Word: bonus
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Dates: during 1930-1939
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Last week the Congressional tide for paying off the Soldier Bonus at once and in full continued to rise.* At the Capitol pro bono publico became pro bono politico. In the House 167 members were said to be down in writing as ready to support Bonus legislation, more than enough to force a roll-call vote. Fifty more members were reported as "favorable"' while only 91 were definitely ''opposed." Somewhere in the House background was said to be a colossal petition signed by two million veterans calling for Bonus cash. Though the American Legion was nationally committed...
...increased revenue. Of course we're going off the gold standard and the sooner the better." Calling at the White House to tell the President that his statement had already "beaten the bonus" (a view not concurred in by responsible House leaders). Congressman Hamilton Fish suggested that the proposed "bonus currency" carry the pictures of Messrs. Patman & Rankin...
...Latest bonus statistics: Total number of adjusted service certificates outstanding, 3,542,625; certificates pledged under last year's 50% loan law, 2,477,012; outstanding loans by Veterans' Bureau, $1,247,785,108; 1945 cash value of all certificates less outstanding loans, $2,270,126,367. *Last week the New York Sun discovered that of the 255,452 persons in Mr. Patman's district in Northeast Texas, only 1,659 in 1929 ''stared into the cold white face of a [Federal] income tax blank...
...Approved a bill by Kentucky's Barkley to waive the requirement that soldier bonus certificates must have been in force for two years before veterans may borrow 50% on them...
...More soldier bonus legislation was widely anticipated last week by House leaders who declared they could not stop the stampede for the veteran vote. After the tax bill is disposed of, the Ways & Means Committee will consider a measure of Texas' Patman to pay the bonus in full by issuing two billion dollars in fiat money. Last week Congressman Patman declared that, with the election coming on. President Hoover would not "dare'' veto his bill...