leaders IN
che Hous. are now draftins the bit
Which 10 expected 10 reach the Senat,
an about three or four weeks.
According 20 the opponents ~ the
ocnus. today marked probably the last
v~~srve the measure will suffer In
either house. 7, 10 certain 10 pass the
Rouse ny a large majority. and II IL
ne, expected that more than twelve
~o,ss Will he east against II In the
osnasS
Fam Nee 10 oDlie
A. 81 McnsAs. II waS noted thai
Ne fs~m h,oc was badly split. sena-
tor csppsr. nov mentioned ~ . poe
shs succ~asor 10 Senator kenyon
.. leader OF the hsoc. voted 'rssular''
on al AmsnAnsnss Senator KsnoGU.
~sA 80 recently begun to take on
scnaiAeruAls pvmLnsnos - . SUD
oa~ses Of saoc mAsursa, also voted
ste6uia" On all btllA
senator Kenyon. who voted 'rag~-
NJ" on all ballots Monday and who
v~s yesterday nominated for the Fad
arsl bench by president Harding. who
Nc, VA the chamber.
purins the consideration 81 the var.
lcus srsndnerts Senator Rorsh agar
asserted that the underlying propc
s,ion 81 tho whole scheme IL the ulti.
mate cancellation ~ the foreign debt. :
"rArss the Senator believe" asket
Uenator Watson OF Indiana. that tn,
p >s,dsn,, OF any member Of his Cabi
net, ~ IN. Finance Committee OF IN,
kanstc, are connivlns 20 bring ahou
q cancellation ~ the foreign dsht2'
Il DO not know whether the rrcn
dent or his .Cshino, are contcnpla
tins csnceilatiun." senator porah re
piled. hut A. know that the under
l,rnr proposition of tho whole schsm,
A.. ~.
rureign debt know that member
~ ~. senate. men ~ unauestionsbi
integrity md sincerity, favor such can
cViis'ion. ] know there IN a genera
feeling hsinK encouraged outside thu
Chamber IN favor " the debt beinl
cancelled. II has been suggested Il
certain quarters that In time Ameri
on public opinion can be 20 educate,
~ 90 p-rmit cancellation"
Non rsrtissnship Defined.
win this commission be non-par
tiNn IN character" Senator Shield
asked Senator Watson.
Yes replied Senator Watson. a
ncnspsrsissn a. n Republican commit.
slcn can he."
Tho hill A. passed provides for
commission of nv. members, OF whlcl
the H~cr~'ery Of tho Treasury shal
b~ tho chairman. The o,herfour vii
~ NAMED Nv tho President with IN
advice and consent OF the senate. Tn
commission 10 authorized, subject I,
the approval OF the President TO re-
f0rd. OF convert and 10 extend IN
tinAs " payment Of m. PRINCIPAL a
The i0tofess or bntI az any .i.lt....s...