Show TREASURY I 1 N SHAPE FOR FUTURE LAST REMAINING FLOATING IN DEBT EDNESS Is 18 TO BE REDEEMED AT ONCE nothing in the financial situation to regard as E extremely grave declares i clares secretary houston in report on nations finances washington announcing that lint the last remaining f floating biting indebtedness lo 10 ot of the government would bo be redeemed in it lew few days secretary houston said tile the position of the treasury was very bright and that hint government officials saw nothing in the present financial situation which they would regard as extremely grave only about GO of short terni term certificates requiring to be refunded at maturity remain to be redeemed outstanding ng tax certificates issued in ili anticipation of income and profits tax installment dates for the purpose of 0 relieving the quarterly strain on the banks amount to but in no InA instance tance ecel the estimated amount of taxes and accordingly no funds will have to be provided to meet them people lose algat of the ninny many ways jn in which we liae been assisting hu europe rep ti 1 I 1 di t biffl h Wr ir AlAston raid paid ill ili addition to government loans we have furnished them worth of surplus army supplies for food relief probably OW lit in private loans to foreign brakers and a considerable amount abou amou lit of accrued interest on the government go eminent loans so that the total probably would read in addition butone has been selling securities curi ties here mr houston sald nil all reports front from hurole indicated that reconstruction WBK going on oil while they were talking about it citing the lie rebuilding of the french 1 und bridge As u notable ili 0 example of blidt lias 64 been accomplished complis hed As to tile domestic situation lio lie pointed out that approximately I would bo be spent this year and next in road building under arrange iii it ants ts inide while lie haq secretary ot ol agriculture and that building permits always a good index inde to busina conditions indicated that tile lia country was rapidly It Inking up tho the shortage tage of houses caused by tile the ceh Mitlon of construction during the war |