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Show I A mil on Public Debt Will Have in lie Raised Again for 7th Loan The celling on tho public dobt will have to be rallied nen In. treasury official say, to riinko room for tho BcvrnUi war loan. This next big drive will ripen in May or June CniigiTKH will be anked to imr.lt up the limit oiiee mure. Tli bcnnit the trrunury wmilii Is from llm present 20 billion do 1 1 ii lis to 300 IiIIIIoiim. The public debt oi it h I u itl I nff now, at maturity value, Is $24 1 .010 Rill),- 1 nr.3 Thus there In miiiKln nf only $111 BII0,1III),147 liefme tlm 200 billion dollar llmll Is reached. Considerably Consider-ably more than 19 billion dollars worth of bonds (inahirlly valor) giust be sold In tho seventh loan. In the sixth loan, more than 2H billion dollars worlh of bonds were old n t: 1 1 1 1 m i : them m:.ln al maturity vullio. Since A Inr.e part of Ihekr were sold on tho "Hirer dollars will iet you four In leu yearn" basis, tin government realled it I mil t 111 billion ilollnrn from the mile In bis budget nii'Miane on Jiinu- nry 3, President Roosevelt slated that a further Inereaso In the Ooht limit would bo necessary brtore tho end of Ihtf next Mwcnl yrar. which would bo on Juno :t(). 191(1 Financial commentators expect that two tioo.its will bo rruiilred before that dali, since the President vstl mated that the public debt vvnllUt stand nl '.!!'.! billion dollars by tin niliblle of Ill-Ill Al maturity vnlu n t u in, this would mean cnnulilcruhli more than 31)0 billion dollars. |