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Show J. S. TREASURY IS IN GOOD CONDITION 0 Prospect Issuance of Bonds or Short-term Notes Will Be Necessary. WASHINGTON, Aug. 31. The United tates treasury is in excellent condition, nd there is no present prospect that the Iministration will issue bonds or short-:rrn short-:rrn notes to fill Its coffers, according to statement by Secretary McAdoo today 1 his return to Washington from a onth's vacation in Maine. "It's too soon to talk about revenue glslation," said Mr. McAdoo. "I don't now what the estimates will be and nsequently cannot talk about revenues." j He added, however, thai It seemed pYibable that congress would be asked to If tend the period of operation of the nergency tax beyond December 31, its --esent limit. No consideration had hoen ..ven, he declared, to the advisability of -placing the duty on sugar, lowering the ;emptlon limit of the Income tax law other plans suggested to increase rev-Sues. rev-Sues. "But," said the secretary. "I have 'ever considered a bond Issue. The treas-:ry treas-:ry Is In excellent condition and there Is 0 country on the. globe more able to hy more taxes than the United States, our expenditures are to he increased, m not worrying about the situation and guess I should be the first man to orry." |