| Show FINANCIAL HISTORY i OF Us S IN WAR CREDIT AND BUSINESS STRUCTURE OF COUNTRY SOUND AND STRONG Skee tri mad mcadoo tell tella how nation paid 0 billion 1 in times taxes and raised railed four great liber liberty ty loans puring Dureg world war washington tit the new financial anceal his history t ory of america Ae Ica s part lo in the war is set forth by secretory secretary mcadoo in its ills an nual report drafted beaole liis his resh dart bad anil made public on december 4 by tile the to c it 1 Is tile the his history I 1 cry of how the anict Ameil 1 can p people cap Is P paid aid lit all I 1 lions ilene in 11 tates pt red redd raised d four great lib eity it loana Is and created a Down ti dous pool paul of cledia willi olit choh tile the treasur blough its III in ganv var mar agencies paid tile the bit bills I 1 5 of the alaor bud and 1113 the lit ill ping board and other agni t departments looked loaned billions to the ill al lies lie bud and millions to ad war industries helped is support the to ballick of s bold leia and oil sailor and tided farmers rier pe lie clods a of I 1 Imen cial salil 1 llie lie thil civil establishment of the llie g gov v during tile the defte spent 1507 1 OIK while the me war derailment dep ailment spent 3 and ad tile the navy likey 1 jog RUO for of the army filone alone tile the government paid out av 4 tim the faial at expenditure UZ included the c construction I 1 a of new es sels itle clarl machinery diou knowlt kno olt equipment and ad U at navy yard to to tal I 1 ordinary oid inary lush I 1 rI ments tor for the v beai on amounted led to and receipts op opts idia excluding I dig money r re 11 bened led from liberty louns loans arnona ted to 4 I 1 im to allies do during the I 1 ear amounted to 4 isto usi addition ill hi 1 bolog lolog forward secretary mcadoo f found great difficulty in fore forecasting cair for fill the current daal ae tear ends next june 30 30 on tie ac mo count t of tile the budde colu coming ilog of pence peace estila ates wit which P eh he pr presented tired are based on calculations of inch each depaci t ment cut in ad advance ade e of rep revisions lck since 1 I e the ath signing of if the miti and ad lie does not co consider them reliable N with ith thi nation ur mr mcadoo forecast e ex for far tida lear ear at 20 for government pups pup pui poses s and 4 for I 1 loans to to alles los curf ad 82 2 40 tor far redemption 0 of on out standing cei D tl fites and other othe r debt car cancellation collation cel lation total estimated it dK ill burie or merit for the belf were to put let at 27 too |
