The Bonus Army, a group of 43,000 demonstrators—17,000 veterans of U.S. involvement in World War I, their families, and affiliated groups—gathered in Washington, D.C., in mid-1932 to demand early cash redemption of their service-bonus certificates. Organizers called the demonstrators the Bonus Expeditionary Force (B.E.F.), to echo the name of World War I's American Expeditionary Forces, while the media referred to them as the "Bonus Army" or as "Bonus Marchers". The demonstrators were led by Walter W. Waters, a former sergeant. Many of the war veterans had been out of work during the early years of the Great Depression. The World War Adjusted Compensation Act of 1924 had awarded all U.S. World War I veterans "bonuses" in the form of certificates which they could not redeem until 1945. Each certificate, issued to a qualified veteran soldier, bore a face value equal to the soldier's promised payment with compound interest. The principal demand of the Bonus Army was the immediate cash payment of their certificates.
Bonus Army: Around a thousand World War I veterans amass at the United States Capitol as the U.S. Senate considers a bill that would give them certain benefits.
On June 17, in the year 1932, Bonus Army: Around a thousand World War I veterans amass at the United States Capitol as the U.S. Senate considers a bill that would give them certain benefits. This event is recorded as a Historical Events event in the history of June 17, one of 432 recorded events on this date across all of history.
Key Facts
- This event took place on June 17, 1932 (AD era).
- It is categorised as a Historical Events event in recorded history.
- Referenced in 3 Wikipedia articles.
- The event is associated with a specific geographical location (see map below).
- Wikipedia source last updated on 25 May 2026.
On This Date in History 432
This article draws on content from Wikipedia, available under CC BY-SA 4.0.
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