New Britain herald., 1924-05-20

 Neely, Overman, Pittman, Raiston Robinson, Sheppard. Simmons, Smith Trammell, Walsh, (Mont.) Wheeler.
 Farmer-Labor-2
 Johnson (AIinn), shipstead.
 To Sustain The yeto-28 Republicans--17
 Ball, Borah, Colt, Edge, Ernst, Fer nald, Greene, Reyes, Mckinley, Moses, Pepper. Phipps, Reed (Pa). Shoot, Sterling, Wadsworth. Weller. Democrats-9 Paired--3
 To Override The Vcto--a
 emocrats-Harrison Stephens.
 To Sustain The veto--1
 Democrat, Ransdell.
 Absent and unpairod--7
 Republicans-Watson, Mccormick, LaFollettc, Couzens.
 Democrats-Walsh, tMa.,), Reed, (Mo.), owen.
 3,O3s,2s3 Eligible
 ft is estimated that 5,OSs,.ss vet crans will be entitled to the insur- ahce policies provided by the soldier bonus bill enacted into law yesterday, while 3S9,sS3 will be paid cash of $50 or less. The bill also provides for payment to dependents of deceased veterans of the amount Of adjusted compensation 10 which they would have been entitled.
 Adjusted service ccmpcnsation is figured on the basis of sI a day for home service and SIPS day for overseas service. The first 60 days cannot be counted. Also a maximum of bo0 days would be allowed
 All veterans up to and including the rank of captain in the army and marine corps and lieutenant in the navy are eligible for the bonus.
 u is estimated that the average in- surance policy would be valued a, s962. while the maximum value of tho policies would be about si,90o for overseas service and si,s00 for home service.
 The value of the policy would be the equivalent of the amount which the adjusted service credit, plus 25 per cent, would purchase at regular insurance prices based on per cent interest compounded annually. To determine the latter computation a table of factors has been compiled by experts. Multiplication of the proner factor hy the amount Of adiusted sfrfice compensation due the veteran. plus 25 per cent. would give the face value Of the insurance certificate. Each certificate, of course would vary according 10 the length of service Of the veterans and his age at the date or Issuance Of the policy. The poll cies would he dated next January i.
 Application for the bonus may he made any time before Jan. 1, 1928. put the cash payments will not be dis trlbuted until after next March 1,
 Loans May Be Made
 Loans may be made on the policies up 10 % per cent of their current race value any time after two years from the date Of issuance. Thus. on a Sl,00o policy, at the end of two years sS7,9S could be made. On this same policy at the end of fg years q loan Of sS31.23 would be possible. The loans may be made at any nat ttonal or state bank.
 Service between April 5. 1917. and July l11919. may be counted in com putting the adjusted service credit. st- though enlistment must have been made before Nov II. 1918.
 Women who served as ycomep ir the navy and marine corps also were ceire it's benefits.
 The bill stipulstes that no one shall be entitled 10 it's benefits for service as a civilian officer or for member ship in the Reserve Officers Training corps. or the Students Army Train ing corps.
 Herewith is resume or the law as IL affects veterans of various ages.
 Exclusive of the first 50 dsvs of service each enlisted man and woman ana officer up to and including cap- tain in the army and marine corps and lieutenant senior grade in the navy is entitled 10 a credit Of sI for each day at home service and SIPS for each day of overseas service. IfI all the service nas ct home $500 ts me maximum allowed and if part va, overseas 1925 is the maximum,
 Those not entitled 10 more than s50 would be paid in cash and to. others n zO year endowment insurance policy would be issued.
 The value Of the policy would be equivalent to the amount of the adjusted service credit, plus. 2s per cent, multiplied by the proper factor n the table of factors given below. As the policies will be dated next January 1. the veteran should take his age al his birthday nearest Janu- ary 1. 1925. to get the proper factor to determine the amount he is entitled to.
 Table of Factors The table Of factors follows: Age Factor 26 -...-.-..-....... z.5I5 z1 ......................... 2.5a4 2 ..................... 2.s4z g ...................... a.s4o z4 .......................... 1858