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Editorial
July 23, 1921
The Laramie Republican
Laramie, Albany County, Wyoming
What is this article about?
Editorial supports President Harding's stance against immediate cash bonus for WWI veterans, citing the Rainbow Division's refusal to endorse it due to potential disruption of government finances, emphasizing national economic priority over short-term payouts.
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OCR Quality
98%
Excellent
Full Text
POSTPONE THE BONUS.
President Harding's judicious stand on the bonus bill has received the support of the men most intimately concerned. In its annual convention in Cleveland last week the Rainbow Division Veterans' association refused to indorse the bill calling for an immediate cash bonus. In their resolution the men of the famous division, one of the first to reach France and one that saw some of the fiercest fighting of the war, gave the same reasons that the president advanced in his address to Congress,—namely, that at the present time so tremendous an outlay would completely disrupt the financial organization of the government.
The stand of the Rainbow Division we feel is that of a majority of sane-thinking American citizens. No one will deny the right of the ex-service man to any adjusted compensation the nation can safely give him. But any plan which would endanger the economic foundations of the entire country would inflict a greater injury upon the veteran himself than the cash bonus could compensate. And surely the ex-soldier, who fought to preserve the nation, is the last man to stand in the way of the reconstruction which must come to make his sacrifice of permanent worth.
President Harding's judicious stand on the bonus bill has received the support of the men most intimately concerned. In its annual convention in Cleveland last week the Rainbow Division Veterans' association refused to indorse the bill calling for an immediate cash bonus. In their resolution the men of the famous division, one of the first to reach France and one that saw some of the fiercest fighting of the war, gave the same reasons that the president advanced in his address to Congress,—namely, that at the present time so tremendous an outlay would completely disrupt the financial organization of the government.
The stand of the Rainbow Division we feel is that of a majority of sane-thinking American citizens. No one will deny the right of the ex-service man to any adjusted compensation the nation can safely give him. But any plan which would endanger the economic foundations of the entire country would inflict a greater injury upon the veteran himself than the cash bonus could compensate. And surely the ex-soldier, who fought to preserve the nation, is the last man to stand in the way of the reconstruction which must come to make his sacrifice of permanent worth.
What sub-type of article is it?
Economic Policy
What keywords are associated?
Veterans Bonus
Economic Stability
President Harding
Rainbow Division
Adjusted Compensation
What entities or persons were involved?
President Harding
Rainbow Division Veterans' Association
Congress
Editorial Details
Primary Topic
Postponement Of Veterans' Bonus Bill
Stance / Tone
Supportive Of Postponing The Bonus To Protect National Finances
Key Figures
President Harding
Rainbow Division Veterans' Association
Congress
Key Arguments
President Harding's Opposition To Immediate Cash Bonus Due To Financial Disruption
Rainbow Division Refused To Endorse The Bill For Same Reasons
Bonus Would Endanger Economic Foundations Harming Veterans More Than It Helps
Veterans Fought To Preserve Nation And Should Support Reconstruction