Salt Lake Telegram | 1936-01-14 | Page 1 | Senate Group Okehs Bonsu

SENATE GROUP BONUS Bond Plan Voted Voted Voted Vot Vot- ed by Committee WASHINGTON Jan 14 UP UP- UP The compromise soldiers soldiers' bonus bill providing payment in bonds which could be cashed immediately or held as is an investment was speeded toward oward senate enactment today when the finance committee voted to report it favorably The vote ote was sas 15 to 2 By a unanimous vote the senate committee decided to substitute the measure introduced b by Senator Pat Harrison Garrison D D. Miss for the united front frant measure passed overwhelmingly overwhelm overwhelm- by the house last week The house louse bill provided for immediate cash payment but did not prescribe means of raising the money The two senators voting against the he compromise demand note measure were James Couzens R. R Mich and Peter Gerry D. D R. R L Secretary of af Treasury Henr Henry Mor- Mor Jr appeared before the committee in the executive session at which the action was Vas taken Tho The bill may be passed by the senate before the end of the week Indications were it will receive a favorable reception in the house Veterans organizations which united in support of af the house bill Indicated they approved the compromise compromise com corn promise senate measure It was learned told the he committee the matter of ot new taxes axes was up to congress The secretary took no definite position position position po po- po- po for or against the bill saying it t was a a. legislative matter in which he 10 did not desire to express an opinion it was understood The demand note bill would fi finance finance fi- fi nance nanco payment of oC approximately to veterans through nonnegotiable bonds cashable only by jy the veteran to whom they are issued Senator King of Utah was absent when the vote was taken