Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1931-01-02
Garner Backs Piau On Soldier
> Bouus.

Washington Bureau Of The Balto SUM-
The already insistent movement for the
redemption Of the adjusted service certifi-
Gates in cash gained a new and influential
recruit Friday when Representative John
NJ Garner. minority floor leader in the
House. declared in favor Of legislation
giving veterans the privilege Of cashine
these public obligations II they so desire.
Mr.. Garner based his Endorsement Oh
two arguments;
First. that redemption Of the certificates
would help to mitigate the effects Of the
depression. and second. that the situation
in the money market makes il specially
advantageous for the Government to pay
OF the certificates at the present time.
His statement was regarded as sienifi-
cant. not only because Of its bearing on
the situation In this Congress. but also
because Of the possibility that the Demo-
Gratis may organize the next House and
the certainty that in the new Congress
Mr.. Garner will be ct the head Of formi-
dable following.
While there has been no indication that
the Republican leadership OF the House
intends to let the bonus-redemption project
come up Tor consideration or that its sup
porters win be able to obtain a sufficient
number Of hackers to bring Il to the floor
In defiance Of the wishee Of the leaders,
the opinion prevails In some well-informed
quarters that the issue may come to a
head In the Senate.
Il 10 suggested that the Senate supporters
Of this measure may force 1t to the front
by attaching II as an amendment to one
Of the appropriation bills and that such a
procedure would force vote on the issue
In both chambers.
A number Of various bills for redemption
Of the bonus certificates In whole or part
have been introduced In both House and
Senate at this session Of Congress-. The
principal drive back Of the plea comes
from the belief that It's adoption would
help 20 relieve the economic distress from
which the country 10 suffering.
Many Of those who sponsored the Ran.
kin bill for World War veterans compen.
sation, which President Hoover vetoed last
spring. are behind the bonus redemption
plan. The project draws supporters from
both parties. A petition now is pending
In the House 10 discharge the Ways and
Means Committee from further considera.
ton Of the Patman bill on this subject
thus allowing the bill 70 come TO the floor
Mr. Gamers proposal was for payment
of the bonus certificates at 81 a day foI
service at home. $l.25 for service overseas
and accrued interest at four per cent. up
60 the present time. The Democratic leader
pointed out that the Treasury ls borrowing
money at ga to 7-S per cent and ques-
toned whether such low rates Of interest
would ever obtain again.
Payment OF the compensation allowed
90 World War veterans BY Congress In 1925.
with interest to date. would prove an i'm
portant factor In restoring the economic
balance and mitigating the effects Of the
widespread depression this country is ex-
periencine." said Mr.. Garner. In my opin-
Ion the general demand for payment Of this
debt makes ie imperative that Congress
proceed 20 consider this proposed lseIsla-
tion without delay.
CONGRESS should pass bill granting the
World War veteran the option Of turning
IN his certificates ct any time snd receiving
the original settlement value plus per
cent interest TO date OF payment. The bill
sh ald also provide that vetersns who have
been forced 70 secure loans upon their GER