Show DEBT IS I INEAR NEAR jUrAD 25 OC BILLION Deducting to Allies Total Is Approximately Washington M May My y 3 Public I Public debt of or ortho tho the United States government nt reported toda today b by the treasury as ns Most of oC this represents Liberty bonds of or the first second 1 third and fourth issues The Victory Liberty loan not notI bUng bring Included to toy an any great extent No 0 deduction is made for Cor the I loaned to foreign governments Consequently the tho net debt would be beI I approximately I The rhe treasury plan to Issue other bonds this year ear and next year ear to meet the fag ends of or war expenses exp but in inthe inthe inthe I the aggregate ass the these o are arc not expected l to amount mount to more mora than so o that the gross ross public debt of oC the tale United States Is expected by officials to be In the tho neighborhood of ot I when the period of oC w war r financing financing In ing ends The Tac treasury now has a working balance of an and 1 it holds In gold Jol 1 Silver dollars inthe in lu luthe inthe the treasury treasur have been reduced l to 29 b by melting malting down down of oC approximately ap ap- approximately proximately of oC silver sliver dollars dollars' dollars dol dol- I dOl-I lars lars' for tor export to India I |