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U.S. SENATE UPHOLDS PRESIDENT'S VETO.

BONUS BILL KILLED.

Dramatic Appearance in

Congress.

LOWER HOUSE OVER-RULED. (United P.A.—Electric Telegraph—Copyright) (Received 11 a.m.) WASHINGTON, May 23. With the voting 54 to 40, the Senate blocked the enactment of the Patman inflationary Veterans' Bonus Bill by refusing to pass the legislation over President Roosevelt's veto. Following the rejection of the Presidential veto by the House of Representatives, the Senate proceeded to consider tlio President's message in more leisurely fashion. The Government leaders made a determined stand to sustain the veto. After checking and rechecking their forces tliev said they liad a one or two vote margin. On the other hand the bonus advocates claimed to be confident of winning on tlie vote. In perhaps the most dramatic appearance of a President in Congress since the late Mr. Woodrow Wilson asked for a declaration of war against Germany, Mr. Roosevelt, before a joint session of the House and Senate read his veto message of the Veterans' Bonus Bill, involving 2,200,000,000 dollars. Sinister Currency Inflation. He to packed galleries, while thousands of people crowded the Capitol grounds although they had not the slightest chance there of hearing his message, which was broadcast throughout the country. In arguing against cash payments to tlio veterans Mr. Roosevelt employed, in substance, the same points as every President since the war. Also he had to argue against currency inflation, declaring that the issue of jiew money would not bring the inflation of commodity prices desired, but would easily lead to uncontrolled inflation, destroy the value of savings and investments, [and reduce f - od incomes, including the pensions of disabled veterans. | The President said the Government I already had expended 7,800,000,000 dollars in benefit* for the veterans which would be increased to 13,000,000,000 dollars by 1945. Congress somewhat coolly received the President's address and, in less time than it required for him to return to White House, the House of Representatives had been reconvened and bad over-ridden the veto. There was no discussion of the points the President had raised and no debate on the issues involved. It required a bare 25 minutes to set the machinery for the roll-call, and scores of Democrats who had "ridden to Congress on Mr. Roosevelt's coattails," voted for the bounty, and incidentally for inflation of the currency to the extent of two billion odd dollars' worth of "green-backs." PRIEST-POLITICIAN. FATHER COUGHLIN SPEAKS. NEW YORK, May 23. Father Coughlin last ' evening addressed 18,000 howling and jeering people in Madison Square in the third rally of his "National Union for Social Justice." The speaker denounced President Roosevelt's two latest actions, namely, in vetoing the Bonus Bill and in fixing the minimum wages for relief workers at 19 dollars a month. He urged the customary prosperity formula —expansion of money through Government control of credit and currency—but took something of a veer to the left wing when lie declared that if capitalism stood in the way of social justice it 1 should be constitutionally voted out of I existence.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19350524.2.70

Bibliographic details

Auckland Star, Volume LXVI, Issue 121, 24 May 1935, Page 7

Word Count
503

U.S. SENATE UPHOLDS PRESIDENT'S VETO. Auckland Star, Volume LXVI, Issue 121, 24 May 1935, Page 7

U.S. SENATE UPHOLDS PRESIDENT'S VETO. Auckland Star, Volume LXVI, Issue 121, 24 May 1935, Page 7

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