Word: bonus
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Dates: during 1930-1939
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Domestic Allotment re-emerged by administrative decree rather than by legislative enactment in a provision for the Secretary to pay "benefits" to producers contracting to cut their output. Thus the farmer who whittles down his corn land and raises fewer hogs gets a cash bonus for his reduced hog production rather than rent on his idle corn field...
...years Congress has bowed fearfully before the most potent organized minority on record-the War Veterans. The lobbies of the American Legion and the Veterans of Foreign Wars whipped through the Bonus (1924) and forced its part-payment (1931), both over Presidential vetoes. Spanish War pensions were upped and widened. The presumption date whereby veterans could legally attribute any ailment to World War service and thus draw full military compensation kept moving forward through the years. Finally a browbeaten Congress voted to compensate all veterans disabled in civil life, with pensions for all widows and orphans of all veterans...
...INSIDE STORY OF THE BONUS ARMY-Walter Waters & William C. White. In support of the 100% Americanism of the bonus leaders...
Senator Couzens: Doesn't it [the bonus system] inspire a lack of care in the sale of securities to the public...
...earn no more than $3 a share toward its $5 worth of 1933 dividends. Last month American Tobacco gave up its usual $1 extra dividend and last week Mr. Hill, worried by stockholders' suits, renounced for the future the $380,000 he might have had as a management bonus. But what most worried Mr. Hill was 10? cigaret sales. Present estimated annual rate of production gives to two of the ten centers alone 20% of the total, makes the "Big Four" a "Big Six." Figures...