| Show limit on public debt the ceiling on the public debt will have to pie be raised again treasury officials say to make room tor for the seventh war loan this next big drive will open in may or june congress will be asked to push up the limit once more the boost the treasury wants is from the present billion dollars to billions the public debt outstanding now at maturity value is thus there is margin of oni only Y before the billion will have to be B raised A aaen ain for ath loan is reached c considerably csider more than 19 billion dollars worth of bonds maturity value must be sold in t the he seventh loan in the sixth loan more than 28 billion dollars worth of bonds were sold figuring them again at maturity value since a large part of these were sold on the three dollars will get you tour four in ten years basis the government realized about 21 billion dollars from the sale in his budget message on janu ary 3 president roosevelt stated that a further increase in the debt limit would be necessary before the end of the next fiscal year which would be on june 30 1948 1946 financial commentators expect that two boosts will be required before that date since the president estimated that the public debt would stand at billion dollars by the middle of 1946 at maturity valuation this would mean considerably more than billion dollars |
