Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-10
GOVERNMENT REIMBURSED
Obligations Cleared Of Last Year,
1851, ,6S7.40.
DUE TO CUT APPROPRIATIONS
District Authorities Would Prefer q
More Liberal Attitude on the
Part Of Congress.

Washington is getting out of debt fast
er than any city in the United States.
Information placed before the Commits
sioners Of the District is said to estab-
lish this fact 1t was learned today that
the total payment on the debt last year
amounted to 81. .591. .6S7.4O.
1t is no secret that the local authorities
believe the Districts Indebtedness is be-
ing reduced at too rapid rate. The
reason for the rate is to be found in
smaller appropriations by Congress for
District improvements.
The payment of approximately million
and half dollars last year toward the
ext1nguishment Of the municipalities obli-
cations is said to be almost a record
breaker for city the size of the capital
1t was the biggest payment of the kind
the District has made in any year
More Liberal Appropriation Sought.
More liberal appropriations by Congress
for much needed local improvements.
which would reduce the funds available
for applying on the Districts debt. but
leave q sufficient amount for extinguish-
ing the Indebtedness at a fair rate. would
constitute a policy which. il is under
stood, would be most pleasing to the Dis
trict Commissioners.
An interesting situation has been
brought about in connection with the
rate at which the debt is being dis
charged as a result of the provision in
the sundry civil bill for payment by
the District to the Government Hos
pital for the Insane Of an amount To
cover the cost of maintaining certain
patients in the institution during the
fiscal years 1881 to 1911. inclusive.
Repayment Of Advances.
Last year the District paid out OF its
own revenues the amount OF $S86.020.65
on account of advances made by the
United States government and, at the
present rate. would extinguish this OBJ
legation in two years.
However, should the District be required
| to pay to the Government Hospital for
the Insane $769. 5000. as provided i'm the
patients maintained in the hospital in
excess of the number charged to and
paid for by the District in the years
named. it will have available next year
account of advances made by the United
States.
District Payments.
At the beginning Of the present fiscal
year the Districts total bonded indebt-
edness was $S,2JS. $50. AS previously
stated, the amount of $3.50, ,O2O.65 was ap-
piled last year on the debt of advances
| by the United States, which reduces that
obligation to $1,779 O61. 16 Should the
District not be required to reimburse
the Government Hospital for the Insane.
| it probably could wipe out this obligation
by the end Of the next fiscal year.
June 80. 1911, the Districts debt on park
improvements amounted to $55, 20
This was increased to $27S.905.16 during
the fiscal year that ended June 30, 1872.
IT orl 4, Dt,1i fhar
| last year the amount of $76.016.15, which
leaves a balance of 500. .SSs.41. Three
| more annual installments will wipe out
this amount.
Payment made on the bonded debt
during the fiscal year 1912 was $685.
| $50, the method for extinguishing the
indebtedness being on the half-and-half
principle of appropriation.
The entire amount paid by the District
toward the extinguishment of its obliga-
tions last year is found in the payment
of $3.50, 6,O20.65, on account advances BY
the United States; $76.016.75 on account
of park improvements and $629.650 On
| account of the bonded debt, or a total
Of 1881, ,6S7.40.