Tt involves finding a sum of $1. 150,000,000 to meet' maturing obli gations and interest on public debt End to provide funds for the construction Corporation.
The financial programme provi {for the issuance of Treasury Notes to the value of $750,000,000, bearing interest at 4 per cent. These notes will mature in five years.
So, called "certificates of indebtedness" will algo. be issued for $400, 800000, bearing inferent at 18 per Jeent. and maturing on September This a the American Treasury's cond aer. francal, eration during, the present fiscal Year, the first "having been the issue on August 1 of Treasury Notes to the five years.' This suim was ten times over-subscribed in one day—
Text read from the printed page and cleaned; old type leaves the occasional error.