Word: bonus
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With this preamble, the American Legion's Commander James Raymond ("Ray"') Murphy in person slapped on President Roosevelt's desk last week his Legionaries' legislative demands. No. 1: Bonus cash on the line...
Having frittered away their energies last session in wrangling over whether Bonus cash should be raised by orthodox Treasury methods (Vinson-American Legion bill) or by printing greenbacks (Patman-Veterans of Foreign Wars bill), cash-hungry veterans saw their hopes go glimmering when the Senate by eight votes sustained President Roosevelt's veto of the Patman bill (TIME, June 3). When Legionaries roundly hissed Bonuseer Patman at their convention in St. Louis four months later, the wranglers began to see the light of compromise...
...railroads was estimated at $32,000,000, about one-half as much money as the railroads lost during the first nine months of the year. ¶ Homestake Mining (which, at $420, is the highest priced common stock on the New York Exchange) gave each employe a $100 Christmas bonus. ¶ Calumet & Hecla (Michigan copper...
...said the aviation gasoline she carried was destined for Singapore, but she was bound via the Suez Canal and her gallant crew felt they should first consult Secretary of State Cordell Hull. While their walking delegate was doing so, the Oregon's owners offered the crew a 50% bonus plus full war risk insurance for every man if they would hop to their stations and get her going...
...walking delegate then said that for the crew to accept the owner's bonus would be "too mercenary" and the ship did not sail...