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Show Public Debt Is Menace to U. 8. Washington. Olie government faces fac-es a not deficit of $420,000,000 for the current fiscal year, President Harding informod tho second annual business meeting of federal executives. Re. colpts for the year, tho president said In nddrosslng tho mooting, were estimated es-timated at $3,074,000,000, and expenditures expen-ditures at $3,771,000,000, leaving an apparent excess of oxpeadltures amounting to $207,000,000, 'reduced, however, by the general balance of $272,000,000 in the treasury on June 00. |