Enquiry Sent!

Thanks for getting in touch. We’ll get back to you very soon.

Go Back to Homepage

Vets Happy Under 2 Billion Shower Of Bonu$ Bond$

Reel Number: 250008-02

Color: Black and White

Sound: SIL

Year / Date: 1936

Country: USA

Location:

TC Begins: 15:06:56

TC Ends: 15:07:48

Duration: 00:00:52

Title. Men working a long stable logging letters; mcu man showing label & envelope to camera. Sorting. Locks on mail bags & mail sacks loaded on cart. Mailmen w/ leaving courthouse w/ arms full of letters. Giving man at desk envelope. 15:07:28 Man signing for bond or certificate & counts certificates. WWI veterans; Economics; Great Depression; Economy; NOTE: WW1 Bonus Bill aka Adjusted Compensation Payment Act, 1936 was passed over FDR veto & $1.5 billion was distributed in Treasury checks to the 4 million veterans as bonds from 15Jun36 to 15Jun45 at 3% interest. These replaced 1924 Service Certificates for same amount w/ only difference that they could be borrowed against.

Show more