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Show AMERICA STILL RICHEST NATION Monetary Wealth Totals Over Eight Billions as Year Opens By . II in T0HIN8ON finternatton.il Nfcws Service) Washington. Dee. 31 The United Unit-ed States government with a monetary wealth of $R. 224. 000. 000 entors the New Year as tho richest nntlon on arth. SOME IN TREASURY Th government winrtu up its i;i affairs tonight with a cash balance of approximately $470,000,000 n the treasury. At the same time the publlo debt stood at $23,46L',OO0,O0O. a reduction reduc-tion of about $450,000,000 being effected effect-ed during the year. Treasury depart ment figures show-Id show-Id that $5,618,000,000 of Unole Sam's monetary wealth v:is In actual circulation, circu-lation, the remainder b-Mng held in the treasury as guarantees for silver certificates. cer-tificates. Subsldtarj silver coins total $27.800 00u ol which about $260,000;-000 $260,000;-000 are In circulation. TOKENS I W I M i ll Included In the nation's monetary wealth are $446,0no.00o In 1'nlted States notes, $2,796,500,000 In federal reserve notes; $llS f.OO,000 In federal reserve bank notes and S749.7')0.000 In natlonnl bank potes. Some of thse bank notes are held In the treasury, but the amount in actual circulation tonight totals approximately $3,64 2.-000.000. 2.-000.000. There are also In circulation circula-tion gold and silver certificates, backed back-ed by the deposits held In tho treasury. treas-ury. During the year tlm government' paid off more than $3,000,000,000 on the public debt but created new debts totalling approximately $2,650,000,000 In round figures. This accounted for a reduction of $450,000,000 In (ho total to-tal public debt. . -Tin |