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The Bonus Army was a group of 43,000 demonstrators – 17,000 veterans of U.S. involvement in World War I, their families, and affiliated groups – who gathered in Washington, D.C., in mid-1932 to demand early cash redemption of their service bonus certificates.
The World War Adjusted Compensation Act, or Bonus Act, was a United States federal law passed on May 19, 1924, that granted a life insurance policy to veterans of military service in World War I. It was based on aggressive political lobbying by new veterans organizations.
Shacks erected by the Bonus Army on the Anacostia flats burning after being set on fire by the US military (1932). On July 17, 1932, thousands of World War I veterans converged on Washington, D.C., set up tent camps, and demanded immediate payment of bonuses due to them according to the World War Adjusted Compensation Act of 1924 (which made certain bonuses initially due no earlier than 1925 ...
1932 – Bonus Army marches on DC; repressed by President Hoover; 1932 – Reconstruction Finance Corporation finances relief; 1932 – U.S. presidential election, 1932: Franklin D. Roosevelt elected president, John N. Garner elected vice president
On Thursday, The New York Times reported on James Haas, a 47-year old member of American International Group (AIG)'s troubled financial products unit, and one of three AIG execs who have been ...
Bonus Army marchers confront the police.. Among the hundreds of Hoovervilles across the U.S. during the 1930s were those in: Anacostia in the District of Columbia: The Bonus Army, a group of World War I veterans seeking expedited benefits, established a Hooverville in 1932.
Years after about 1,900 National Guard and Reserve soldiers were swept up in a recruiting bonus scandal, U.S. Army investigators are reviewing the cases and correcting records because some ...
The Army is seeking to blunt the pandemic-fueled labor shortage rocking the country’s economy with its largest bonus ever — $50,000.