Word: vetoes
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Dates: during 1930-1939
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...defiance H. R. 17054, a bill to increase the loan value of veterans' adjusted service certificates from 22½% to 50% (TIME, Feb. 23). On the advice of the same Homer-incinerated Andy Mellon, he prepared to return it unapproved to Congress with a full explanation of his veto reasons...
Soldier Bonus legislation began moving rapidly through Congress last week toward what was generally expected to be a presidential veto. Reported from the Ways & Means Committee H. R. 17054 to up veterans' loans on adjusted service certificates was snapped (363-to-37) through the House in 40 minutes. The Senate was primed for action no less quick to avert what all Bonus advocates dreaded-a pocket veto...
...President Hoover gets the measure before the last ten days of the session, he must either disapprove it and thereby allow Congress a chance to repass it over his veto or permit it to become a law automatically. If the measure reaches the White House after the last ten days period, the President can kill it by doing nothing to it (i.e a pocket veto) and thus deprive Congress of a second vote before final adjournment. With the ten-day period beginning Feb. 21, the Bonus fight became chiefly a race against time to the White House...
...Mellon letter clearly foreshadowed a Hoover veto. But upon Congress it acted as no deterrent. Speaker Longworth pronounced the Bacharach bill "sane, sensible and conservative" and "one guess as good as another" on its cost. Secretary Mellon was loudly flayed for painting too gloomy a picture, was reminded that his dire prediction about the effects of the original Bonus act in 1924 had never materialized. The Ways & Means Committee in its report on H. R. 17054 argued that "there is no way to determine accurately just what the cost 'will be." Against Secretary Mellon's "potential liability...
...passage of the Bonus Loan Bill through the Senate appears to be an extremely short sighted move on the part of the representatives of the nation. The bill if repassed over the President's practically certain veto, will mean a demand of approximately one and a quarter billions of dollars on the federal treasure. About two million men, according to General Hines of the Veteran Bureau, will apply for loans if this bill, enabling them to borrow up to fifty per cent on the the face value of their bonus certificates, goes into effect...