Word: bonus
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...second time in his Administration President Roosevelt vetoed a Bonus bill. For the first time both the House and Senate overrode his veto...
...must make application to the Veterans' Bureau for conversion. If he has not borrowed on his certificate, he will in the course of time receive $950 in baby bonds and a check for $40. If, like most of his fellows, he has already borrowed 50% ($495) on his bonus, that sum will be deducted from his $990. If he has paid interest on his loan, he will get $450 in bonds and a $45 check. If, again like most of his fellows, he has paid no interest, that charge as far back as Oct. 1, 1931 will be forgiven...
...shoulders. Extravagant and wasteful administration spending over a period of years created supreme contempt for balanced budgets, and a non-chalance about a few billions more added to the public debt. Yet last year the President, in one of his few truly statesmenlike messages, rallied the opponents of the bonus raid to his side and preserved enough congressional discipline to sustain his veto. Even then his career was sadly reminiscent of the parable concerning a rake's progress. This year's veto was, by contrast, innocuous and no attempt was made to hold Congress in line by applying pressure...
...their agents. The reason, of course, lies in their compact organization and vote-control. They come, not as petitioners with a legitimate interest to defend, but as tyrannical over-lords, to demand, and receive, great portions of the nation's substance. But when Congress kowtows to orders from bonus headquarters, the public should at least be spared the hypocritical mouthings of one senator whose conscience, said he, impelled him to vote for overriding the veto...
...hear the burden of the Bonus...