Show limit on public debt will hwe have to be B e raised raise d again for ath loan the ceiling on the public debt will have to be raised again treasury officials say to make room tor for the seventh war loin 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 irom from the present billion dollars to billions the public debt outstanding now at maturity value to Is thus there is margin of only before the boon billion dollar limit Is reached considerably more than 18 19 billion dollars worth of bonds maturity value must be sold in the seventh loan in the sixth loan more than 28 billion dollars worth ol 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 four our in ten years basis the government realized about 21 billion dollars from the sale in hii bis budget message i 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 1048 1940 financial commentators expect that tha 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 moa more than billion dollars |