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Show 1L0IER BONUS BILL REPORTED TO SENATE I CASH ILL BE I pjioiNra I if ACT PASSES I Tax Provisions Elimated in Bill As Reported to Senate Today NEXT CONGRESS FACES JOB OF RAISING MONEY 1 Several Senators Make Known Objections to Legislation as Now Framed ISBDfGTOlf, Feb. 20 Use of the lnterot on the $10,000 -000,000 American war loans to the allies in financing adjusted compensation for former Service men is one of the plans under consideration by oohctcks. This wa dtlosied today when the sol I cllor-r bonus bill WM favorably reported by Ihe senate finance committee. WASHINGTON. Feb. 26. With the Lm tax provisions eliminated, the soldiers' J bonus bill was reported to the senate today by the finance committee. The cash bonus would bo payable Janu-ary Janu-ary l, mUMM The question of taxes to meet the cost of the bill was left for the next congress. Aside from a striking out of tho tax provision, the committee made little change In the house bill. retaining tho five options of a cash I bonus based on length of service, de-tarred de-tarred certificates, farm and home aid and vocational training. Senator HcCumber, North Dakota. In charge of the mil. olans to call it up In the senate at the first oppor-jtunlty, oppor-jtunlty, probably next week. Several senators gave notice of their opposition and Senators Garry'. Rhode Island, and Jones. New Mexico, Democrats, reserved the right to offer amendments on the floor to have the bill made immediately effective, by restoring the taxation provisions- Senator Thomas, Colorado. Demo-crat, Demo-crat, filed a mlnoritv rennrt One hi the amendments adopted by iJBBBB the committee provided thi all claims must bo filed by July 1. 1922, six mWM months before anv of the provisions I go Into effect, so that the government ' may know what proportion may be I taken in cash or other ODtlons. oo BBB |