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Bonus Muddle Solution Looms In Congress
Senator Reed Smoot chairs the finance committee as plans form to empower the Veterans Bureau to issue loans on World War I policies. General Frank Hines outlines a rescue for veterans rejected by banks, with draft bills by Robinson Copeland Mayfield and Walsh under consideration. The aim is a universal loan program while banks retain lending powers. Senator Carter Glass critics the principle but agrees the government must honor its contracts with veterans.
MENTIONED IN THIS ARTICLE
Universal Service
Washington
Congress
Veterans’ Bureau
Reed Smoot
Utah
Senate Finance Committee
Smoot
Senate
Frank T. Hines
Bureau
Robinson, Copeland, Mayfield and
Walsh
Massachusetts
Veterans Bureau
Carter Glass
Virginia
the Treasury
Todar