davidaulloa/AmericanStories huggingface dataset:
The Nome nugget., 1923-08-25
E ASSOCIATION PLACER
 MINING CLAIM:

Beginning at Cor. No. l. spruce post I ins. sq.. scribed 1B 1881, U. s. L. M No. 1892 bears N. 34 deg. 02 min. E., 2931.00 feet; Thence S. 27 deg. 42 min. W, 2094O0 feet to Cor. No. ?. spruce pest ins. sq., scribed 2B 1881; Thence S. 50 deg. r min. w., 317O50 feet to Cor. No. 3, identical with Cor No. ? A. Association. this survey, prev iously described; Thence N. B A Association, this survey 792S0 feet to Cor. No. 4. identical with Cor. No. l A Association. this sur vey. previously described; Thence N. 56 deg. 31 min. E., 2967.G0 feet to Cor. No. ,. a spruce post ins. sq.. scribed 5B 1881; Thence N. 19 deg. O9 min. E.. 1S74.00 feet to Cor No 6, a limestone 30x12x12 ins., 15 ins. in ground, marked 6B 1891 and cross, (-) on p surface for true point, with earth and stone mound it. high alongside; Thence s. 76 deg. "A min E., 7S7. % feet to Cor. No. l and place of beginning. containing an area of 72.475 acres. All posts herein described are 3-,a feet long, 2 feet in ground. with earth mound "A ins. base and 12 ins. high around same. Magnetic varia- ton 19 deg. O5 min. E. to 19 deg. 45 min. E. All corners are ideu- tcal with location corners.
 This claim is on unsurveyed ground on Arctic Greek and Grip pie River, abont Is miles north westerly from the Town of Nome, and about 5 miles from Boring Sea, in Cape Nome Recording Precinct, Territory of Alaska.
 The Notice of Location of A Association Placer Mining Claim is of record in the office of the Recorder of Cape Nome Record ing Precinct, Territory of Alaska, l in Volume POS at Page GA, and | diation Placer Mining Claim is of record in said office in Volume 190 at Page 305.
 The Croesus Association Placer. Sur. No. 1260. adioins this survey along line 45; No. below on Arctic Creek Placer, Frank Hall Claimant. adjoins line 6-1 (un- surveyed) and Manhattan Placer. unsurveyed, adjoins line 2-3, A Association, claimant unknown On all other sides. unsurveyed; claims and claimants unknown. There are no conflicting claims.
 The Mineral Monument to which this survey is tied is locat- ed and described as follows: U. s. L. M. No. 1892 is a schist slab 4x2 it., projecting l it. above sur face, marked U. s. L. M. No. 1882 and cross CD On top surface for true point. with stone mound 6 it. base, 1t. high. south side of same. and is situate on side of mountain approximately 300 it. above Arctic Creek. about 1900 or 1900 it. s. 33 deg. 35 min. E., from junction of Rock Creek with Arctic Creek. and in Latitude 64 deg. 3S min. N, Longitude 165 deg. 47 min. W.
 JOHN sUNDBACK.
 Register Publish Aug. IS. 25. Sept. 1, 8. 15, P, 29. October 6, IS, 1923.
The Nome nugget., 1923-08-25
NOTICE OF APPLICATION
 FOR PATENT. VI. $. No. 1851. M. \. No. O6O5

IN THE UNITED STATES LAND
 OFFICE. AT NOME, ALASKA.
 August 18th. 1923.
 NOTICE IS HEREBY GIVEN that the HAMMON CONSOLIDATED GOLD FIELDS. a corporation or ganized and existing under and by virtue of the Laws of the State of Maine, whose postoffice address is 433 California Street. San Francis co. California, has, by H. R. ED- WARDS, it's duly authorized agent, whose postoffice address is Nome, Alaska, made application before the United States Land Office at Nome. Alaska, for a United States Patent for the LAURA BENCH Placer Min ing Claim, which is situated on the left limit of Newton Creek. about three and three-quarters miles NE. of the Town of Nome, in the Cape Nome Recording Precinct. Territory of Alaska, Second Division, and designated b ythe Surveyor General of the Territory of Alaska. as Min eral Survey No. 1851; the exterior boundaries of said claim, according to the plat and field notes of said Survey now on file in the said Land Office with a magnetic variation Of IS deg 55 min. to l9 deg. Is min. East, being as follows:
The Nome nugget., 1923-08-25
MINERAL APPLICATION

M. S. No. 1882. NJ. 4. No. O6O.. IN THE UNITED STATES LAND
 OFFICE, AT NOME. ALASKA.
 August 17, 1923. NOTICE IS HEREBY GIVEN that A. L. KEENE, whose Pest Office ad- dress is Nome, Alaska. has made n annlication in the Urfted States Land Office at Nome in the Terri tory of Alaska. for United States patent for placer mining claims known and described as Associa- tion; F. Association and G Associa- tion placer mining claims, on Arctic Creek; Buff Creek and Mammoth Creek, in Cape Nome Recording Precinct. Territory of Alaska, being under Mineral Survey No. 1882. Said claims are more particularly described in the field notes and plat of the official survey thereof now on file in said Land Office, and as follows tO-wit:
The Nome nugget., 1923-08-25
LAURA BENCH CLAIM PLACER.

Is Beginning at Cor. No. l. identical with Cor No. Roosevelt Bench Placer. Sur. No. 1909, a fir post fl. long. ins. sq.. set in earth mound scribed 1851 4 1909. Whence [. s. L. NJ. No. 19 bears S. 53 deg. 56 min. E. 4174.40 fl. Thence N 21 deg. 40 min. W. 671.OO 1t. 10 Cor No. ?. identical with Cor. No. l of No. s Below Discovery East Fork Newton Gulch, Cor No. 6 of No. Below Discovery, on East Fork Newton Gulch. Sur. No. 11S2, fir post same size and similarly set as at Cor No. 1. scribed 1851 1 11S2 l1S2, Thence S. 59 deg. 55 min. W. 94S.20 fl. to Cor. No 3. identical with Cor. No. Capital Claim, Sur. No 1884, and Cor. No. 4 Sur. No. 1166, a fir post same size and similarly set as at Cor. No. l. scribed to indicate the claim Cors. il marks. Thence s. 50 deg. 03 min. E. 673S0 it. to Cor, No. 4, identical with Cor. No. l Capital Placer. Sur. No. 1854. fir post same size and similarly set as at Cor. No. 1. scribed 1851 1 1894. Thence N. 62 deg. 43 min. F.. 62100 it. to Cor. No. l and place of begin- ming. containing an area of 1l.652 Acres. The area in con- fi'c' with Roosevelt Bench Placer. Sur. No. 1909 of .635 acres is excluded from this Survey leav- ing net area of the Laura Bench Placer Claim for which patent is asked. of 1l.o17 Acres.
 The adjo ming claims are: On the North, No. : Below Discovery East Fork Newton Gulch. Sur. No. 11S2; on the East, ursurvey- ed. name of claims and claimants unknown; On the South. Roose- welt Bench, Sur. No. 1909; on the West. Capital Placer. Sur. No. l32A.
 T. s. L. NJ. No. 19. to which this Survey is tied. is fir post ( ins. sq.. f.. above the ground, in earth mound. fl. at the base and 2 fl. high. scribed USLM No. 19, situated on the Right Limit of Otter Creek. about 3 miles North of the mouth of Nome River, in Lat. 64 deg 42 min. N, Long. l65 deg. IT mn. W
 JOHN SJ-NDBACK.
 Register
The Holly chieftain., 1923-07-05

l. /. GoRBY, MINISTER.
The Holly chieftain., 1923-07-05
Catholic Church Services

Holly-S st. Joseph's Church
Masses: First and third Sundays,
1000 a. m Second and fourth Sun
Gays 500 a. m. Sunday School after
the masses Communion for adults
the second Sunday OF month. Com.
munion. sor children the fourth Sun
day of month
Bristol st. Mary's Church.
Masses: First and third Sundays
500 a. m. Second and fourth Sun,
days 1000 a. m. Sunday School after
ter masses. Communion for adults
first Sunday of month. Communion
for children third sunday of month.
Granada-Sacred Heart Church.
Masses: Second Saturday Of month
900 a. m. Fifth Sunday OF month.
Sunday School: First and Third
Sunday 200 p. m.
Hartman.
Sunday School: Second and four
the Sundays 300 p. m.
Short Instructions or sermons at
each of the services.
FATHER d. A. BARRY.
The Holly chieftain., 1923-07-05
METHODIST EPISCOPAL
CHURCH SERVICES

Sunday school g:45 a. M, II. A.
Rose superintendent Glasses for
al ages. Brotherhood class.
Preaching II A. NJ.
a Practical Question hear this
message.
Junior League7 P. NJ. Under the
Balcony Church Auditorium
Young Peoples League Z p NJ.
Sunday school room A live SER
vice for young people.
Preaching s P. NJ.
Eyangelistic service, song and
praise message.
Md-week Service Wednesday 7:45
Bring your Bible. Pencil, Paper,
Friends.
Choir Practice Thursday. Junior
7:20-Senior 500 y. m
First call for election of one dele
gate and reserve delegate to attend
the Annual Conference at Lamar,
September Z, 1928,
Splendid crowds at all services
Sunday, among them several new
faces. We invite you to worship
with us and enjoy our fellowship.
Our specially is the Gospel
Our rInvitation-To all who mourn
and need comfort: to all who are
tired and need rest. to all who are
friendless and want friends; to all
who are lonely and want compan.
ionship; to all who are homeless
and want sheltering love; to all
who pray, and who do not--but
ought to; to all who have sinned
and need a Savior; and to Whomso-
ever viii, this Church opens wide
its doors in the name of Jesus say
ing Welcome.
AS an act of patriotism come to
Church Sunday. Don't stay at home
for the Big Sunday dinner-Get a
Il fireless cooker Don't stay away
on account Of the Sunday papers.
We have something better The
church is the only Institution in
the world that schools and enter
'tains you free.
This is the Homelike Church with
the HOme-like Services.
The Church that is different.
The stone Church on the Corner
r. Z. SCARFFE.
Minister in Charge
Alice Adkins,
Organist.
The Holly chieftain., 1923-07-05
HOLLY BAPTIST CHURCH

Rev. Il. M,Graham, Pastor
Sunday School. ol.,........................,l0 A. NJ.
Preaching ...,,... II A. NJ. and s p. NJ,
b. Y. p U. .................. P. Nj.
Mid-Week PRAYER Meeting and study
OF the Sunday School lesson We'd
nesday at P. NJ.
H. G, Merrifield supt. OF Sunday
School,
The Holly chieftain., 1923-07-05

Our business is to help folks
heavenward. We believe the only
guide today as always in all things
spiritual is thg bible-2 Timothy
3-l6:H. Thus saith the Lord, is the
final word. Come and getN the up
lift of gospel song and message.
The male quartet will sing at the
evening service. Regular monthly
ChiIdrens Church and Sermon by
object and illustration will be Civ
,en at II A NJ Get the little folks
out and have them acquire the
church habit
Strangers and tourists and new
comers in Holly especially well
come.
The Holly chieftain., 1923-07-05
PIANO SACRIFICED

A beautiful piano in fine condi-
sion is left on our hands il Holly
Big reduction in price for immediate
sale Terms to responsible party
For full details, write The Bald
win Piano Company, 1896 California
Street, Denver, Colorado. 2-3-4
The Holly chieftain., 1923-07-05
WANTED
OLD PAPERS

Old papers at The Chiftain Office
at five and ten cents bundle.
The Holly chieftain., 1923-07-05
PRESBYTERIAN CHURCH

Services July sth.
ll:OO A. M-Subject. "A Call to
the Undecided"
Subject 500 P. M-"Modren
Science and Christian Religion
Sunday school at 1000 A NJ, well
organized classes for all
Mid-week meeting. Wednesday at
500 p. NJ
Mothers may leave children at the
aianse during the morning service,
rom II to IL Am. Provisions will
be made for thh care so that the
mother may attend chnrch,
1t will be the policy of this
church to make all services brief
during July. ~
IL. GORBY, MINISTER
The Holly chieftain., 1923-07-05
o

unimproved Grass Land Finney
Scott and other counties for sale
eroplpayment plain. $l7 to $35 acre.
Ely or Powers, Garden. City, Kans.
50-52-24-6-S
The Holly chieftain., 1923-07-05

WANTED Men or women to
take orders for genuine guaranteed
hosiery for men, women, and child
rem. Eliminate darnihg. Salary s75 a
week full time. Sl.50' an hour spare
time. Beautiful Spring line.
international Stocking Mills.
NOrristown, Pennsylvania.
The Holly chieftain., 1923-07-05
need FOR UNIFORMITY
IN BUSINESS LAWS
How Collection of lust Debts May
Be Prevented by Differing
State Statutes.

An effort to bring about better CO
ordination and greater uniformiat
among state laws dealing with bust
ness and banking is being made by
the American Bankers Association.
1t is pointed out that, although the
country is a unit commercially, and
citizens of any one state may do bust
ness that reaches all over the coun-
try, most laws. governing business
transactions are made by the differ
ent states, with application limited
20 their own local jurisdictions and
often in conflict with laws in other
states 1t is held that state laws
should be uniform SO that the same
transaction Will not be subject to
different sets of rules according as
state laws differ
To Illustrate the disadvantages of
conflicting laws, the following Illus
tration is given: Mr.. Jones lives in
New York where the statute of limita-
tions outlaws note in six years. He
falls into the error of assuming that
the same rule prevails everywhere.
He visits Maryland and loans $1,000
to his friend, Mr.. Smith, taking
promissory note. AS the note carries
interest Mr. Jones is in no hurry for
his money and he believes Smith to
be financially responsible. Finally at
the end of four years Jones concludes
he has loaned Smith the money long
enough and seeks to collect the note
from him. But Smith can deny l.abil-
ity and point to the statute of Mary
land which Jones is surprised to
learn outlaws a note after Tee
years.
Changes Recommended
The particular subjects OF legisla-
ton recommended by the association
for enactment by State legislatures
during 1928 include uniform acts on
negotiable instruments, bills of lad
ing, warehouse receipts, stock trans
fer, and fiduciaries
Under the head of laws for better
protection of banks in particular
transactions are proposed measures
dealing with limiting liability on Ger
titled check: Instruments based on
gambling or usurious consideration;
time limit on stop payment; payment
of stale check; adverse claim to bank
deposit; payment of forged or raised
check; deposits in two names; de-
posits in trust; competency of bank
and corporation notaries; non-pay.
ment of check through error; Satur-
day afternoon bank transactions, and
forwarding check direct to payor.
Under the Federal Reserve and
foreign banking are recommended
laws on membershipeof state institu-
tions in Federal Reserve System, and
foreign banking. Penal laws pro.
posed deal with false statements for
credit. slander and libel of bank.
checks or drafts without funds, and
burglary with explosives.
The Holly chieftain., 1923-07-05
OLD PAPERS

Cid papers at The Chiftain office
at five and ten cents bundle.
The Holly chieftain., 1923-07-05
You can buy 9x12 Congoleum rugs
for $ll.65 These are without Dor
der. Nlorich Furniture Co.

Money to loan on improved and
unimproved land, interest six. com
mission reasonable. Cell or write
Burton Land Investment Co. Syra-
cuse. Kansas. tt
The Holly chieftain., 1923-07-05
Bible Thoughtsfo
the Week

Sunday.
THE TEMPLE OF GOD.-Ye
are the temple of the living God
as God hath said, will dwell in
them; and will be their God, and
they shall be my people.-u Cor.
| GIG.
Monday.
REJOICE IN CIRCULATION
Happy Is the man whom God cor
recteth: therefore despise not thou
the Christening of the Almighty
Job 5:17.
Tuesday.
SELF-MASTERY. = Keep back
thy servant also from presumptu-
GUS sin; let them not have domin-
ion over me; then shall be up
right. and shall be innocent from
the great transgression. Let the
words of my mouth, and the medi-
tations Of my heart, be acceptable
In thy sight, o Lord, my strength.
and my Redeemer.--Ps. 9:13, IA.
Wednesday.
YE WILL REAP WHAT YE
SOW.-Be not deceived; God is not
Knocked: for whatsoever a man
soweth, that shall he also reap. For
he that soweth to his flesh shall of
the flesh reap corruption; but he
that soweth to the Spirit shall Of
the Spirit reap life everlasting. And
let US not be weary In well doing;
for in due season we shall reap, II
we faint not.--Gnl. 6:7-9.
Thursday.
THE LORD SUSTAINS.-They
shall run and not be weary: and
they shall walk, and not faint.-Isa.
:31.
Friday.
WONDERFUL GOODNESS.-Oh
that men would praise the Lord for
his goodness, and for his wonder
full works to the children Of men.-
Ps. 107 :S.
Saturday.
A DAILY PRAYER.-Let the
words of my mouth. and the medl-
tation of my heart, be acceptable
in thy sight, o Lord, my strength
ind my redeemer.-Ps. 1914.
The Holly chieftain., 1923-07-05

For Rent: A light housekeeping
room.
Mrs. Bert Lewis 1t.
The Holly chieftain., 1923-07-05

For sale or trade: REQ truck.
Take cattle and horses. l6 Mile
South, west OF Holly.
A. L. Swisns Sd pd
The Holly chieftain., 1923-07-05
CHRISTIAN

Sunday School each Sunday at the
Tabernacle at----l0:00 n, m,
Communion services after Sunday
School.
Rev. Ed. s. Mckinney holds regu
lar services at the church every
fourth Sunday.
The Holly chieftain., 1923-07-05

Frank Lanes son living near
Cheney Center was thrown from his
horse while driyig cattle and rend-
red unconcious but was revived.
The Washington times., 1923-02-19
Chicago Live Stock.

Hogs-Receipts, $1,000; market,
1Oc slower: bulk. $7.65@S.10; top,
1925; heavyweight, $7.65@7.90:
medium weight, $7.75@S.10: light
weight. $7.90@S.25; light lights,
$S.00M8.25; heavy packing sows,
smooth, $6.S5@7.15: packing sows,
rough. $6.4O@6.SO; Pigs. $7.OO@S.00.
Cattle-Receipts. $1,000; market,
steady to l5c lower. Beef steers,
choice and prime, $1O.5O@11.50;
medium and good, $8.50@10.00;
good and choice, $1O.50@11.50: com
mon and medium, $S.00@9.5O.
Butcher cattle, heifers, $5.00@9.50;
cows, $4.50@7.5O; bulls, 3.50@7.00.
Gamers and cutters, cows and
heifers, $2.50@4.35; Gamer steers,
$4.O0@$6.00. Veal calves, light ana
handyweight, $11.50@13.50; Feeder
steers. $5.50@8.00; stocker steers,
$5.50@7.75: stocker cows and
heifers, $3.50@5.25; stocker calves,
$5.5O@7.5O.
Sheep-Receipts, $1,000; market,
CSC lower: fat lambs, $14.25@15.25;
lambs, culls and common, $1,000
1900; yearlings, $11.O0 a 1850:
vethers, SO0@10.OO; ewes, 1000
&25: ewes, culls and common.
So 5O@5.5O; feeder lambs, $14@15.25.
The Washington times., 1923-02-19
Chicago Grain Market.

CHICAGO, Feb. 19.-All the
grains opened slightly higher and
stronger today At Liverpool wheat
was up Il pence at the opening,
and at o'clock was Il q "a pence
above the previous close. Initial
prices here We're:
Wheat-May, $1.20A al. 201a; July,
$1I6x @1161a; September, $1.14s q
1.16.
Corn-May. 755s GbT6c; July, 76A q
76Nc: September. 77%c.
Oats-May, 46as @461sc; July. AS
m45Ac.
Rye-May. sec.
Wheat started with general COM
mission house buying and limited
offerings until upturns ran into
profit-taking sales by longs. Local
professionals led the buying in corn.
Offerings were moderate. Offerings
I'm oats were light and buying was
scattered.
| II is pointed out by one local
house that liquidation of wheat
holdings last week was so extensive
that the market needs time to di-
gest it, 1t was said that conges-
lion at Eastern points and failure
of the visible supply to decrease
shows the state of the cash grains.
The market, it was argued, is moro
likely to meet good selling on all
rallies than important \buying.
The Washington times., 1923-02-19
MARKET
SHOWS FIRM
A"=
TONE
Steel, Equipment, and Motor
Stocks Gain in Early
Trading.
py co.,noholltan sew serylce.

NEW YORK, Feb. 19.-The stock
markets firmness in the first two
hours today reflected the growing
confidence regarding the business
outlook Continued strength in
prices of many commodities, accom-.
panied by expanding demand, were
the dominating factors in the price
movements of most stocks. The adj
vance in sterling exchange to 469 v
a new high since 1919, was also a
cheerful incident, suggesting that
Great Britain, too, was destined for
prosperity at home in spite of the
troublesome conditions on the con-
tinent.
Steel Strong.
Reports of booming conditions in
the steel districts accounted for the
strength displayed by United States
Steel, rising nearly point to 10S.
Gulf States Steel led the independent
group with a two points advance to
943s.
The equipment group presented a
firm front, but fluctuations were
AAIAAbSOs AOdAOW1lls GAbCA1 4ILb
met with profit-taking, yielding over
a point to 1879.
The copper group stood out most
conspicuously, due to the sustained
inquiry for the metal. New high
records were reached by Anaconda
at Sis Kennecott at 1915 and
Inspiration at Al. Utah Copper at
70% and Cerro de Pasco at 46%
were also consistently strong.
General Motor featured the motor
group. establishing new high at
151a on run1ors of impending favor
able dividend action. Studebaker
was quiet at 1917. Kelly Spring
field in the tire division was we'll
bought, advancing point to 55 3s, in
response to the splendid report for
1922, showing surplus available for
the common stock equivalent to
1924 share.
Trading in the oil stocks was on
a moderate scale, but a good tone
was evident in most issues. Texas
Oil gained point at SO. Advances
from fraction to a point were
registered by Pan-American at 82A /;
Standard Oil of New Jersey at II u
and California Petroleum at 85h.
Interest waned materially in the
sugar group, aILnOuSn CUBAN cane
preferred improved nearly a point
at 81 and Punta Allegro gained
fractionally at 57ss. E
Rail Stocks Quiet
Aside from some good advances
in high priced issues, dealings in
railroad stocks were light. Louis
vile and Nashville, which is making
a record showing in earnings, rose
four points to las and Atlantic
Coast Line attracted attention by
jumping two points to 120. Rock
Island was conspicuous among the
low priced shares, advancing more
than a point to 81.
Transactions in specialties were
confined to few issues, among
which Corn Products rose to 1861,
a gain of nearly three points. Con
tinental Can was another strong
spot at so. North American was
subjected to profit-taking. yielding
about four points to 112A.
Money renewed at 5 per cent.
Cotton was reactionary and from
seven to nineteen points lower.
The stock market was less active
but steady at noon.
The Washington times., 1923-02-19
j. s. WAR DEBTS
To BIZ E.AS|LY
RE TIRED
Hall Of Nations Obligations
viii Be Liquidated u Five
Years, Says Treasury
BY w. II. ATKINS.
international News service.

Half the nations war debt Of
some $22 ,000, 900 900 win be retired
or refunded within the next five
years. Treasury officials today de-
clared.
The Treasury now confronts
new class OF snort.dated public OBJ
legations aggregating 50, 500, 000. 900,
These debts have maturities, con
sisting chiefly OF third Liberty loan
bonds, Treasury notes and certifi-
Gates, spread across each year until
1928. In that year the third Lib
erty loan natures.
Orderly Retirement.
The Treasury's program for han
ding the problem cOntenplates
gradual and orderly retirement, or
liquidation OF the debt. Officials
pointed out today that all outstapd-
ing issues Of notes and certificates
maturing within the five-year pc.
riod fall due on dates for the pay
ment of quarterly income taxes
As these obligations mature they
will practically absorb Government
surplus revenues.
The Government must liuuidate
81, A., O0O, 900 in the few remaining
months OF the current fiscal year
This includes see, 900 900 Treasury
certificates falling due March is,
$273, 900. 900 Treasury certificates
due June Is. and sos. 900 900 Of
AZ per cent Victory notes which
mature on May 20,
st is now the Treasury's plan tuI
meet these nlaturities by furthert
issues Of refunding securities. They
viii be made on terms according To
the condition of the money marked
and the state or the Treasurys
finances at the time refunding Is
authorized by Secretary Mellon
LOng-Term Refunding.
Secretary Melons policy pro
vides that gradual retirement 81
the war debt can best be accom-
plished by distributing the deb
over early maturities and in sum
not too large to be financed eac
year Long-term refunding viii b
avoided in all of these operations
Government department. chiefs
recognizing the Treasury's burden
have joined in a new drive to re
duce public expenditures. Faced
with a higher estimated deficit hs
the close of the fiscal year. the
Treasury has warned department.
heads that a balance can be struck
only by the most rigid economy
Many departments win further trim
their spending accounts and save
substantial amounts from appro
priatiOns already made to helpI
wipe out the deficit.