Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1863-12-24


celent advice to those who wish to invest !
money. II is well for all who are in funds |
to heed the counsel:
" Though money has been temporarily |
scarce, capital continues abundsnt,-and
the recent tumble in the stock market, has
brought capitalists to a realizing sense OF
the unreliable character of many OF tha
securities dealt in, 1t is greatly to the
credit of the government, that It's loans,
of all the securities daily dealt in on the
market, have maintained their integrity OF
price better than almost ANYTHING else.-
Its Five Twenty Year Six Per Cent Loan,
the interest on which is promptly paid IN
gold, has been subscribed TO all through
the pressure in the money market, at an
average of more than two millions per
day. And, what is not the least crafty
ing fact in connection with the daily large
subscript ms to this popular loan, scarce
ly any of il is returned TO the market for
sale. Ii IS taken for investment, and is
held with unf,ltering confidence IN Its re-
liability. And why should il not be I? 1t
two years of the most gigantic war, that
the world has ever known, experiences no
difficulty in commanding the necessary
means to prosecute it, or in paying regu-
larly the interest in gold as 1t falls due
If this can be done while the war is beng
waged, who can anticipate any difficulty
in readily accomplishing it when the war
shall be ended What better investment
then, for capital, than the "Five Twenty"
Government Loan But il any doubt, let
him refer to the statistics furnished by the
! census-tables of the various nations OF the
world. The facts which they present Will
prove the most satisfactory mode OF dis
polling the numberless gloomy apprehen-
sions which are being continually conJured
up by those who are disposed to exagger,
| ate the extent of the calamity occasloned
| by our rebellion. A re erence to the state
of most Of the prosperous nations OF the
old world clearly disproves such posi-
ton, and shows that the highest conditions
of national advancement have not been
materially affected by the extended wars
in which those nations have been lmme-
morally engaged, and that heavy ma
tional Indebtedness has not proved an I'M
mitigated evil.
"For instance, Great Britain, France
and the Netherlands will undoubtedly be
conceded to represent the highest prosper
ity that has been attained by any of the
European nations. And vet no nations
have been called upon to endure fiercer or
more prolonged wars, domestic and for
eign, than they. The effect has been, I'M
questionably, to incur an enormous nation
al Indebtedness but neither their wars
nor their Indebtedness have bad the ee1ec'
to destroy their elasticity, nor to cheos
the progress Of their general prosperity
The result would have been different
probably, if these nations had been fslhn.
into decay, instead of being, as they real
| " were. in state of development; anC
| in TINS "aspect their case resembles oul
own, W tn enormous advantages in our Ia
vor. These nations, while undergoing the
trials of war, were oppressed by the evliS
! of an immense exodus of their people,
caused by the density of their population
the impossibilty to provide occupation
tor them, the low price of labor and the
scarcity of territory. Compared with our
own country, they possessed slight room
for future development; they were settled
in every part, and no vast territory lay
invitingly open TO encourage enterprise
and settlement. Their great problem has
ever been what TO do with their surplus
population. which, in its turn, has sought
new fields for adventure and self-support
in countries like our own, where an linn
liable territory waits 10 be developed, ano
where incalculable resources invite indus
try and energy. The encouragement tc
be derived from these facts and compari-
sons OF circumstances is very great, and
to the mind of any dispassionate reasoner
is conclusive, that the course of this great
country is onward and upward, and that
its credit will live, unlmpaIrsd, to the
end"
Our readers having money to invest
will do we'll to ponder the foregoing facts
and suggestions, and invest in tie secur
ties of the Government. The circular Of
Messrs. Fish & Hatch, the weli-xnown
bankers, in another column, will give them
useful information on the subject.