Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-09-21
IN. nntional Loan.

The National Loan is being taken with
an avidity that shows how mistaken is the
confidence of the people in the ability of
the Government to sustain itself In each
of the Eastern cities the sum subscribed
reaches hundreds of thousands daily
Agents have been appointed in all the
principal towns and cities, and the work
goes bravely on. The subscriptions are
rapidly increasing, each day showing
larger results than the previous one. Last
week s4,OO0,OOO were subscribed; the
week before $1,000, 600; and the week De-
fore that 81 100000.
As mere financial operation there is
no investment that will pay capitalists bet
ter than to loan their money to the Gov
eminent. The rate of interest is seven
and three-ttnths per cent:-which is more
than half our capitalists make ont of their
money in the ordinary course of business
PAYABLE every six months. The invest
meut Is perfectly safe, us safe as any kind
of money possibly eau be; the rate of in
terest is good, and promptly paid, so that
simply as a financial operation, we repeat,
there is no better investment for mans
money than to loan it to the Government
But there are additional considerations
By lending to the Government, we are
but lending to ourselves, and getting well
paid for it all the time. Our Government
is but common protector; the Treasury
of the United States, 81 common fund, to
be used for our benefit. In strengthening
the hands of the Government, we are but
providing for our own safety and that of
all around u.s. This one reason includes
all that could be urged. Without Gov
eminent to protect us, what would all our
wealth be worth? Not only does our iu-
terest and safety call upon us to extend to
the Government all the aid within our
power, but the interests and safety of all
our cOuntrymen. All the motives OF hu-
manitJ and patriotism that could be sup
posed to prompt men and citizens, noWcall
the surplus capital of the country to the
common Treasury. -
Soldiers are not all that are wanted to
prosecute war. They are the first con-
siderntion, but the second is, that they
must be fed and clothed, equipped for the
performance of the work of soldiers. This
takes money, and great deal of it; and
although money is flowing into the Golfers
of tue nation ut the rate of n million II
day, it is flowing out almost as rapidly
and much more is still wanted.
We should not forget that this wealth is
not lost because it goes into the vaults of
the Treasury. No; it comes back again
through discussing agents, and When it has
served the purpose of the Government, and
purchased what they really needed (for
money is the only representative of its
wants) it comes around again into the same
commercial circles it went from. The i'm
mense expenditures of the government are
doing much to make business lively and
times prosperous, in spite of the war. One
result of the popular loan will be to throw
into circulation millions of money that
would otherwise be boarded up benefitting
nobody; SO we can readily see that, added
to all other considerations, it is n measure
of great financial advantage to the whole
country. All this while, those who have
aided in this benifcent work are drawing
a heavy interest in gold at theend ofeachsix
months, and when the last dividend is due
they are paid the principal in the same
solid currency.
A man or woman who Ia mony now,
whether it be $50, 900, or $50, more than
actual necessities require for present use,
cannot do SO well with it anywhere else as
to put it in Treasury notes; and even for
currency, these notes nre as good as
gold.
We understand loan agency has been
established in this city, and in short time
our citizens will have an opportunity of
contributing to the general prosperity of
the country and their own at the same
time.
Old style Postage Stamps.
r- M. .1r,Ia.P;har4 and nil. OtI,ers nurIos;nn,