The Union. [volume] (Georgetown, Del.) 1863-1866, 1863-12-04

the world has ever seen---red iii I'M sup
plies Of men and money, unprecedented IN
history; and whilst the rebel Government
have been obliged 70 resort 70 foreign logds,
at enormous sacrifices, and b jnHSfe their
currency to an extent which has depre-
ciated the value Of their foreign loans, and
appreciated gold n their home market to
near twelve h0aGrea per cent. yet the
United States Government have not nego-
tiated dollars loan with any foreign cap
italist, but have confdingly rested upon
the patriotism and capital of the loyal peo-
pie of the North. And brayely and pa
triotically has their confidence in the pa
triotism of all our people been responded
to- And It'll is, with pride and pleasure, an
nounced the. The subscriptions to the 500
loan, have exec eded, on an average, two
millions of dollars per day.
The Governments Of the Old World, in
conducting their wars, indeed, in carrying
on their ordinary Governments, are obliged
to resort to foreign loans, and tax heavily
all the necessaries of life. James Buchan-
an, during his Administration, in time of
profound peace, was obliged to borrow
money, for which, he paid a heavy pre-
MUM. Yet Mr., Chase, the ablest Secre-
tary Of the Treasury we have had since
Alexander Hamilton, in time of civil
war, the most gigantic the world has ever
seen, has been able to negotiate loans
with our citizens--upon such terms-that
these loans command premium. And it
may be safely affirmed that this 5-2U loan
will be, in short time, one of the most
popular loans in the country. Already,
Capitalists very sharp-sighted set of
men-are taking up this loan for the pur-
pose of making permanent investments;
and foreign Capitalists are paying the high
est possible compliment to the sagacity OF
Mr.. Chase, and the stability of our Gov
eminent, and its ability to meet all
its engagements, BY largely investing their
money in this popular 5-zU loan.
No loan can be safer. But few loans
will be more profitable. We venture to
predict that, in less than six months after
this 500 loan shall have been closed, that
it will rise in the money market, and COM
mand high premium. The resources of
the United States are undeveloped and
unbounded. OuE,s is the richest country
in natural resources, in all the metals,
minerals, and in lands, and in all that con-
stitute Nations wealth and greatness, in
the whole world. And all these resources,
and the faith Of the Nation are pledged for
the redemption ofFhis 500 loan. twill,
we doubtn not, be iplhe power of the Federal
Government to eem and pay off the
whole Of this $50 loan, long before the
expiration'of the72O years, as they will be
able to do so, by taking loan, at much
less rate of interest, to pay off this pei
cent. loan--if indeed they do not, as We
believe they will be able to pay it off in
gold or silver.
| We invite our capitalists again to invest
in this 500 loan, Many of our sagactoil
! Capitalists are beforehand, in this matter
and are investing largely. And we woulc
say-and it is a tact-a telling fact-tha
the Farmers Bank, of this State, which
under unwise Democratic counsels, refused
to take the U. S. Green Backs, on deposit
has came to better state of sensible feel
ing, and now, not only take them on de
posit, but has invested large sums Of none.
in this $40 loan. To each of our reader
we say, go thcu, and do likewise"