Jasper County Democrat, Volume 23, Number 55, Rensselaer, Jasper County, 6 October 1920 — U. S. DEBT REDUCED $237,315,995 [ARTICLE]

U. S. DEBT REDUCED $237,315,995

Treasury Announces Payments Made During September. Washington, D. C., Oct. 2. —The nation’s gross debt was reduced by $237,315,995 in September, according to figures made public today by the treasury. Most of the reduction occurred In the floating debt or issues of certifi-. cates of indebtedness. Outstanding certificates now aggregate $2,347,791,OQO which is included in the total gross debt of $24,087,356,000. Government receipts for the month

totaled 1911,000,000, while expenditures fell below $500,000,000. This difference, which was larger than usual, was explained as due to a decline in the demands for funds from the railroads under the guaranty provisions of the transportation act.