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Bonus or Bust: 1932

Bonus or Bust: 1932

      The "bonus" was a benefit, specified by the World War Adjusted Compensation Act of 1924, that WW1 veterans were supposed to redeem no earlier than 1945; their demands for early compensation during the depths of the Depression led to the Bonus Army protests of 1932, in which some 40,000 mostly unemployed veterans gathered from across the United States to demonstrate for cash-payment redemption of their service certificates.

1932. "'Bonus or Bust, Orlando to Washington' -- shanty in encampment built by World War I veterans in the Bonus Expeditionary Force in Washington, D.C." Harris & Ewing Collection glass negative. View full size.

 

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