News Advocate | 1925-01-08 | Page 7 | U. S. National Debt Large

U 5 6 liati onal debt large the treasury trea eury hat has shaved a billion cullars oft off tb th t ast public debt in the fuat twelve months and by doing so baa has cut the obligation obligations ot of the united states more than one fifth ance since they reached theu their peak ot of 2 in august 1019 the government the bew u yea yeal with a public debt ot of 20 first figures on the lish ments in th calendar lendar cn year 1921 4 bowed showed that was wo lopped aff the debt the reduction in the calt udar year 1923 waa was 10 A radii tion of 2 azo was made in the debt 19 in the december alecil I 1 operations alone and a further reduction ie Is expected when the treasury trea aury completes its march financing