Evening Star Newspaper, December 12, 1930, Page 10

THE _EVENING STAR, WASHINGTON BIG BATTLE COMING ON SOLDIER BONUS House and Senate Backers Preparing for Showdown With President. BY MARK SULLIVAN. The raising by the Senate of the ap- propriation for agricultural relief from $25,000,000 to $60.000,000 is immaterial compared to the amount that will be in- volved in the really big battle between President and Congress when it comes, as it surely will. The issue constitutes major politics and is certain to be dra- matic. The project that is largest in amount and also most energetically pressed is an appropriation amounting to approximately $3,500,000,000 for war veterans. This is equal roughly to the entire annual appropriations of Con- gress for all purposes. It would amount to a doubling of the whole Government expenditures for this year. ‘The bill for this purpose is backed in the Senate by Vandenburg of Michigan, Caraway of Arkansas and some others. In the House it is backed by Repre- sentative Wright Patman of Texas and John E. Rankin of Mississippi. These House backers of the immense appro- priation for war veterans have proved themselves in the ast to be resourceful and energetic. On the present occasion Congressman Patman is taking ‘early action to insure that the bill shall come to a vote. Taking advantage of an intricate and seldom used parliamentary rule, he is circulating a petition among members of the House. If he gets the signatures of a majority, 218, the bill will automatically come out of the ‘Ways and Means Committee onto the floor of the House once each week until action is had upon it. Half of Sum Raised. Understanding of the nature of the bill begins with understanding of the soldiers’ bonus act of 1924. In that year Congress enacted that each vet- eran should be paid a bonus of a dollar a day additional for home service and $1.25 a day for overseas service. To the sum for each veteran thus arrived at the Government added 25 per cent. ‘The sum was not to be paid to the veterans in cash. Congress enacted that it should remain in the Treasury drawing 4 per cent interest for 20 years. ‘The amount is payable either at the termination of the 20-year period, Jan- uary 1, 1945, or at the prior death of the veteran. It will be seen that the certificates are in effect, as Secretary Mellon called them, “endownment in- surance policies.” The premiums are id not by the veterans, but by the for the Government to issue bonds to raise the amount. Mr. Mellon says: “I am very definitely of the opinion that the United States Government cannot successfully sell three and a half bil- lion dollars of bonds for this purpose at this time.” (Copyright. 1930 FISH FOR PART PAYMENT. Representative Urges Immediate Veter- ans’ Relief. Representative Fish of New York, in a letter to Secretary of the Treasury Mellon, urges immediate cash payments to World War veterans of one-fourth the face value of their compensation certificates. Fish estimated one-fourth the value of the certificates at $800,000,000. Mel- lon has opposed payment of the cer- tificates in full as of doubtful benefit to vetgrans. “Would not your objections be com- plied with by the payment, in cash or negotiable Government bonds with 3 per cent interest, of one-fourth of the face value of the certificates without deductions for loans already made, which would continue to constitute a debt against the remaining amount of the service certificates,” Fish wrote. Reserve Fand Ample. The New Yorker asked if the Treasury would not have a reserve fund of $750,- 000,000 on Junuary 1, to retire the cer- | tificates, which, he said, was an “ample” |amount to pay one-fourth the face | value. Fish saild he believed there were hardship and suffering among unem- AR R AT Sch\.\;a;}tszv: Son — — Ope}1 Evenings ployed veterans and that an average cash payment of $250 would be helpful. In addition, he said, the placing in immediate circulation of between $500,~ 000,000 and $700,000,000 would tend to stimulate business. 75 Per Cent Would Remain. His plan, Pish sald, would leave 75 per cént of the policies for insurance of the wives and children. Meanwhile the petition of Repre- sentative Patman, Democrat, Texas, t6 get consideration of his bill for pay- ment in full of the certificates had majority of the 435 members is re- quired to take the $3,500,000,000 meas- ure out of the Ways and Means Com- mittee and bring it before the House. accumulated about 50 signatures. A | FRIDAY, DECEMBER 12, 1930. FURNITURE FOR XMAS GIFT Easy to choose and easy to charge—that's our Christmas slogan. Our immense assortments make possible the first, while our liberal credit plan makes the second half of the slogan a literal fact. Buy what you need NOW. Pay for CO-EDS CAUGHT PETTING TO BE GIVEN PUBLICITY Head of Ferris Institute in Michi- gan Says Names Will Be Announced. By the Assoclated Press. BIG RAPIDS, Mich., December 12.— ’The wages of being caught “necking” at Ferris Institute here is to be pitiless publicity. President Wells D. White announced | yesterday that the names of all co-eds caught in “petting postures” with boys | hereafter will be announced at public assemblies. T 9 P. M When it's time to Buy GIFTS..it's time to think of Chas. Schwartz & ers. Christmases have brought to Chas. Schwartz & Son a host of gift seek- And now ... 1930 brings the same faces . . .. and hundreds of new ones seeking a solution to their many gift problems. You. too, may find just what you want in the large se- time to hurry to the Schwartz Gold Clock on 7th St. i f ? 709 14th lection which we offer . . . from the smallest nov- elty to the most expensive. it Next Year. Exceptional Bed Room Value Tomorrow we feature a Venetian-mirror hed room suite, complete, at this low figure. Three styles to select from. Has large dresser, large Hollywood vanity, chest, bed, coil spring and cotton mattress. - ceptionally well made throughout, of fine walnut, vencer and other cabinet woods. FREE—A Rayon Bed Outfit as a Christmas Gift! T s Ty . : Genuine Mohair A suite that would have sold a year ago for $150 to $175. It is covered with genuine mohair, front and back. Has reversible spring-filled cushions, one side covered in high-grads mo- quette. Suite can be had in about 7 different colors, v, 98 ... $1.49 . $2.98 ... $4.98 Novelty Metal Smoker Novelty Metal Smoker Metal-lined Humidor jovernment. The veteran pays noth- ing. In 1945 or at prior death the vet- eran gets the amount of the policy. The average amount for each veteran is a little over $1,000. ‘What is now proposed is that this sum should be paid to the veterans im- mediately instead of waiting until 1945. The amount required is $3,409,304,122. ‘While the Government would be obliged r raise this sum, only about haif of th 119 FREE — Choice of Handsome Floor Lamp or Occasional Takle as a Christmas Gift ! gns_Up to $35.00 Delivery Any Time Before Xmas All You Pay for is the COMMUNITY PLATE And We Give You This wonld represent additional outlay by e Government. The present cash value of the policies, such as any in- surance company would pay, is $1,770,- 000,000. ‘The remainder, about $1,640,- 000,000 would be a clear gift by the sl w Delivers Choice of any la; - in the he Sutivery 11 the mowte, Liferd Voe Special Junior or Bridge Lamp, complete Special Table Lamp. $2.00 Floor Torchere, spec k $3.95 Floor Torchere, special, $1.49 Al Notor” and Table viims o Dridge: Diamond Wrist Watch The new Baguette *150 shape. Solid gold with platinum. Pay $3 weekly next year New Elgin Wrist Watch LF & small overlaid New rectangular movement in a beautiful modern case. Government to the veterans. Tray isiation in the recent past knows that with this smart new judgment is entertained by persons who do what they think will please the vet- The “DARTMOUTH" i took conscious pleasure in passing an Presi- prect legs, in the richness of designing—beauty is reflected in legislation.” Based on that episode and 5 Tab tofcatimite that not 35 oot of > chair. (China cabinet and server included.) Walnut and selected woods o et g o e P2 or 20-Piece Nickeled Silver Set through parliamentary strategy and An argument made in favor of the economic stimulant in the mass than million persons.” Secretary Mellon ad- Pay weekly next ye tion of an artificlal character.” Secre- i S e tt Salon Mirror Veterans Have Influence. Any one familiar with veterans’ leg- T e - Dt the probability of Congress enacting ville design. 8 pieces this appropriation is great. Similar g 5 Ay tray which is a' mir- now the strong disposition of . ror when off duty. vidual Senators and Representatives to y : erans. It. will be recalled that last The “LENNOX"—this A ~ s T o Spring Congress, especially the Senate, beautiful model$ 40 Fo T N G Beauty Is Revealed in EveryDetail of this 10-Pc. Suite appropriation for veterans which Pr tsion - THoTl $8 5 In each of the many overlays, in the massive carved $ dent Hoover publicly described as “bad every plece! An advance Fall style with many novel on knowledge of the present situation, it features! Also the massive buffet and five diners and host 96 Senators and not 75 out of 435 Rep- used throug.hout: 3 styles to select from. resentatives will vote against legislation FREE Christmas Gift. Choice of Buffet Mirror, Pair of Torcheres veterans generally. If passage of the appropriation is averted, it will be control exercised by leaders in the House. bill by Senator Vandenberg of Mickigan is that “there could be no greater the release of perhaps a thousand dol- lars apiece in the hands of some three mits this argument in part, but adds that it would be “a temporary stimula- tary Mellon is opposed to the appro- priation because it_would be necessary OFFICE FURNITURE The MONTICELLO —a fine Hamilton with dial as shown. An ac- curate timepiece. Priced ab ........ aeee Content 23 Is Pay $1 weekly next year Over The BANKER —dust- proof 15-jewel BUL- OVA movement. Com- plete with mesh band. 52 4.75 Pay weekly next year $10 Delivers Choice—No Interest Charged Visit Qur RADIO Department Demonstrating the Following: PHILCO The New RCA Models Featuring Baby Grand RADIOLA Complete 368-50 Starting at b - complete up. 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