Show I Limit on Public Debt Will Ifill Have to Be Raised Again for Loan I I The ceiling on the public debt will wll have to be raised again treasury officials say to make room for forthe forI forthe I the seventh se war loan This next big drive will opal in May Mayor or June Congress will Mill be asked to push up upI I the limit once more The boost the tre wants is from the present 2 0 billion dollars dolla rs to SOO billions The public debt outstanding now at maturity value Blue is Thus there Is margin of only I before the billion dollar limit is reached Consider Consider- Considerably Considerably ably more mere than thas 19 billion bUllon dollars worth of bonds maturity value must be sold in tn the seventh loan In the sixth loan more than 28 billion dollars dallal's worth ot of bonds bends were sold figuring hem them again at maturity value Since a large Urge part of these were sold on the three dollars will siU get you rou four In tn ten years basis the government realized about bout a 21 billion dollars from front the sale la m his budget message on Janu Tanu- ary 8 3 President S- S Roosevelt stated I that a further increase In the debt limit would be necessary before I the end of the next fiscal year which would be on June SO 30 1946 Financial commentators expect that two boosts will be required before that date since the President estl estl- mated that the public debt would stand at st billion dollars by the middle of 1946 At maturity valuation alien this would mean considerably more than billion dollars |