Show Financial Status Of Nation Nation Nation Na Na- tion Explained on Radio A few Sundays ago Se Secretary of the Treasury explained explained explained ex ex- ex- ex via radio the financial status of the nation Two of the facts brought out in his speech are of exceptional interest First when the present Administration Administration Administration Admin Admin- came to office the gross public debt was a trifle under 21 On March 31 it was Second it would naturally be supposed that the Interest cost of the tho debt would be at a record high inasmuch as the debt itself is Is But the annual interest cost now cost now amounting to is is less than it was in 1925 when the debt was less The reason is that government bonds now pay less interest than at any time in The average on the bonds outstanding is but per cent ane and the Treasury is gradually calling in old in high terest bond issues and issuing low interest ones In their place |