1959
1940
194 I
1042
1913
Certificate
1'lan
$26.001.000
26,440.000
36,713,000
55t.o32.000
J52.936.000
ft2.046.000
77.333.000
52.415.000
47.675.00f?
37.932.000
8&M6.000
33.600.0011
64,004,000
34,448,000
3fl.003.000
36.593.00fl
31,333.000
22,144.000
?16.895.000
?15,749,000
1,173.529,000
I and
Settlement
100,0110.000
31,300.000 $29,000,000
IV Is I
$289.954.'100
216.440.000 >
128.013.000 |
015.822.000
62,03?,00l> '
52.046,000 |
77,233.000 I
52.415.000
47.675,000
37.932,00(1 j
38.205.000
33.600. >00
64,004.000
34.448.0OO {
35,003.000
36,593,000 '
31,333,000 |
22.144,000
?16.80S.000
?15.749,000
1.173,528,000
Total...$3,879,800,000 $3,S79.800.0(K) $104.050 000 8181,390,000 $29,000,000 $2,905,740,000
?To thin should be added probably $100,000,000 per annum after 1923 If this scheme is to
: be carried through.
EXHIBIT 2.
Coat of certificate plan baited on 70 tmt cent. faldnt? certificates?and 30 per
borrowing and In default?35 per cent, of total possible certificates:
cent, of these
Repayment on
Account of
Fiiical Face of Loan* Loans (l"rlnclpal
Year Made During Year Only)
192 3 ?141,320,000
192 4 ?182,750.775
1025 ? 58,1.50.000
1926 SO.000.000
| 1927 50,000.000 $34,000,000
192 8 50.000.000 26.000.000
192 9 100.000,000 50,000.000
193 0 100.000.000 75.000.000
193 1 100,000,000 80,000,000
193 2 100.000,000 90,000,000
193 3 100.000.(XX) 00.000,000
193 4 100,000.000 95.000.000
193 5 125.000.000 100.000,000
193 6 125.000.000 120.000.000
193 7 125,000.000 120,000.000
193 8 ISO.OOO.OOO 125,000,000
1939 130,000.000 130.000.000
194 0 130,000,000 140,000.000
194 1 140.000,001) 190,000,000
194 2 150,000.000 200,000,000
194 3
Payment by
Government on
Account of Ma
turity
J26.640.000
26.640,000
26.713.000
26.826,000
26,936.000
27,046,000
27.233,000
27,415,000
27,675.000
27,032,000
28.205.000
28.600,000
20.004.000
29,448,000
30.008,000
30,593.000
31,333.000
32,144,000
33.105.000
34,251.000
1,173.528,000
Payment on
Account of
Default in
Loans
$477,706,000
Total. ..
?To Banks.
Total Pay
ment by Gov
inent
$26,604,000
26,440.000
26,713.000
554,532,000
52,936,000
62.fM6.000
77,233.000
52,415,000
47,675,000
37,932.000
38,265,000
3S.600.000
54,004.000
34,448,000
36,003,000
35,593,000
31.333,000
22,144.0f)0
?16,805.000
?15.794.000
1.173.528,000
?
$2,370,800,000
EXHIBIT 3.
I Maximum cost to Government.
