Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-03-17
MAJORITY FILE:
REPORT ON THE
SOLDIER BONUS
BILL IN HOUSE
compromise Measure viii
! Cost the Government a
Total of 098,719,350,
Committee Estimates.
REPUBLICANS MAY
HOLD CONFERENCE
Lineberger CircuIateS a Pc
tition Calling for a Farley
Next Tuesday to Discuss
LEGISLATION,
fBy The AssoeInted Press. J

tBy The Associated Press)
Washington, March 16,-There
were just two developments today
In the soldiers bonus muddle. One
was the filing by Chairman Ford
ney of the ways and means COM
mittee of tho majority report on
the compromise bill, which
was estimated to cost the govern
ment a total of $4O9S,719,350, The
other was the circulation of pc
tition by Representative Lineber-
ger of California, a former service
man. for conference of house re-
publicans for next Tuesday even
ing to discuss the bonus leg.sla-
tion.
Sixty Sign Petition.
Mr.. Lineberger announced onight
that there were sixty signatures to
the petition, or ten more than the
number required under the rules
for a conference call. He said,
however. that he hoped it would
not be necessary to present the pc
tition to Representative Towner
chairman of the republican house
organization. Its presentation. he
added, would depend upon the out
come of the conference between
house leaders and Speaker Gillett
regarding procedure for the calling
up of the bill on the floor.
If there is a dec sion at that con-
ference to consider the bill under
suspension Of the rules, Mr.. Line
berger said tho petition would be
|
lation as to whether a formal con-
ference call would operate TO delay
consideration of the legislation.
Chairman Fordney declared it was
still his determination to bring the
bill up Monday under a suspension
of the rules, If that could he dcnp,
and If not to call it UP Tuesday
under a special rule, If such rule
could be obtained.
GilIett Due Home Today.
Speaker Gillett is due to arrive
tomorrow from Florida and at that
time the question of whethel the
lbill will be taken up Monday will
be settled Mr.. Fordney said the
conference with the speaker would
be in "perfect harmony" and that
If Mr.. Gillett held against a sus-
pension of the rules he would pro-
ceed with plans to bring the meas
ure up under a special rule.
The chairman went on to say
that it was not his desire to limit
debate; that IL the measure was
taken up under a suspension of the
rules he would ask unanimous con-
sent for two days of discussion,
which would throw the final vote
over until late Tuesday. Should
his request be denied, debate would
be limited to forty minutes under
the house rules.
Two Oppose Report.
The majority report on the bill
was approved by all of the repub
licans of the ways and means COM
mittee except two-Representative
Treadway Of Massachusetts and
Tilson of Connecticut, who toted
against the measure in committee
and who were not present at the
session of the majority Coday WREN
the report was finally revised.
Estimated Cost.
The estimate in the report that
the total cost of the bones would
be $4,O9S,719,35O was based upon
the assumption that seventy per
cent of the 4,45S,199 veterans who
will he eligible for compensation
would accept adjusted service GER
tificates and two and a half per
cent vocational training aid, ten
per cent farm and home aid and
seven and one-half per cent land
settlement aid. The ten per cent
would be paid in cash after pas
sage of the bill under a provision
requiring veterans whose adjusted
compensation would not exceed $50
to accept cash.
Total costs under the various
options of the bill were estimated
as follows: Cash payments, SIG
100000; certificates, on account of
deaths, $577571,000; and on ac-
count of maturity, $3,154,S21,350
vocational training $52, 900;
farm and home aid, 1S6,000,00C
land settlement $112,000,000.
Greatest Cost I'm Year.
The greatest cost in any single
year was estimated at $3,154,S ,S23,-
the certificates then outstanding
would mature. The costs under all
other options except the certifi-
cate would cease, the report said,
in 1927.
The last payments under voca-
tional training would be in 1925;
under farm and home aid in 1926
and under land settlement in 1927.
After that time the only cost each
year until the year of maturity of
the certificates would be payments
on account of death of holders Of
certificates.
The cost in the fiscal year 1929.
the first after the bill came into
operation, would be $74,279,000
the report said, and the costs for
each succeeding year up to. but
exclusive OF 1949, would be: 1924
$124,440,000; 1925, $121,370.000:
1925, S136,S25,000; 1927. $42.936,-
600; 1928, s27,O46, 900; 1929, s27,-
$4,000: 1880. $27,415, 900: 1881.
S27674,oOO. 1882; s27,932,O0O.
1898, $2S,265,000; 1884, S28.600,-
900; 1885. $29,004,o00; 1886, 500.
44S,000; 1897. $30.003,000; 1888,
$50 $4,000; 1899, $31,S33.000,
1910. $32,144.000; 194t, $33,105,-
600 and 1912. $34,251.0 0.
No New Revenue.
The report said no provision
had been made for raising revenue
TO meet the first years cost, be-
cause a majority of the committee
was satisfied that mo new taxation
nor special provisions are needed
until after the expiration of that
fiscal year"
1t added that any estimate OF
government expen ditures for
1924 and the amount of revenue
needed on account Of the bonus
Continued on Page Two.)