Word: bonus
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Dates: during 1930-1939
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...Received from its Finance Committee, which had voted down the Patman (greenback) and Vinson (Legion) bonus bills, the Harrison (compromise) bonus bill (TIME, April...
With these words the Administration last week offered veterans a new bonus of a round half-billion dollars provided they would desist, at least for a time, from hounding the Government for cash. The offer appeared to sprout out of a White House heart-to-heart between President Roosevelt and Senator Pat Harrison of Mississippi early in the week...
...House had already passed the Patman Bill providing for immediate payment in greenbacks of the Bonus due in 1945 (TIME, Jan. 21). What lay ahead was well known: Passage of a cash Bonus bill; a Presidential veto; an overriding of the veto by the House; a nip & tuck contest in the Senate in which the veto would probably be sustained on condition the President accept a compromise...
...Senator Harrison who needs the veterans' vote for re-election next year and who, as chairman of the Senate Finance Committee, must fight the Administration's anti-Bonus battle in the Senate, voluntary compromise now looked more desirable than an enforced compromise weeks hence. President Roosevelt could see Senator Harrison's point. Obviously it would be economy in politics to have a compromise after one wrangle rather than a compromise after many wrangles. So Senator Harrison marched into the Senate and popped a bonus bill into the hopper...
...Every bonus bill has to be concocted by a mathematical expert who can make it look cheap to taxpayers, liberal to veterans, possible to the Treasury. Senator Harrison did not try to concoct anything so difficult out of his own head. He went to the Veterans' Administration, got its best wizard with figures to do the job. Assistant Administrator Harold Walker Breining is a fat, fortyish actuary who, since 1917, when he went overseas in field service for the Division of War Risk Insurance, has been making statistical tables dance jigs for the Government. Mr. Breining found...