The Washington times., 1924-03-05
To Be
SHORT IN
BONUS
Legion Endorses Plan for $50
Limit, With Insurance
Principal Feature.
BY A. O. HAYWARD,
International News Service.

BY A. o. HAYWARD,
International News Service.
Small cash payments and paid.
up insurance policies will form the
basis Of the new soldiers bonus
bill soon to b. passed by the
House, according to all indica-
tons today.
$50 Cash Limit.
With the approval of the Ameri
can Legion, the House Ways and
Means Committee plans to draft q
bonus bill providing for cash pay
ments only to those veterans who
are entitled to no more than $50
on the basis of 81 per day for home
service and $1.25 a day for service
overseas. 1t is estimated that this
will cost the Treasury only $50.
00O, 1000.
The great majority Of the veter
ans, however, will get insurance
policies, the amounts to be based
on their length of service. The
policies will have a cash loan value.
Approved by Legion.
Representatives of the American
Legion, who have been in con
ference with the trainers of the new
bonus bill, have agreed to drop the
land gift, farm loan aid and voca.
finno1 ofA fnof1Irnd 0f Tho hnn11e
legislation vetoed by President
Harding in 1922 and to concentrate
their efforts on the new two-foId
plan.
Congressman Garner of Texas
leading Democratic member Of the
Ways and Means Committee. indi
Gated today that the Democrats were
ready to swing to the two.way bonus
plan, and the new plan is also ap
proved by Congressman Fish Rep.
of New York, leader of tho wet
Grams bloc" in the House.
Garner explained the attitude Of
the minority when he announced
his willingness to support a bonus
bill, which he has opposed for two
years.
To Relieve Uncertainty.
This is a matter that must bC
settled" Garner said. 1.-THE quicker
it is disposed Of the better it will be
for the country. If we can settle II
for $1,260, 100000 it is better to dc
so right now and relieve the grea,
uncertainty that lies behind the
threat Of a great bonus payment.
1.-THE business Of the country will
be facing uncertainty until thu
bonus issue Is disposed Of by Con
gress and / am prepared to Vott
for bonus bill although havt
voted against bonus legislation three
times. If put in the form of insur
ance the Government can take car,
Of the obligation from current rev
enues. If cash must be pale. tn,
Government can issue bonds run
ming two or three years and tn,
country will absorb the issues, pay
the bonus and dispose of the prob
lem"
May Delay Report.
Chairman Green of the Ways an(
Means Committee said today tina
1t might not be possible for tn,
committee to bring out the bonus
bill by Saturday because Of the divi
SION over the two plans involved
in the general bill. If the two-waN
plan should come from the com
mittee, as now seems probable, 1
would be non-partisan.
Charges were inserted today II
the committees record to the effect
that President Coolidge had re
versed his position on the bonus.
They were in the form Of a letter
to the President from the Massa
chusetts Department of the Vet
Grams Of Foreign Wars. 1t wa:
pointed out in the letter that the
President had approved the Stat,
bonus bill in Massachusetts whilt
he was governor, but had nov
turned around and declared his op
position to further compensation 70,
%A xAt&kN3A .L.-lA.~-.-..--...---...S-.-s