Contents

Chapters in this book

1. Frontmatter I
2. Preface V
3. Contents IX
4. Tables XI
5. I. A Summary View 1
6. II. Assumptions with Respect to Expenditures 12
7. III. Taxation 26
8. IV. Borrowing at Low Rates of Interest 68
9. V. Borrowing at Higher Interest Levels to Check Spendings 96
10. Appendix 1. Higher Expenditure Levels 107
11. Appendix 2. Computing the Federal Debt as of June 30, 1940, and the Annual Interest Charges, 1941–51 108
12. Bibliography 111
13. Index 115