Show debt retiring plans arc ara outlined washington Ro reduction of the public debt by retiring securities and re funding them thein na as rapidly na as possible with others bearing lower interest rates Is tho prime purpose of tho the governments ern ments financial policy undersecretary mills ot of tho the treas tiry depart mont said in addressing tho the now york state nat ilera association in session here this ho he said would result in reduced taxes assorting asserting that the tha treasury had been singularly success til MI in both operations mr mills pointed out that tho the volume of govern luent was diminishing rapidly rind predicted that nut not many i moro more years will clapso before this most convenient and safo safe forni ot of investment yest will bo be available in amounts aino unta |