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Statement of the public debt of the United States outstanding at the close of business June 30, 1921-Continued.

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1 The total gross debt June 30, 1921, on the basis of daily Treasury statements, was $23,977,450,552.54, and the net amount of public debt redemptions and receipts in transit, etc., was $1,199,944.14. Accrued discount calculated on basis of exact accrual at rate of 4 per cent per annum compounded quarterly, with due allowance for cash redemptions to date.

* No deduction is made on account of obligations of foreign Governments or other securities held by the United States Treasury.

Issues of soldiers' and sailors' civil relief bonds not included in the above: Total issue to June 30, 1921, was $195,500, of which $141,700 has been retired.

BUDGET STATEMENT No. 16.

Cumulative sinking fund account, fiscal year 1921.

[To nearest one hundred dollars.]

Debits.

A. Balances at beginning of year, July 1, 1920..

B. Sinking fund appropriations:

1. 24 per centum of aggregate amount of Liberty bonds and Victory Liberty loan notes outstanding on July 1, 1920, less par amount of obligations of foreign governments purchased under the several Liberty loan acts and held by the United States on July 1, 1920 (sec. 6, Victory Liberty loan act of Mar. 3, 1919)...

2. Unaccrued interest on Victory Liberty loan notes purchased up to June 15, 1921 (par. (a), sec. 6, act approved Mar. 3, 1919).

Total debits..

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Estimates of appropriations required for the service of the fiscal year ending June 30, 1923—Continued.

General object (title of appropriation), date of acts, references to Statutes at Large, or to Revised Statutes, and estimated amount required for each detailed object.

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Estimates of appropriations required for the service of the fiscal year ending June 30, 1923—Continued.

teral object (title of appropriation), date of acts, references to Statutes at Large, or to Revised Statutes, and estimated amount required for each detailed object.

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Assistant librarian (the act of July 16, 1914, appropriated $1,800, which was increased
by House resolution of Aug. 1, 1919, to $2,100, which amount is carried in the act of
Mar. 3, 1921, for the current fiscal year. The anomaly is presented of the librarian
and an assistant receiving the same amount of compensation) (acts July 16, 1914,
vol. 38, p. 459, sec. 1; Mar. 3, 1921, vol. 41, p. 1255, sec. 1).
Assistant file clerk (same acts)..

Clerks

3 at $2,000 each (submitted). 5 at $1,800 each (submitted). 4 at $1,600 each (submitted).

Explanation: Recommended in lieu of the following: Clerk at $1,800; assistant librarian, and messenger and assistant journal clerk, at $1,800 each; 3 clerks, at $1,680 each; bookkeeper and assistant in disbursing office, at $1,600 each; 4 assistants to chief bill clerk, at $1,500 each, as provided in the act of Mar. 3, 1921 (act Mar. 3, 1921, vol. 41, p. 1255, sec. 1).

This arrangement would make possible the detail of these clerks to any duty that may be required of them according to their respective experience and ability, and permit of promotions and demotions, when desirable. The net increase would be $1,760.

Stenographer to Clerk (increase of $600 submitted) (acts July 16, 1914, vol. 38, p. 459, sec. 1; Mar. 3, 1921, vol. 41, p. 1255, sec. 1)................

Explanation: The duties are those of a confidential secretary to the Clerk, and are many and varied. The proposed salary is hardly commensurate, and the present salary is totally inadequate. Locksmith and typewriter repairer (change of title submitted) (same acts).. Messenger in Chief Clerk's office, and assistant in stationery room (same acts).. Messengers, 3, at $1,100 each (titles dropped to permit of their detail wherever necessary) (same acts).....

Stenographer to journal clerk (same acts).

Nine telephone operators, at $1,200 each (act Mar. 3, 1921, vol. 41, p. 1255, sec. 1).. Three session telephone operators, at $100 per month from Dec. 1, 1922, to Mar. 31, 1923 (same act)..

Substitute telephone operator when required, at $2.50 per day (same act)..

Explanation: The increase of $25 per month for the annual and session telephone operators here submitted is in accordance with a concurrent resolution adopted by the House July 26, 1921, pending in the Senate.

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Explanation: This is an increase of one laborer, at $900, for duty in the bathroom, made necessary by the superannuation of a faithful employee who has been in the service of the House over 50 years, but who, by reason of employment in the legislative branch, can not receive the benefits of the civil service retirement act. The nine laborers are recommended at the same compensation and in lieu of the following: Six laborers, at $720 each; page in the enrolling room, $720; two janitors, at $720 each.

Allowance to Chief Clerk for stenographic and typewriter services (acts July 16,
1914, vol. 38, p. 459, sec. 1; Mar. 3, 1921, vol. 41, p. 1255, sec. 1)...................
Total...

Clerks, messengers, and janitors to committees:

Accounts:

Clerk (same acts).

Assistant clerk (same acts).

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2,700.00

6, 480.00

1,000.00

$113, 680.00

2,500.00
1,800.00

Janitor (same acts)..

Agriculture:

Clerk (same acts)..

Assistant clerk (same acts).

Janitor (same acts)...

Appropriations:

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1,000. 00

2,500.00
1,800. 00
1,000. 00

5, 000. 00 4,000 00

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