Nation: Pension Beginnings

The U. S. Government last week abandoned the 1917 policy of compensating only World War veterans disabled in military service and prepared to make a large and significant shift to a pension system of the sort that has followed every other war. This fundamental change was accompanied by a thumping veto from President Hoover and much wild and excited legislative scrambling, with the Senate in open defiance of the President and the House— bowing to his will.

Compensation Plan. When the U. S. entered the War, President Wilson inaugurated the war risk insurance system...

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