The New York herald., 1922-09-01
Continued from First Page.

Is expected until the fight for ol
against the bonus has been settled one
way or the other.
The Treasury position on the Sim,
mons amendment which authorizes ths
use of. payments on the foreign deb
is that it is a "delusion and snare
designed by Congress to delude ex
service men that they can ''get bloot
out of turnip." With a deficit O
$500 100000 facing the Government
there will not be any money avail
able for a long time to come to pa!
any part of the bonus grants.
The Treasury is already at worl
, preparing a statement of the Govern
ment's finances brought up to date
for the guidance of the President II
dealing with the McCumber bonus bill
Result PIeases Gallery.
The result of the long Legislative
battle over the bonus was pleasing tt
at least the occupants of the gallerie:
from which the political experts In the
American Legion have viewed the
carnage Of the financial and business
interests Of the country. There was a
ripple of applause from these enthusi-
asts when Mr.. Cummins of Iowa, who
was in the chair, announced the glori-
GUS victory which will probably turn
out to be Of Pyrrhic nature.
There was little or no interest In
the concluding debate and none of the
contributions in the line of oratory
lifted 1t above the ordinary calm. Sew
eral Senator's, who had intended to
express their disapproval of the Nc
Cumber measure, decided at the last
minute to permit their colleagues,
anxious to annex the soldier vote. to
proceed to a vote without further de-
lay.
Information brought from Admins
tration circles by Senators supporting
the McCumber proposition was COM
forting enough to the opposing forces
to- make up for any sacrifice that
might be involved in curtailing the
battle against it. This information,
which was accepted as conclusive, was
that the President last night had pos
itively declared to several Senators
lection of the sales tax suggestion
made by him and the loading of the
bill with the McNary reclamation
amendment left him no other recourse
than to protect the country from the
stupendous raid projected against the
taxpayers of the country.
Another development that reconciled
the opposition to immediate action on
the McCumber bill was that the lead
ing supporters of it informed the Pres
ident last night that his veto of the
McCumber bill would be upheld by the
Senate. The President was given a
list of names of several Senators who
voted for the measure to-day, but
who would sustain his veto.
The position Of these Senator's
whose names are withheld to protect
them from annoyance from the Amer
lean Legion, is that by voting for the
bonus bill to-day they have liquidated
their individual promises to the SOL
der element among their constituents
All agreements based on the pair ar
rangement were negotiated with the
understanding that they covered only
the vote on direct passage and would
not prevail when the Presidents veto
comes up for consideration.
The fact is. probably not half a
dozen of the forty-seven Senators who
voted for the McCumber bill to-day
entertain the slightest doubt as to the
Presidents action. The atmosphere
that prevailed in the Senate during
the final stages of the debate an6
after the vote was that which usually
prevails over defeat rather than vic.
tory.
There was no question that the dis
position of the bonus was hailed with
satisfaction by Senators on both sides
of the argument. Those Senators who
voted for the measure in the hope that
they may win the political support OF
the 'mercenary soldier element of the
country were completely satisfied with
the results. They had succeeded in
getting themselves on record as favor
ing the bonus raid. That was the i'm
portant thing about the whole trans
action. 1t was argued by these Sen
ators that now they have proved their
friendship. soldiers who desired to
show their gratitude would have no
occasion to withhold their political
support.
One Amazing Feature.
One OF the most amazing features OF
the entire bonus transaction was the
Importance which experienced and
usually conservative Senators like
Lodge of Massachusetts,, Brandegee
Lenroot, Johnson and Mclean of Con-
necticut, on the Republican side, and
Simmons, Pomerene, Harrison and
Reed. Robinson. on the Democratic
appeared to attach to the political
power of the American Legion pro-
rnofere of tho hOp1Iq raid