The Veterans of Future Wars (deliberately abbreviated VFW, to the annoyance of the Veterans of Foreign Wars) was a campus-based antiwar protest movement of the 1930s. Launched at Princeton University in 1936, it had chapters on more than fifty campuses within a year. Antiwar students drew attention to their pacifist stand by demanding a cash "bonus" similar to the bonus provided by Congress to World War I veterans — for their participation in future wars. Like the Bonus Marchers of 1932, the students reasoned that the thousand-dollar bonus, to be awarded to each future soldier (plus 3 percent interest, compounded annually) would provide them; all consumers, with the spending money necessary to help raise the nation out of Depression. They failed to convince government officials, however, and by the time of World War II this VFW was moribund.

Source:

Cabell Phillips , From the Crash...