02-24-30 Council Meeting Minutes

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,- 614 February 24th, 1930. REGULAR MEETING.. MINUTES. Be it Remembered that the Common Council met in the Regular Session in the Council Chambers in the City Hall., Monday evening February 24th, 1930 at the hour of 7 :55 o'clock P. M. All Membe: present except Councilmen Nelson,- Jaworski and Hiss-. President Fegan presided. The Minutes of th previous meeting-were read -and on Motion of Councilman Hull were referred to the Committee on the Inspection and Supervision of Minutes.. Motion carried. COMMUNICATION, South Bend, Indiana, February 22, 1930. To the Honorable Members of the Common Council-of the City of South Bend, Indiana. Sirs:- Enxclose herewith a resoltion for your kind consideration and action, me:morialzing Cong: of the United States to anact House Resolution 9143 for the payment in full the face value of adjusted'- service certificates to the World's, War- Veterans -. From the informations received United States Treasury report shows that on June 30 last fffiu: to redeem all adjusted compensation certificates of the expiration of 20 years from date was $514;578,991.21 net, Also that 85- ,375,998.47 has been paid out during the fiscal year on claims allow d or loans made from= -said fund at the United States Veterans Bureau. �he loans on the adjusted- service certificates made direct to the.World's War Veterans- is v The ifiterest on them is eating up the principal. Thousands �..of the World's War Veterana today all over the country are in dire need. There is another view that our g Government at present time, should tame the matter. up of p off these adjusted - service certificates. Business is stagnant in this country, unemployment is evidenced all over the United States . Huner and destitution stalk the streets, in may centers o population and industry, and many of the men, who-, withour fault of their own, are in these suffering; ranks, are men who Bore: arms in the Wold -War, and to whoT our Government owes an adjusted.compensaton. If the present ses -sion of our Congresa. would get together and pay these claims of the Worldla War Veterans in full. the face value-of adjusted service certificates, the money would flow into the ch4nnels of business;, the whee:lm of industry would again hum,; the manufacturers- and merchants'Would have again a. large body of customers, able to buy their produc and the unemployment would -be removed and the -hunger from many homes. The Common Council of the City of South Bend, Indiana, sould act favorably on• enclose resolution,and memorialize Congress of the United States to enact legislation which provide fmr the effective carrying out of the provisions of the said bill H. R. 9143", Very cordially, yours, Ignatius K. Werwinski. On Motion of Councilman Hull the Communication was accepted and ordered to be placed on file. Motion carried, PETITION _ -- - - - S s s. C7 :ry lar e a Lying S,