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Show EXPENDITURES OF GOVERNMENT One Billion Dollars Disbursed by the U. S. Treasury in One Month. WASHINGTON, Oct. 20. Government Govern-ment expenditure of one billion dollars Is the record which the month of October Octo-ber has established at the treasury department. de-partment. The total, which Includes loans to the allies, may exceed oven this huge sum, possibly by $100,000,-000. $100,000,-000. Thus far, It stands at $985,312,387, with yesterday's spending not included. in-cluded. For the twonty-threo working days thus far counted, It shows aver-ago aver-ago expenditure of approximately 42,600,000 dally, or almost 30,000 evory minuto of the day and night The increase In the daily expenditures expendi-tures Is greator at the present time than it was a month ago and Is steadily growing. A two-billion-dollar month, officials assert, is not far off.' It may be reached, with the retirement retire-ment of short time treasury certificates certifi-cates to be mot out of Liberty bono receipts by mid-wJnter. Expenditures for tho fiscal year thus far havo reached tho total of 3,446, 659,764, of which 1,770,700,000. more than half, is represented bj loans to the allies. These loans and the interest upon them are to bo repaid re-paid to the government by the borrowers bor-rowers and, therefore, do not represent repre-sent actual expenses to the American people. October's huge volume of funds paid out is made up as follows: For the army and navy, tho shipping ship-ping board, tho aircraft production board, the food administration, the maintenance of domestic governmental machinery and all othwr federal government gov-ernment activities. 395,206,200. For Interest on short time certificates certifi-cates of indebtedness and interest on the public debt, 3,458,798. For maintenanec of tho Panama canal, 1,523,062. For redemption of certificates of indebtedness in-debtedness issued in anticipation of Liberty bond receipts of the second Issue, 133,934,862. For bonds, interest bearing notes and certificates retired, 200. For tho redemption of one year treasury notes, 5,057,000. For the retirement of national bank and federal reserve bank notes, 1,S72,265. For loans to the allies, 440,200,000. Total. ?9S5,342,3S7. During Ihe corresponding period last year, before America's entry into the war, the total was 81,026.866. The total expenditures of the current fiscal year to dale, 3.446,650.764, compared with 331,238,313 during the same period last year, an increase of more than 900 per cent Receipts for the fiscal year. Including Includ-ing 513,108,572 obtained in payments on the first Liberty loan and 2.020,-222.000- obtained through issuance of certificates of indebtedness, total $2,856,212,027, or about 500,000.000 less than expenditures. Thero still remains, re-mains, however, a balance 547,071,940, In the treasury the big balance of more than 1,100,000,000 the first of the fiscal year tho result of first Liberty Lib-erty bond payments having more than offset the excess of disbursements disburse-ments over receipts. 00 |