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...meeting in private in Manhattan (see below). Third, the country, having few other matters of immediate importance to consider, might lend an ear to his troubles-a monster armada of idle ships. So T. V. O'C. spoke. His plan: The U. S. Treasury should pay a bonus of $20 per month to every American who works on a ship which is bought by a U. S. firm from the Government and which is used in foreign trade. His arguments...

Author: /time Magazine | Title: National Affairs: Revival | 5/11/1925 | See Source »

...Connor's "bonus" is merely a new name for an old plan known as "subsidy...

Author: /time Magazine | Title: National Affairs: Revival | 5/11/1925 | See Source »

Fifth Tongue. The President let it be known that he doubted whether Mr. O'Connor's proposed bonus or subsidy bill would be acceptable to the next Congress unless strongly advocated by naval experts as preparedness...

Author: /time Magazine | Title: National Affairs: Revival | 5/11/1925 | See Source »

...stock and 2,000,000 shares of common stock. The first public offering made in connection with the Dodge financing has consisted of the 850,000 preference shares, offered at $100 or $85,000,000 altogether. With every preference share, a common Class A share was given as a bonus. It was tremendously oversubscribed, subscriptions ranging from $100 to $2,000,003 and aggregating almost $500,000,000. The issue was at once listed on the New York Stock Exchange, where it went promptly to a premium. The second step in the new financing consists of the public offering...

Author: /time Magazine | Title: Business: Dodge Financing | 4/20/1925 | See Source »

...same qualities make him "irregular." They make him a great asset to whatever cause he espouses because his fighting is fearless and above ordinary politics. He was one of the 12 Republican Senators who voted against the Bonus Bill last year, one of the 17 who voted to sustain the President's veto. He was one of the three Senators to vote against the Postal Pay Bill in its original form. He voted also to sustain the veto of that bill and against the bill which passed a few weeks ago, providing postal pay and rate increases...

Author: /time Magazine | Title: National Affairs: A Political Curiosity | 3/30/1925 | See Source »

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