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Show HOUSTON ATTACKS" I BONUS PROPOSALS I A88AIL8 DIFFERENT PLAN8 IN M STATEMENT BEFORE THE 8ENATE COMMITTEE. Secretary of Treasury 8ays It Would RBJ Cost the Government $2,300,000,000 Provided All Former Service RBa Men Chose it Single Plan. BH Wnshlngton. Approximately J2, RBH noo.OOO.OOO was the estimate submit- jBJ led December 28 by Secretnry Hon- BJ ton of the treasury department ns tho Ba cost of currying out provisions of tho BRj soldiers.' bonus bill. H The treasury secretnry presented his BH estlmnte to the senate finance commit- BH tee without comment other than to urge that 110 legislation ho enacted H which would lay 1111 additional burden BRj mi the nation's finniices. Tho estimate RBH wns accompanied by figures showing H tho cost of carrying out any one of 'jBbI tho five optional provisions of the H nonus nut provided nil rentier service men chose u single plan. Tho figures jH for the various plans ranged fnii jBH $1.1112,000,000 for tho adjusted pny provisions, to RMLOOO.OOO for the In- sui mice provision. The ipnxlmum H possible cost of the vocational training jH old and tho farm and homo develop- BH meut plans was placed at $1,880,000,- 'H (r.O each, while the secretary said thu BVJ fifth provision, n plan for land settle- BH incut, held bo many uncertainties that flVR it was Impossible to estimate thu pos- BH slide expenditure. H Submission of tho estimated total RBI i'ost mndo 1111 apparent Impression BH niton members of the conimlttee which BH Is considering the bonus bill n.s pnssetl BH by the house at tho lust sceflon. Mem ( H bent declined to forecast the decision jRH of the (oinmlttec on tho question of BH reporting out tho measure, but It wns jRH recalled that Senator McCtimbcr, He- RBR publican of North Dnkotu, stated at jH tho opening of hearings on tho bill jBBJ Hint Its pnssage would depend Inrgcly jBH on the state of government llrinnces jBJ mid that Mr. Houston had testified tho RBR treasury, with normal expenditures, flfl would have n deficit of 12,100.000,000 for the year ending next Juno 110, nud RBa u deficit, of $1,000,000,000 for the fol- BH lowing twelve months. BJ |
