The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-04-27
il. BY DAVID LAWRENCE.
Especial Dispatch to The Reformer
Copyright 1922

| by ia III LA w INI44N1Il.
| Especial Dispatch to The RefOrmer.)
Copyright 1922
| WASHINGTON, April 27.-Negotia-
lions between the American Legion and
the senate finance committee are proceed
ing satisfactorily but the reports of an
abandonment of the house bonus bill are
untrue. The suggestion of Senator
Smoot that paid-up insurance policy be
given as a substitute for adjusted COM
pensation certificates has been declined
by the Legion. 1t was Mr.. Shoots own
proposal and not that of the finance COM
mittee.
I'VE have neither abandoned the house
bill nor agreed upon any substitute, said
Senator McCumber. chairman of the sen
ate finance committee to this correspond
ent yesterday.
Inquiry at American Legion headquar
tiers disclosed the fact that with the ex-
ception of few minor details there is
virtually no change in the position of the
organization which is insisting that the
house bill be adopted.
The New Proposals.
The fundamentals in the new proposal
made by the senate finance committee in
its informal talks with the American
~ The house bill provided that pay
mentS in cash be made in October. 1922,
and the senate wants to make it three
months later-January, 1923. To this
there is no objection on tile part of the
Legien.
~ There has been suggested limit
heretofore on the time the soldier could
make his application for any of the five
ways of receiving a bonus, and the SEN
ate committee proposes the elimination of
the time limit which of course satisfies
the Legion.
(3) The house bill provided that if
the number of days a man served entities
upon overseas duty to a total of $50. he
shall receive cash. The senate suggested
that the total cash be raised to 500. To
this raise the Legion does not agree be-
cause the outlay under the house bill
would be about $16,O00.OOO. while it
might cost S100000.000 under the senate
plan. The Legion is anxious that the
immediate cash outlay shall not prove an
embarrassment to the government and be
lieves the house bill is the better.
F. "a The senate committee proposes
also that even il the total due an ex-ser-
vice man amounts to 500 or less he shall
be privileged to choose the adjusted GER
tifclte plan. This. of course. does not
displeaSe the American Legion.
t3l Aid in the purchase of a home
or farm as covered in the house bill
would enable man with $500 due him
to get that sum advanced toward Il mort
gage. The senate committee suggests
that $500 be the limit and that the pay
ments he made in installments of 5000 a
year beginning January. 1923. The
American Legion feels the total amount
should be advanced at once SO that it can
| be more useful. as many homes can be
( bought by the payment of $500 down.
90 The senate committee has pro-
posed that as an incentive toward the
taking of the certificate plan. % per cent
to be added to the total amount on the
face of the certificate, this being the
equivalent of AZ interest compounded in
20 years. But the American Legion
counters with the suggestion that it be
made 10 per cent, arguing that this was
| the original percentage in the bill which
was twice reported favorably by the sen
ate finance committee and which passed
the house Il year ago
ca Under the house bill the loans