AVC Will Oppose Vets' Pension Bill

"Harvard's chapter of the American Veteran's Committee has resolved to fight the Rankin Veteran's Pension Bill in every way possible," Publicity Chairman Roy F. Gootenberg '49 announced last night.

The action is in support of the policy of the national AVC, which is the only veteran's organization openly fighting the legislation. The resolution states that "old age security should exist for the entire populace and that expenditures solely for veterans' old age benefits would only harm the legitimate veterans' needs which now exist."

Rankin's bill, which is now in the House Rules Committee, would provide $90 per month to unemployed war veterans at the age of 65. The cost of the bill has been estimated at $198 billion, over nine times the projected cost of the Marshall Plan.