The Placer herald., 1859-05-14
Who Invested in United States Funds.


The celebrated article in Harper's Weekly
on the Sub-Treasury in New York, contains
several matters of interest. About seven
eighths of the coupons and interest of the
debt of the United States are paid at the
New York Sub-Treasury, and the balance in
the shape of an inscribed debt, on which the
interest is payable to parties whose names
are entered on great roll at Washington.
Every six months the names of these persons
are forwarded to New York as guide to
the Sub-Treasurer. We quote a passage
worthy OF note to the general reader:
These books are curious study. Many
Of the names which they contain are house
hold words Some are the names of Euro
peans; Others of West Indians, and even
Asiatics. Barely third of the public
debt is held in this country. The bulk of it,
we imagine is held in Continental Europe
One is not surprised to find the names of
John J. Astor, VIM. B. Astor, Jacob Little,
George Peabody, and such men, in list of
creditors of the United States; but they and
their countrymen are in a minority The
heaviest creditor we notice is Lord Overstone,
(the famous Jones Loyd) who has lent this
country no less than $35O,O00 A Spanish
lady, Mercede de Sayseca, is our creditor to
the tune of 100000; and noble friend of
hers, Count Casa Montalvoy Castillo, draws
six per cent on 100000. Several persons
connected with the royal families of Europe
are creditors of ours. The brother OF the
King of Naples took $4,000 a few years
ego, and directed his agent to invest the
dividends as they accrued in the same secu-
rity; he now owns over $4,000. His niece,
the daughter of Bomba, is registered as
creditor for over $5O,000 These wise peo
pie have been looking out for rainy day.
Another noble parsonage, the late Dutchess
of Orleans, has enough in United States
Skies to save the Count of Paris from being
compelled to follow his grandfather example
and keep school; several of the SAKE Coburg
Gothas have also invested in the same secu-
rrty.
The Count Rossi saw enough in this coun-
try, while he was here, to invest few thou
sands in the famous name of Sontag; and
little Paul Julien has a trile-enough to
keep him when his violin fails. One can
readily account for the appearance of the
name of the Rothchlls, both Of London
and Paris; but it is curious to note 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 10000 francs a
year. A careful study of Democracy in
America appears to have persuaded Monsieur
de Tocqueville to lodge some Of his savings
in the hands of our Governments and Lord
Macauey, who began with a bagatelle Of
some $1,000, has since increased his venture
to nearly $4,000. But we should never
end, if we should attempt to enumerate all
the great people who think their money
well placed IN United States securities. Here
ale Lord Dundonald, the great sailor, who
has large sum for son Of Neptune; the
Prince de Bcauveau, the Count de Narbonne,
the Marquis of Cambridge, Barring Brothers,
Count de Beaumont, General Zermolotf, and
host of other titled people, who, perhaps,
depend on the honesty and solvency of the
United States Government for living. Lord
Elgin saw enough of us to leave $l7,50O of
his savings in our six per cents; and the
famous Russian, Alexander Herzen, has
bagatelle Of 100000 in the same security.
There is another creditor whose name is a
curiosity. 1t runs thus: Baron Louis Numa
Epamnonda Justinian Arstides Decius Sails
Haldenstein Lichtenstein Grotenstein. Fancy
a man with such name drawing twenty-six
dollars and fifty cents from the United States.