Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1859-11-22
sTAUNTON, VIRGINIA, TUESDAY, NOVEMBER %, 1859.

THE FEDERAL FUNDS OF THE UNITED STATES
We were much gratifed yesterday with the
perusal of an article in the last number of the
Washington States. The editor naively asks
"who invests in United States funds I" The re.
ply is to the point. Most of the dividends are
paid in New York, and many of the names on
the books are as familiar as household Words
Some are those of Europeans, others of WestIn.
dams, and even Asiatics Barely third of the
public debt is held in this country. The Bulk of
of it, we imagine, is held in continental Europe.
One is not surprised to find the names of John
J. Astor, W. B. Astor, Jacob Little, George
Peabody, and such men, in the list of the credit
ors of the United States, but they and their
countrymen are in minority. The heaviest
foreign creditor is Lord Overstone, (the famous
John Floyd who has lent the country no less
than three hundred and fifty thousand dollars.
A spanish lady, Merced de Layseoa, is our cred
tor to the tune of two hundred thousand dollars,
and noble friend of hers, the Count CASA
Montlavoy Castillo draws six per cent. on one
hundred thousand dollars. Several persons con.
nected with the royal families of Europe are
creditors of ours. The brother of the King of
Naples took fifty thousand dollars some years
ago, and instructed his agent to invest the divi-
dends as they accrued, in the same security
He now owns over seventy-fve thousand dol
lars. His niece, the daughter of Bomba, is reg
istered as creditor over fifty thousand dollars.
These wise people have been looking out for a
rainy day.
4 Another noble persorage, the late Duchess of
NOrleans, has enough in the United States skies
10 save the Count of Paris from being compelled
10 follow his grandfather's example and keep
school. One can readily account for the appear
ace of the name of the Rothschilds both of Lon
don and Paris; but it is curious that the famous
publisher, PanchOuke, of Paris, is creditor OF
the United States; and that the dramatic author,
Scribe, has also invested enough to give him
nearly ten thousand francs year. A careful
study of democracy in America appears to have
persuaded Monsieur de Tocqueyille to lodge some
of his savings in the hands Of our government;
and Lord Macaulay, who began with bagatele
of some FIVE thousand dollars, has since increas-
ed his venture to nearly thirty Thousand.
There is another creditor whose name is Gu.
riosity. 1t runs thus Baron Louis Numa E
paminOndas Justidian Aristides Decus Sails
Halde1stein Lichtenstein Gortenstein. Fancy q
man with such name drawing twenty six dol
liars and fifty cents frem the United States. We
thank the editor of the States for the very in
|terestipg information he has given. 1t shows
that our national-that is, our republican credit
stands high, even in aristocratic estimation
Thus twill appear that even among the 'priv-
lileged classes," as well as the despotic rulers
mankind, an opinion prevails that property il
safer in fee and constitutionally governed coun-
tries, than even in their own nations. The eye
of mankind are opening gradually to the per-
manency Of judicously liberal governments, ant
Ito the irresistible power of truth.