Preamble
Whereas, it s expected that the Congress of the United States will authorize the Government of the Philippine Islands to incur indebtedness in excess of the amount which said Government can now incur under the Acts of said Congress at present in force; and, Whereas, for the purpose of making funds immediately available for certain public works and for other purposes it is deemed advisable by the Government of the Philippine Islands that its present outstanding indebtedness be increased by an additional issue or issues of bonds as hereinafter provided: Now, therefore,