OCR Text |
Show REDUCING THE PUBLIC DEBT On August 3rd. the Serretarv of the Treasury announced with loud noise that the public debt had been reduced $ 7G.404.453 during July and that the public debt on thai day was $24,222,917,013.00. This reduction was accomplished through the retirement of that amount of treasury certificates of In debtedness. On August Sth the Secretary of the Treasury announced that $150. flPO.OOO Treasury certificates bearing bear-ing 6 per cent would be sold to the public at par. to be dated August 16. So. Po. The debt is reduced $76. 000, (ion on August 3 and the debt is increased increas-ed $15H.nn0.noO on August 16. No comments needed. |