American Experience Table of Mortality and interest at 4 per centum per annum, compounded annually. The amounts so appropriated shall be set aside in the fund on the first day of the calendar year for which appropriated. The appropriation for the calendar year 1925 shall not be in excess of $100,000,000.

Sec. 506. The secretary of the treasury is authorized to invest and reinvest the moneys in the fund, or any part thereof, in interestbearing obligations of the United States and to sell such obligations of the United States for the purposes of the fund. The interest on and the proceeds from the sale of any such obligations shall become a part of the fund.

Sec. 507. All amounts in the fund shall be available for payment. by the director, of adjusted service certificates upon their maturity or the prior death of the veteran and for payments under section 502 to banks on account of notes of veterans.

Title VI-Payments to Veteran's Dependents. Order of Preference.

Sec. 601. (a) If the veteran has died before making application under section 302, or, if entitled to receive adjusted service pay, has died after making application but before he has received payment under title IV., then the amount of his adjusted service credit shall (as soon as practicable after receipt of an application in accordance with the provisions of section 604. but not before March 1, 1925) be paid to his dependents, in the following order of preference:

(1) To the widow or widower if unmarried; (2) If no unmarried widow or widower, then to the children, share and share alike; (3) If no unmarried widow or widower, or children, then to the mother;

(4) If no unmarried widow or widower, children, or mother, then to the father.

(b) For the purposes of this section payments made under paragraph (2) of subdivision (g) of section 301 of the war risk insurance act shall not be considered pay ments made by the United States on account of the death of the veteran.

Dependency.

Sec. 602. (a) No payment shall be made to any individual under this title unless at the time of the death of the veteran such individual was dependent.

(b) For the purposes of this section:

(1) A child of the veteran shall be presumed to have been dependent upon him at the time of his death if at such time such child was under 18 years of age;

(2) The widow or widower shall be presumed to have been dependent upon the veteran upon showing by them, respectively, the marital cohabitation; the father and mother, respectively, shall submit under oath a statement of the dependency, to be filed with the application.

Payment in Installments. Sec. 603. The payments authorized by section 601 shall be made in ten equal quarterly installments, unless the total amount of the payment is less than $50, in which case it shall be paid on the first installment date. No payments under the provisions of this title shall be made to the heirs or legal representatives of any dependents entitled thereto who die before receiving all the installment payments, but the remainder of such payments shall be made to the dependent or dependents in the next order of preference under section 601. All payments under this title shall be made by the director.

benefits to which he is entitled under this title by filing an application therefor with the secretary of war, if the last service of the veteran was with the military forces, or with the secretary of the navy, if his last service was with the naval forces.

(b) Applications for such benefits, whether vested or contingent, shall be made by the dependents of the veteran on or before Jan. 1, 1928; except that in case of the death of the veteran during the six months immediately preceding such date the application shall be made at any time within six months after the death of the veteran. Payments under this title shall be made only to dependents who have made application in accordance with the provisions of this subdivision.

(e) An application shall be made (1) personally by the dependent, or (2) in case physical or mental incapacity prevents the making of a personal application, then by such representative of the dependent and in such manher as the secretary of war and the secretary of the navy shall jointly by regulation prescribe. An application made by a representa tive other than one authorized by any such regulation shall be held void.

(d) The secretary of war and the secretary of the navy shall jointly make any regula tions necessary to the efficient administration of the provisions of this section.

Transmittal of Application.

Sec. 605. (a) As soon as practicable after the receipt of a valid application the secre tary of war or the secretary of the navy, as the case may be, shall transmit to the director the application and a certificate setting forth(1) The name and address of the applicant:

(2) That the individual upon whom the applicant bases his claim to payment was 3

veteran;

(3) The name of such veteran and the date and place of his birth; and

(4) The amount of the adjusted service credit of the veteran, together with the facts of record in the department upon which such above conclusions are based.

(b) Upon receipt of such certificate the director shall proceed to extend to the applicant the benefits provided in this title if the director finds that the applicant is the dependent entitled thereto.

Assignments.

Sec. 606. No right to payment under the provisions of this title shall be assignable or serve

as security for any loan. Any assignment or loan made in violation of the proThe visions of this section shall be held void. director shall not make any payments under this title to any person other than the dependent or such representative of the deas the director shall by regulation pendent prescribe. Definitions.

Sec. 607. As used in this act(a) The term "dependent" means a widow, widower, child, father, or mother;

(b) The term "child" includes (1) a legitimate child; (2) a child legally adopted; (3) a stepchild, if a member of the veteran's household; (4) an illegitimate child, but, as to the father only, if acknowledged in writing signed by him, or if he has been judicially ordered or decreeed to contribute to such child's support. or has been judicially decreed to be the putative father of such child; and

Application by Dependent.

people. Our first concern must be the nation as a whole. This outweighs in its importance the consideration of a class and the latter must yield to the former.

"The one compelling desire and demand of the people to-day, irrespective of party or class, is for tax relief. The people have labored during the last six years under a heavy tax burden. This was necessary to meet the extraordinary costs of the war. This heavy assessment has been met willingly and without complaint.

"We have now reached a financial condition which permits us to lighten this tax burden. If this bill becomes law we wipe out at once almost all debt reduction. If we now confer upon a class a gratuity such as is contemplated by this bill we diminish to the extent of the expenditures involved the benefits of reduced taxes which will flow not only to this class but to the entire people.

"When it is considered that less than $40 a year would pay for the average policy provided by this bill, there is strong ground to assume that the veterans themselves would be better off to make that small payment and be relieved of the attendant high taxes and high living costs which such legislation would impose upon them. Certainly the country would. We have already an economic ill today which cannot be attributed directly or indirectly to high taxes.

"The prosperity of the nation, which is the prosperity of the people, rests primarily on reducing the existing tax burden. No other action would so encourage business. No other legislative enactment would do so much to relieve agriculture.

"The drastic executive campaign for economy in government expenditures has but one purpose that its benefits may accrue to the whole people in the form of reduction in taxes.

"I cannot recede from this purpose. I am for the interests of the whole people. The expenditures proposed in this bill are against the interests of the whole people. I do not believe they are for the benefit of the vet

erans.

"The running expenses of the government for services and supplies must be met, certain other obligations in the nature of investments for improvements and buildings are necessary and often result in a saving. The debts of the nation must be paid. The sum of all these is a tremendous amount. At the present rate it is nearly $35 for each resident of our country, or $175 for each average family every year and must be for some time.

years.

paid on such policies. When this provision was made in 1917 it was on the explicit understanding of the congress that such insurance was to relieve the government of subsequent contributions.

"The then secretary of the treasury said in relation to the proposed insurance act:

"It ought to check any further attempts at service pension legislation by enabling a man now to provide ag-inst impairment through old age, total disability or death resulting from other causes, and to give all this protection to those kindred who may be dependent upon him and who do not share in the government compensation.'

"This opportunity was afforded all those who entered the service.

"It was distinctly understood that it cov ered every obligation on the part of the gov ernment. The intent of this bill now to provide free insurance lacks both a legal or moral requirement, and falls into the position of a plain gratuity.

"Considering this bill from the standpoint of its intrinsic merit, I see no justification for its

enactment into law.

"We owe no bonus to able-bodied veterans of the world war. The first duty of every citizen is to the nation; the veterans of the world war performed their first duty. To confer upon them a cash consideration or its equivalent for performing this first duty is unjustified. It is not justified when considered in the interests of the whole people; it is not justified when considered alone on its own merits.

"The gratitude of the nation to these veterans cannot be expressed in dollars and cents. No way exists by which we can either equalize the burdens or give adequate financial reward to those who served the nation in both civil and military capacity in time of war. "The respect and honor of their country will rightfully be theirs for evermore. patriotism can neither be bought nor sold. It is not hire and salary. It is not material, but spiritual. It is one of the finest and highest of human virtues. To attempt to pay money for it is to offer it an unworthy indignity which cheapens, debases and destroys it.

But

"Those who would really honor patriotism should strive to match it with an equal courage, with an equal fidelity to the welfare of their country, and an equal faith in the cause of righteousness.

"I am not unmindful that this bill also embraces within its provisions the disabled of our veterans and the dependents of those who fell. To state that the disabled veterans and these dependents are entitled to this ad

"No one supposes the effort will stop here. Already suggestions cash made for a are bonus, in addition, to be paid at once. Such action logically would be encouraged if this bill become law.

"Neither the rich nor the profiteers will meet this expense. All of this enormous sum has to be earned by the people of this country through their toil. It is taken from the returns of their production. They must earn it. The people of this country ought not to be required by their government to bear any such additional burden. They are not deserving of any such treatment. Our business is not to impose upon them, but to protect them.

"If this bill be considered as insurance, the opportunity for such a provision has already been approved. Nearly $3,000,000,000 of war risk and government life insurance is now outstanding, and over $500.000.000 has been

"Solicitude for the disabled veterans and the dependents of those who lost their lives is the nation's solicitude. To minister to their every need is a sacred obligation which will be generously and gratefully met. The nation stands ready to expend any amount needed for their proper care.

"But that is not the object of this bi America entered the world war with a higher Not purpose than to secure material gain greed, but duty, was the impelling motiva Our veterans as a whole responded to that motive. They are not asking, as a whole. th do not want, as a whole, any money recompense. Those who do seek a money recom

pense, for the most part, of course, prefer an immediate cash payment. We must either abandon our theory of patriotism or abandon this bill. Patriotism which is bought and paid for is not patriotism. Our country has maintained the principle that our government is established for something higher and finer than to permit those who are charged with the responsibility of office, or any class whose favor they might seek, to get what they can out of it.

"Service to our country in time of war means sacrifice. It is for that reason alone that we honor and revere it. To attempt to make a money payment out of the earnings of the people to those who are physically well and financially able is to abandon one of our most cherished American ideals.

"The property of the people belongs to the people. To take it from them by taxation cannot be justified except by urgent public necessity. Unless this principle be recognized our country is no longer secure, our people no longer free. This bill would condemn those who are weak to turn over a part of their earnings to those who are strong. Our country cannot afford it. The veterans as a whole do not want it. All our American principles are opposed to it. There is no moral justification for it.

"CALVIN COOLIDGE."

IMMIGRATION ACT OF 1924.

Be it enacted, etc., that this act may be cited as the "Immigration act of 1924." Immigration Visas.

Sec. 2. (a) A consular officer upon the application of any immigrant (as defined in section 3) may (under the conditions hereinatter prescribed and subject to the limitations prescribed in this act or regulations made thereunder as to the number of migration visas which may be issued by such officer) issue to such immigrant an immigration visa which shall consist of one copy of the application provided for in section 7, visaed by such consular officer. Such visa shall specify (1) the nationality of the immigrant; (2) whether he is a quota immigrant (as defined in section 5) or a nonquota immigrant (as defined in section 4); (3) the date on which the validity of the immigration visa shall expire; and (4) such additional information necessary to the proper enforcement of the immigration laws and the naturalization laws as may be by regulations prescribed.

(b) The immigrant shall furnish two copies of his photograph to the consular officer. One copy shall be permanently attached by the consular officer to the immigration visa and the other copy shall be disposed of as may be by regulations prescribed.

(c) The validity of an immigration visa shall expire at the end of such period, specified in the immigration visa, not exceeding four months, as shall be by regulations prescribed. In the case of an immigrant arriving in the United States by water, or arriving by water in foreign contiguous territory on a continuous voyage to the United States, if the vessel, before the expiration of the validity of his immigration visa, departed from the last port outside the United States and outside foreign contiguous territory at which the immigrant embarked, and if the immigrant proceeds on a continuous voyage to the United States, then, regardless of the time of his arrival in the United States, the validity of his immigration visa shall not be considered to have expired.

(d) If an immigrant is required by any law, or regulations or orders made pursuant

to law, to secure the visa of his passport by a consular officer before being permitted to enter the United States, such immigrant shall not be required to secure any other visa of his passport than the immigration visa issued under this act, but a record of the number and date of his immigration visa shall be noted on his passport without charge therefor. This subdivision shall not apply to an immigrant who is relieved, under subdivision (b) of section 13, from obtaining an immigration visa.

(e) The manifest or list of passengers required by the immigration laws shall contain a place for entering thereon the date. place of issuance and number of the immigration visa of each immigrant. The immigrant shall surrender his immigration visa to the immigration officer at the port of inspection, who shall at the time of inspection indorse on the immigration visa the date, the port of entry and the name of the vessel, if any. on which the immigrant arrived. The immigration visa shall be transmitted forthwith by the immigration officer in charge at the port of inspection to the department of labor under regulations prescribed by the secretary of labor.

(f) No immigration visa shall be issued to an immigrant if it appears to the consular officer, from statements in the application, or in the papers submitted therewith. that the immigrant is inadmissible to the United States under the immigration laws, nor shall such immigration visa be issued if the application fails to comply with the provisions of this act, nor shall such immigration visa be issued if the consular officer knows or has reason to believe that the immigrant is inadmissible to the United States under the immigration laws.

(g) Nothing in this act shall be construed to entitle an immigrant, to whom an immigration visa has been issued, to enter the United States, if, upon arrival in the United States, he is found to be inadmissible to the United States under the immigration laws. The substance of this subdivision shall be printed conspicuously upon every immigra tion visa.

(h) A fee of $9 shall be charged for the issuance of each immigration visa. which shall be covered into the treasury as miscella neous receipts.

Definition of "Immigrant."

Sec. 3. When used in this act the term "immigrant" means any alien departing from any place outside the United States destined for the United States, except (1) a government official, his family, attendants. servants and employes, (2) an alien visiting the United States temporarily as a tourist or temporarily for business or pleasure, (3) an alien in continuous transit through the United States, (4) an alien lawfully admitted to the United States who later goes in transit from one part of the United States to another through foreign contiguous territory, (5) a bona fide alien seaman serving as such on a vessel arriving at a port of the United States and seeking to enter temporarily the United States solely in the pursuit of his calling as a seaman, and (6) an alien entitled to enter the United States solely to carry on trade under and in pursuance of the provisions of a present existing treaty of commerce and navigation.

Nonquota Immigrants.

Sec. 4. When used in this act the term "nonquota immigrant" means:

(a) An immigrant who is the unmarried child under 18 years of age. or the wife, of a citizen of the United States who re