Columbia Democrat and Bloomsburg general advertiser. [volume] (Bloomsburg, Pa.) 1850-1866, 1863-12-05
Profitable Investment.

some excellent 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 temparlly scarce
capital continues abundant and the re-
cent tumble in the stock market has
brought capitalists to realizing sense Of
the unreliable character Of many Of the se-
curities dealt in. II isgreatly 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 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 aver
age of more than two millions per day
And what is not the least gratifying fact
In connection with the daily large subscrip-
tons to this popular loan, scarcely any OF
it is returned to theJmarket for sale. 1t
is taken for investment, and is held with
unfaltering confidence in its reliability -
And why should it not beY It is seen
that the Government now, after 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 regularly the in
terest in gold as it falls due. If this can
be done while the war is being waged,
who can anticipate any difficulty in readily
accomplishing it when the war shall ended!
What better investment then, for capital,
than the ."Five Twenty" Government loanH
But if any doubt, let him refer to the sta
tistics furnished by the census tables of
the various nations of the world. The
facts which they present will prove the
most satisfactory r.ode Of dispellng the
numberless gloomy apprchensiOns which
are being continually conjured up by those
who are disposed to exaggerate the extent
of the calamity occasoned by our rebel
lion. A reference 10 the state of most of
the prosperous nations of the old world
clearly disproves such a position, and
shows that the highest conditions of ma
tional advancement have not been material.
ly affected by the extended wars in which
those nations have been immemorially en-
gagged, and that heavy national indebted
ness has not proved an unmitigated evil.
"For instance, Great Britain, France
and the Netherlands will undoubtedly be
conceded to represent the highest prosperity
that has been attained by any Of the Euro
pean nations, And yet no nations have
been called upon to endure iercer or more
prolonged wars, domestic and foreign, thrn
they. The effect has been. unquestionably
to incur an enormous national indebted
ness but neither their wars nor their in
debtedness have had the effect to destroy
their elasticity, nor to check the progress
of their general prosperity. The result
would have been different, probably, if
these nations had been falling into decay,
instead OF being, as they really were, in
state of development and in this respect
their case resembles our own, with enor
nous advantages in our favor. These ma
tions, while undergoing the trials of war
were oppressed by the evils ofan immense
exodus of their people, cause by the den
sity of their population, the impossibility
to provide occupation for them, the low
price OF labor, and the scarcity of territory.
Compared with our own country they
possessed slight room for furture develop
ment they were settled in every part, and
no vast territory lay invtingly open TO en-
courage 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 adven-
ture and self-support in countries like
our own, where an illimitable territory
waits to developed, where incalculable
resources invite industry and energy. The
encouragement to be derived from these
fact and comparisons of circumstances is
very great, and to the mind of any dis
passionate reasoner is conclusive that the
course of this great country is onward and
upward, and that its credit will live unim-
paired to the end"