SOLDIERS’ BONUS BILL.
UNITED STATES PROPOSAL.
WASHINGTON, March 18,
The House of Representatives overwhelmingly passed tlie long-mooted Soldiers’ Bonus Bill providing for a paid-up 20 year endowment insurance for all veterans, save those who when in service had earned 50 dollars oi less, and who will receive cash. The maximum insurance, however, is not to exceed 2000 dollars per veteran. It is computed that the bill involves Goernmental expenditure in excess of 2000 million dollars, of which 135 million dollars would be expended during the first year. The bill now goes to the Senate, where it faces a stormy reception, although, it is believed, it will with some modifications be passed. The bonus has been strenuously opposed by ex-President Harding and President Coolidge. The former vetoed it in 1922, whereupon the House passed it over the veto, but the Senate failed to act on it.
Official circles believe that President Coolidge will promptly veto the bill, in accordance with his former attitude, but the bonus advocates avowedly intend either to win President Coolidge’s approval or muster sufficient votes in Congress to assure its passage over the veto.—A. and N.Z. cable.
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Bibliographic details
Manawatu Standard, Volume XLIV, Issue 970, 20 March 1924, Page 5
Word Count
190SOLDIERS’ BONUS BILL. Manawatu Standard, Volume XLIV, Issue 970, 20 March 1924, Page 5
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