MARK 4500 Lecture Notes - Lecture 14: Wall Street Crash Of 1929, Wright Patman, Calvin Coolidge
8 Mar 2018
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~4. 7 million veterans participated in world war i: half went overseas for an average of 5. 5 months. Of the 1. 1 million who actually saw combat: 116,000 died in service and 204,000 were wounded or otherwise disabled (lost. After the war, veterans received a bonus seen as a slap in the face saying: (cid:498)patriotism bought and paid for is not patriotism(cid:499) President calvin coolidge vetoed a congressional bill granting bonuses to veterans of wwi. Congress overrode his veto and passed the world war adjustment compensation act. 1929: 1945 = wwii and great depression. But, the money was put into a trust fund that the veterans would not get until the year. Wright patman, congressman from texas, introduced a veteran"s bill that would release the. Wwi bonuses early the bill did not make it out of committee. Patman reintroduced his bill to congress, and while it made it through congress, president.
