BONUS FOR SOLDIERS
WALL STREET EXCITED, NEW YORK, May 20. Wall Street look the passage of (.lie Soldiers’ Donns Dill, over tho President's volo, very much to hear!. This enactment, of course, spelled the abandonment of the Ciovcrnment's tax reduction programme. During Hie night a hurried call for margins was issued by every brokerage house, and thousands of clients, unab!i; to raise their margins, were sold mil during the first hour to-day, when the sharpest declines for months were; registered, Some stocks dropped six points. A Washington message says that, the allotment of wav bonuses, voted by Congress to 3,500,000 veterans, will be a colossal official task. Each ease must he attested. A man of twenty-live years of ago, who served for sixteen mouths, will get the maximum of .C3OO for twenty Years’ insurance, on winch he can obtain 90 per cent, as a loan. Women who enlisted, members of the marine corps, and officers of a-s high a rank as captain aro eligible to participate.
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Bibliographic details
Evening Star, Issue 18649, 2 June 1924, Page 1
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166BONUS FOR SOLDIERS Evening Star, Issue 18649, 2 June 1924, Page 1
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