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Show U. S. DEFICIT IS CUT DOWN WASHINGTON, Dec. 2 IV.V.i The federal government in tile I'irat five months of its fiscal year hail a deficit of $772,465,578, against a deficit of $1,151,985,520 in the corresponding period of last year when emergency expenditures were considerably smaller. The five mouths ended Thursday. Today's treasury statement showed this deficit caused an increase in-crease in the public debt from $22,538,672,00 on June 30 las( to $23,534,115,772 at the end of November. Total income of the government j in the five months ended with November was nearly double that j of the corresponding period of 1 last year, partly because of the; taxes imposed last March. Incoma I from June 30 to November 30 this ' year was $1,136,504,402 against I $680,894,151 a year ago. j |