Public Papers of Franklin D. Roosevelt, 1936

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Author: Franklin D. Roosevelt  | Date: June 8, 1936

64 A Request for Bankers to Cash Bonus Checks.
June 8, 1936

Disbursement of bonds and checks to veterans in payment of adjusted service certificates, as provided by the Adjusted Compensation Payment Act, 1936, will begin on June 15. Payments will involve the issuance of a large number of checks drawn on the Treasurer of the United States. The first group of checks will be for amounts less than $50 drawn on the Treasurer by Federal disbursing officers and mailed directly to veterans at their designated addresses. The second group of checks, to be issued in connection with the redemption of adjusted service bonds of 1945, will be in amounts of $50 or multiples thereof, and will be in the form of Treasurer’s checks or checks drawn on the Treasurer by postmasters designated fiscal agents of the United States.

In order that the veterans may receive the fullest benefit contemplated by the Congress, and that the funds to be disbursed may begin to flow through the channels of trade without unnecessary delay, it is essential that our banks throughout the country extend all possible assistance by cashing these checks at par upon proper identification.

I urge all bankers to extend the fullest cooperation to the Government in the encashment of these checks promptly and in full.

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Chicago: Franklin D. Roosevelt, "64 a Request for Bankers to Cash Bonus Checks.," Public Papers of Franklin D. Roosevelt, 1936 in Franklin D. Roosevelt, the Public Papers and Addresses of Franklin D. Roosevelt, 1936 (New York: Russell & Russell, 1938-1950), Item 238 Original Sources, accessed May 29, 2024, http://www.originalsources.com/Document.aspx?DocID=UT4AM33UC6AMHBG.

MLA: Roosevelt, Franklin D. "64 a Request for Bankers to Cash Bonus Checks." Public Papers of Franklin D. Roosevelt, 1936, in Franklin D. Roosevelt, the Public Papers and Addresses of Franklin D. Roosevelt, 1936 (New York: Russell & Russell, 1938-1950), Item 238, Original Sources. 29 May. 2024. http://www.originalsources.com/Document.aspx?DocID=UT4AM33UC6AMHBG.

Harvard: Roosevelt, FD, '64 a Request for Bankers to Cash Bonus Checks.' in Public Papers of Franklin D. Roosevelt, 1936. cited in , Franklin D. Roosevelt, the Public Papers and Addresses of Franklin D. Roosevelt, 1936 (New York: Russell & Russell, 1938-1950), Item 238. Original Sources, retrieved 29 May 2024, from http://www.originalsources.com/Document.aspx?DocID=UT4AM33UC6AMHBG.