Show PUBLIC DEBT D BT CUT BILLION DOLLAR URS WASHINGTON Jan 3 TIt ur has hils sha cd ah a n bil- bil billion lion dollars dollar oft ocr the In the past pal 12 month and n by doing dolne so 50 has cut t tre e lions of ot Ih he United S Ic es moro than one fifth alnee they r rc ached peak of C Ob 0 94 7 In August 1919 1 1 I The government th neW n w year y with Ith a n debt ot o 20 official fleur s on n the In the calendar calenda lear ear 1921 mad public to tola lay show showed d that I as s lopped oft orr the debt d bt Je lS e reduction tion In th the calendar year 1 1923 2 ws was 50 10 A reduction of ot 23 1 8 1 made In the debt In the her ber fiscal Ical operations alne And Anda a reduction I 1 led when hen the treasury Its |