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Bonus Army...
Bonus Army...
Item # 549965
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June 18, 1932
THE NEW YORK TIMES, New York, NY, June 18, 1932
* Bonus Army
* Bonus Expeditionary Force
* Walter W. Waters
This 30 page newspaper has a two column headlines on the front page: "SENATE DEFEATS BONUS, DESPITE 10,000 VETERANS MASSED AROUND CAPITAL" with subheads that include: "Vote On The Bill Is 62-18" "City at High Tension as Hundreds Camp in the Plaza" and more.
More on page 7 with related photo. Other news of the day throughout.
Light browning, otherwise in good condition.
wikipedia notes: The self-named Bonus Expeditionary Force was an assemblage of some 43,000 marchers — 17,000 World War I veterans, their families, and affiliated groups, who protested in Washington, D.C., in spring and summer of 1932. Called the Bonus March by the news media, the Bonus Marchers were more popularly known as the Bonus Army. The war veterans sought immediate, cash payment of Service Certificates granted them eight years earlier via the Adjusted Service Certificate Law of 1924. Each Service Certificate, issued to a qualified veteran soldier, bore a face value equal to the soldier's promised payment, plus compound interest. The problem was that the certificates (like bonds), matured twenty years from the date of original issuance, thus, under extant law, the Service Certificates were un-redeemable until 1945.
The Bonus Army was led by Walter W. Waters, a former Army sergeant, and were encouraged in their demand for immediate cash-payment redemption of their service certificates by retired U.S.M.C. Maj. Gen. Smedley Butler, a most popular military man of the time.
Category: The 20th Century
No Longer Available
