Lehi Sun | 1922-12-21 | Page 2 | One Billion Dollar Debt Paid

One Billion Dollar Debt Paid Wnshlngton Tho tronsury depart-rartment depart-rartment Friday refunded $1,000,0000,-COO $1,000,0000,-COO of tho public debt In tho lnrgesl iflnnnclnl operation by the government Inco tho wnr. Tho government hnd to 'pay ?700l000,000 of JM per cent Victory Vic-tory notes cnllcd for redemption nnt ? 200,000,000 of treasury certificates of Indebtedness maturing Friday. Then rlso was pnyablo by tho government 5100.000,000 ns Interest on tho nntlon'r public dobt. Secretary to the Treasury Mollon's program to flnnnco thoeo ob-I'Titlons ob-I'Titlons Included nn offering of $00,-000,000 $00,-000,000 of new treasury certificates of Indobtolncss nnd ot treasury notes for $.100,000,000 which nro being rapidly absorbed by Investors.