"In 1958-59 public debt charges were again the second largest item of budgetary expenditures. These charges, which consist of interest on public debt, the annual amortization of bond discounts and commissions, the cost of issuing new loans and other costs incurred in servicing the public debt, amounted to $644,000,000.00"
"Interest on public debt was $604,000,000.00"
"During the fiscal year ended March 31, 1959, the gross public debt increased to $20,220,000,000.00"
(From HANSARD of April 19, 1959)
Study Session on Economic Democracy And Annual Congress
Discover C.H. Douglas’s proposals for economic and social renewal with the Pilgrims of St. Michael in Rougemont, Quebec Canada from Sept. 23 through September 28 2026.
Rougemont Quebec Monthly Meetings
Every 4th Sunday of every month, a monthly meeting is held in Rougemont.
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