DEBT BURDEN
OVER 30 BILLIONS NEW AMERICAN RECORD SALE OF SECURi.._S IBy Telegrajih—Press Association—Copyright] Received Dee. 2, 11.5 p.m. WASHINGTON, Dec. 1. The Treasury Department has announced financing operations which for the first time in history will raise the public debt above the 30-billion-dollar mark. Nine hundred million dollars in cash will be raised by the sale of bonds and notes ranging at from to 2f per cent, interest., while 418,000,000 dollars in maturing obligations will be refunded. The additional 900,000,000 dollars will make the public debt 30,488,000,000 dollars.
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Bibliographic details
Wanganui Chronicle, Volume 79, Issue 283, 3 December 1935, Page 7
Word Count
89DEBT BURDEN Wanganui Chronicle, Volume 79, Issue 283, 3 December 1935, Page 7
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