Salt Lake Telegram | 1936-12-17 | Page 12 | Eccles Says U. S. Borrowing Wanes

ECCLES SAYS I U. U S S. S BORROWING WANES WASHINGTON Dec 17 A P-A A prediction by Chairman Marriner S. S Eccles of the federal reserve board that there will be very little littlemore littlemore littlemore more borrowing by the federal government government government gov gov- was made public today The statement was in a talk by Eccles before a bank management confer conference nce in Boston last month The talk was not released at the time Asserting the federal budget willbe willbe will willbe be balanced out of an increased national income Eccles added that next years year's budget insofar as treasury borrowing of additional funds was concerned would be bal hal