The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1863-12-09
PROFITABLE INVESTMENTS.

The Philadelphia North american gives some
excellent advice to those who wish TO invest
money. It Is well for all who are il funds to
heed the counsel:
Though money has been temporarily scarce,
capital continues abundant, and the recent tun-
bic ia the stock market has brought capitalists
70 Z realizing sense Of the unreliable character
Of many Of the securities dealt in. Il Is greatly
TO the credit Of the Government that its loans,
Of all the securities daily dealt in on the market
have maintained their integrity Of price better
than anything else. rs Five-TWen;y year six
per cent. loan, the interest on which Is promptly
paid in gold, has been subscribed to, al through
the pressure Of the money market. at an aver
age Of more than two millions per day. And
what is not the least gratifying fact in connec.
ton with the daily large subscriptions 10 this pop
ular loan, scarcely any Of it Is returned 10 the
market for sale. Il IS taken for investment, and
il held with unfaltering confidence in its reiabii-
IT, And Why should it not be? 1t Is seen that
the Government now, after two years Of the most
gigantic war the world has ever known, expert
ences no difficulty in commanding the necessary
means to prosecute it, or in paying regularly the
interest in gold a. it falls due If this can be
done while the war is being waged, who can an
sicpate any difficulty in readily accomplishing it
when the war shall be ended What better in
vestment then, for capital, than the Five TSe--
ty" Government loan But if any doubt, let
him refer to the statistics furnished by the cen.
aus tables Of the various nations Of the world.
The facts which they present will prove the mos'
satisfactory mode of dispelling the numberles'
gloomy apprehensons which are being continual
IL coljured up by those who are disposed to ex
aggerste the extent of the calamity occasioned
by our rebellion. A reference to the state Of
most Of the prosperous nations OF the old world
clearly dsproves such position, and shows that
the highest conditions OF national advancement
have not been materially affected by the extend
ed wars in which those nations have been imme
diately engaged, and that a heavy national in
debteduess has not proved an nnmitigated evil
"For instance, Great Britain, France and tho
Netherlands will undoubtedly Zoe conceded tC
represent the highest prosperity that has beer
attained bv any Of the European nations. And
vet no nations have been called upon to endur,
fercer or more prolonged wars, domestic anC
foreign, than they. The effect has BEEN uuques
tionably, to incur an enormous national indebt
edness: but neither their wars nor their indebt.
edness have had the effect to destroy their elias
ITCHY, nor to check the progress Of their genera
prosperity The result would have been differ
ent probably, if these nations had been falling
into decay, instead OF being, as they really were
in state Of Development; and IN this respec
their case resembles our own, with enormous adj
vantages in our favor These nations, Will,
undergoing the trials Of war, we're oppressed by
the evils OF an immense exodus Of their people
caused by the density Of their population, IN,
impossibility to provide occupation for them, I'd,
low price of labor, and the scarcity OF territory
Compared with our own country, they possessed
slight room for future Development; they wer,
settled in every part, and no vast territory lay
invitingly open to encourage enterprise aud set
Element. Their great problem has been what Il
do with their surplus population, which, in it.
turn, has sought new fields for adventure ans
self support in countries ike our Own, whore al
illimitable territory waits TO be developed, anC
where incalculable resources invite Industry snC
energy. The encouragement to be derived from
these facts and comparisons OF circumstances j;
very great and to the mind of any dispassionstC
reasOner is conclusive that the course of thi:
great country is onward and upward, and thai
It's credit will live unimpaired to the end