The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-17
HAND HOOVER
HARD BEATING
IN BONUS VOTE
House Gives Overwhelming
Endorsement to Bill,
1853 to SO.
FAST ACTION IN SENATE
Watson Admits There Is No
Chance to Defeat 1t;
No Pocket Veto.
United Press

WASHINGTON, Feb. II. - The
veterans loan bill went to the sem
ate today, carrying one of the
most overwhelming Endorsements
ever given by the house of repre-
5entatiyes to any legislation.
Only thirty-nine Republicans
stood by President Hoover late Mon
day in one of the most startling
reYersals given administration
house forces in years.
The house vote was 1863 to 80, all
negative votes being republican.
James A. Watson, senate major
ity leader, said today he thought
there should be hearings on the
bill, but in the same breath he adj
mitted there is no chance to defeat
it,
Senate soldier bonus advocates
today abandoned efforts to obtain
immediate consideration of the bill
Just passed by the house.
Senator Reed CRep., Pa said on
the floor that he intended proposing
amendments and it became evident
that there would be considerable
support. for an amendment to reduce
the interest rate below the Az per
cent fixed by the house.
Bill 10 Be Rushed
Chairman Smoot of the finance
committee said at the outset of the
riirnt1reiAta I,0
nittee would report The bill
Wednesday. This was in accordance
with the desire of many members
of the committee to put the bill
through as quickly as possible with
out prolonged hearings.
Acrimonious exchanges marked
the debate, and Senator Black
Dem, Ala charged that opponents
were attempting to rush through
appropriation bills first in order to
delay the bonus.
Senator Smith dem. S. c. said
sentiment for the bill was as great
in the senate as in the house, and
that "the senate will not tolerate
delay
Loan Limit Increased
The measure as passed by tile
house increases the loan limit on
adjusted service certificates to so
per cent of the full matured value,
and fixes a fiat AZ per cent interest
rate on certificate loans
Advocates of the bill in the SEN
ate have served notice they will not
permit hearings.
They are willing to permit Treas
ury Secretary Mellon to appear
Wednesday to present his views, as
suggested by Watson but will con-
sent to no undue delay. Their in
tention is to report the bill out of
committee ON that day with the
probability of senate action before
the end of the week.
Those who feared delay and a
pocket veto by President Hoover
were treasured today by reports the
chief executive had no intention of
giving the measure a pocket veto,
but would act promptly, thus giving
congress a chance to pass it over
his veto.
Passage victory for Longworth
The desertion of 214 house Repub-
leans who joined Democrats in the
hilarious stampede for the bill Mon
day was the subject of likely gossip
about the Capitol today. 1t was
discussed in connection with the adj
ministration previous firm hold on
the house, and specifically in con-
nection with a possible veto.
Passage Of the bill was a personal
victory for Speaker Nicholas Long
worth, who helped to draft it and
then brought it before the house
over the opposition of the admins
tration.
LongworthS action attracted much
attention because of his Staunch
backing OF the administration hith-
erto in all its major fights with the
senate.