Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959, 1924-04-23
To
STARTF|CHTON
INTRODUCTION
Declaration of Democratic
Stand on Measure Is Made
in the Minority Report
VETERANS BILL is UP
Appropriation Measures May
Come Up for Action Before
the Bonus Bill
VETERANS BILL IS UP

WASHINGTON, April 23.-Dec-
laration of the Democratic stand on
the revenue bill, set forth in minor
ity report of the finance committee
filed yesterday in the senate by SEN
ator Jonus, Democrat, New Mexico,
completed the preliminaries for the
tax reduction fight expected to start
next week.
The Democrats, in addition to
waging contest against the Mellon
income tax rates reinserted in the
bill by the committee in the place
Of the Longworth compromise
schedule adopted by the House. will
seek modification also of the cor
poration and estate taxes and public
hearings for tax disputes.
Although senate leaders expected
to wind up consideration of the
bonus bill today it was planned to
put one or two appropriation mea-
sures ahead of the tax bill.
When the bonus bill was brought
up by Senator Curtis, Republican,
Kansas, last week it was said Chair
man Warren of the appropriations
committee, that if the measure was
81
he would consent to set it aside in
favor of some appropriation bills,
Senator Reed, Republican, Pennsyl-
vania, also was promised that the
Veterans Bureau recOdification bill,
affecting the rules for treatment of
disabled veterans, would be given
an early place on the senate calen-
dar.
Opening the debate today Senator
Underwood, Democrat, Alabama, re
newed the attack against the bonus.
He advocated a pension law but de-
clared 1t impossible to compensate
the former soldiers for their SER
vice.
"A price must be paid for every
thing worth having" Senator Under
wood said. "That is true of govern
ment-the most essential factor in
civilization. You pay in loyalty, in
service, as well as in taxes. The
bond every citizen is born under is
carried in that section of the consti-
tuition providing that congress has
the power to raise and maintain
armies. The duty cannot be mea-
sured in money.
II want 1t distinctly understood
that shall vote against any bonus
measure presented here. 1t would be
a reflection on the service given by
my son."
yet the senator would reflect on
it by letting war profiteers keep
their profits" declared Senator
Brookhart, Republican, Iowa.
THAT is not the issue here" re-
turned the Alabama senator. "They
already are hidden behind tax ex-
empt securities"
When Senator Brookhart insisted
that those securities were only a
small part of the national security
issue, Senator Underwood expressed
regret that he could not keep up
with that senator's imagination"
Although opposed to any bonus"
he continued, II feel that if one is
to be paid, it should be an honest
bonus, paid in cash.
This bill says to the soldiers, you
are to sign a receipt, adjust your
account with the government and
pass on" the Alabama senator con-
tinued. "It is claimed the soldiers
approve this bill. / don't believe it.
Why, they won't get anything for
twenty years. A loan at high interest
can be made after two years but only
of $S7 if the policy is worth $1,000"
Characterizing the insurance mea-
sure as a sham and fraud" Senator
Underwood said he would vote to
amend it to substitute a cash option
but added he would continue to
oppose a bonus measure,
A proposal that holders of tax ex-
empt securities pay the cost of the
soldier bonus by voluntarily fore-
going their income from this source
for four years was made by Senator
Smith, Democrat, South Carolina.
1--WE have been hearing of the
pure patriotism of these bondhold-
ers," he said. "here's q chance for
them to show it,"
Senator Copeland said it was time
for repentance" by the government
and referring to the recent senate
declared 1--WE can best
start cleaning house by paying our
obligations TO the soldiers"
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