Bonus Expeditionary Force,or Bonus Marchers , and marched to Washington to demand immediate payment of the certificates. President Hoover ordered troops to oust them from federal property. In 1936 Congress passed a law permitting the veterans to exchange their certificates for cashable bonds. A number of states voted veterans' bonuses after World War II and the Korean War.
See W. W. Waters, B.E.F.: The Whole Story of the Bonus Army (1933, repr. 1969) V. D. Kennedy, Union Policy and Incentive Wage Methods (1945, repr. 1969) J. K. Louden, Wage Incentives (2d ed. 1959) R. Marriott, Incentive Payment Systems (3d rev. ed. 1968).
The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.
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