The Filer record. (Filer, Idaho) 1919-1930, 1924-01-03
Why adjusted Compensation
Should BE Enacted Noe!
Legion Presents Arguments Favoring Early
Enactment of Bonus Measure.

4 - ""vir passing II once by
a vote OF AZ 10 %.
z. The Chamber OF Commerce o,
the United states. a national organi-
ration which has been consistent and
active opponent Of compensation. mol.
led local chambers OF commerce
throughout the country on the four
options OF the bill. The result was
SIG votes for and 1857 against adj
justed compensation.
s. The American Federation Of
Labor and many other organizations
OF large membership have endorsed
the bill
3. In addition 10 the AmeTicanI.ee-
ion. every recognized national organ
ization OF war veterans. from the
Civil War down. has endorsed the
bill and urged its enactment.
The country can afford TO pay this
debt; the funds are available.
1. Is 1921 and again in 1929.
through the majority Of the Ameri-
can people and a majority OF their
representatives IN Congress favored
the adjusted compensation bill. the
measaas failes % enactment bacan.~
OF the plea OF the Secretary OF tn
Treasury that the finances OF the
country were not equal 20 the obli-
cation. II this were the state OF af-
fairs in 1921 and 1929 Il cannot BE-
the state OF affairs today. The
Treasury reported a surplus OF ssOo..
100000 for the fiscial year ending
June 80. 1925 In his last communi. j
cation TO Congress on the subject the (
Secretary declared that the SURPLUS
FOR 1924 would be SO great as 10
permit OF reduction OF income taxes
IN the amount Of s32s 600. 900.
The officially estimated cost OF
adjusted compensatios Is approxima-
ely $4,000. goo a year for the first
hree years. Therefore, the Treasury
surplus OF free funds for 1924 will be
inough TO pay that years installmentl
m the nations debt 10 the veterans
our times over Compensation can
'e paid and taxes reduced s243.00O.-
100 In 1924.
The bin now before Congress ar
anecd for the pay.lcnt OF this debt
n ways which would benefit NOT only
he individuals compensated but the
ountry a. a whole.
/. The veteran who Is entitled. by
eason OF his length OF service. TO
lore than $50 must take his com
ensation In one OF these three ways.
taf A twenty ear---endow ment
aid-up life Insurance policy. or
ihl A contribution toward build. J
IL or paying for q home or farm or
lr improvements on farm. or
tel A contribution toward a voca-
onal or Industrial education. or
II he is entitled 20 $50 or less he
ust accept his compensation 10 cash
?. The options (ai. tbl and TED.
hich would apply 10 the prepOnder- n
Il majority OF veterans. represents {
vestments which would make for :.
tier. stabler and more prosperous s.
iizenship among the s0G0. 600 Who q
Duld benefit By them. They offer a
chance b. which these values o.
lich represent money thar q owing q
e soldier and which the country de-
rs shall BE- paid 10 him may b. p
'sipated b unwise or uueconomic a
. or inyestmest Life Insurance d
mes. farms. edueafiou--the money y
~ 20 into these things 80 sound
investments could b. suggested q
II the transaction comparative
iltiis setpal moaef viii canre
n6s. Credits wili simply move n
~ the Tfeasury iHfo 900 900 To- h
'idual Investments IN discharge 81 a
actual an Acknowledged debt p
ich the nation owes 10 1000. ao8 y
n who bore arns IN the World War q
Z a. a eoussqeense suffered 81 NJ
monte disability which eau BE- and n
'uid b. made good IN part without .o
Their delay 20
VI n
riie tuifcsi Stale = NOT IL tho "a
~ II rspndiafing IT. war ohlisa- 81
~. ~ A. an established American pr'
fufu 10 adjust fftf. f.urf,4....s.tffr.. - trf