National Debt at $44,938,000,000; Income Rising Washington, Jan. 5.
ENT Roosevelt's defence requests surpass all peage time armament budgets, authoritative sources said last night. The President's requests include the simultaneous construction of ten battleships and 106 other warships.
Semi-defence items make a tota! of $2,336,137,000, or one-quarter of the entire budget.
Mr. Roosevelt asked for an increase in Naval aircraft, to 3,000 planes and Army aircraft to 6,550, totalling 9,550 aircraft by the end of the fiscal year. He also asked for an increase of the nation's armed forces to 227,000 National Guards, 160,909 Navy men, and 25,000 Marines, totalling 647,911 men. on sterling securities registered or inscribed in their names or the names of their nominees, interest or dividends on sterling bearer securities collected for them by a bank having custody of the securities.
Permission to transfer sterling securities from a resident to a nonresident will normally be given if the full current market value has been paid for them in sterling—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.