UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 --------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                                 ---------------

          Date of Report (Date of earliest event reported) : November 15, 2007

                              GOVERNMENT TRUST 1-D
             (Exact name of registrant as specified in its charter)


       Illinois                      33-23681                  36-6889613
- -------------------------          -----------             -------------------
(State or Other Jurisdiction       (Commission               (IRS Employer
   of Incorporation )              File Number)            Identification No.)


                    The Bank of New York Trust Company, N.A.
               (formerly J.P. Morgan Trust Company, N.A.), Trustee
              2 N LaSalle Street, Suite 1020, Chicago, Illinois 60602
- -------------------------------------------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)

       Registrant's telephone number, including area code: (312) 827-8617


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

     [] Written communications pursuant to Rule 425 under the Securities Act (17
        CFR 230.425)

     [] Soliciting  material  pursuant to Rule 14a-12(b)  under the Exchange Act
        (17 CFR 240.14a-12(b))

     [] Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
        Exchange Act (17 CFR 240.14d-2(b))

     [] Pre-commencement  communications  pursuant to Rule  13e-4(c)  under  the
        Exchange Act (17 CFR 240.13e-4(c))



Item 8.01   Other Events.

Attached  hereto  as  Exhibit  99.1 are  copies of the  reports  to  holders  of
Government Trust Certificates Class 1-D, dated November 15, 2007.




SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                        GOVERNMENT TRUST CERTIFICATES

                        By:   The Bank of New York Trust Company, N.A.
                              (formerly J.P. Morgan Trust Company, N.A.), not
                              in its individual capacity but solely as
                              Trustee on behalf of the Trust 1-D

                       By:   /s/ Lawrence M. Kusch
                             -------------------------
                             Lawrence M. Kusch
                             Assistant Vice President


                        Date: November 20, 2007


<page>

Exhibit 99.1
REPORTS TO HOLDERS OF GOVERNMENT TRUST



                                        2 N LaSalle Street, Suite 1020
                                        Chicago, IL 60602



                                        November 15, 2007


To The Holders of
Government Trust Certificates
Zero Coupon Class 1-D



In accordance with Section 4.1 of the Declaration of Trust ("Trust"),  The Bank
of New York Trust Company, N.A. (formerly J.P. Morgan Trust Company, N.A.), as
Trustee and not in its individual capacity ("Trustee"), hereby provides the
holders of the above-mentioned certificates this Semi-annual Report relating to
the November 15, 2007 Certificate Payment Date.

Any capitalized terms used herein shall have the meaning assigned to them in the
Trust.

1.   The aggregate dollar amount distributed to holders of Class 1-D
     Certificates:  $100,809,332.50

2.   The Principal Balance of the Class 1-D Note after the November 2, 2007
     Note Payment Date:  $609,236,000.00

3.   The Deficient amount of the Note Payment:  $-0-

Neither a delinquency in payment under any of the Notes nor an Event of Default
has occurred and is continuing.

I, Lawrence M. Kusch, a Responsible Officer of the Trustee, to the best of my
knowledge and belief, certify that this Semi-annual Report is complete and
accurate. If you have any questions regarding this notice please contact our
Customer Service group directly at (800) 254-2826 for further assistance.


                                  /s/ Lawrence M. Kusch
                                  -------------------------
                                  Lawrence M. Kusch
                                  AVP, Relationship Manager

                                  For The Bank of New York Trust Company, N.A.
                                  (formerly J.P. Morgan Trust Company, N.A.), as
                                  Trustee and not in its individual capacity.