Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1863-12-16
no MORE UNDERGROUND TUNNELS
Profitable Investments.

The Philadelphia NORTH american gives
some excellent advice to those who wish to
invest money. 1t is well for all who are in
funds 10 heed the counsel: Though money
has been temporarily scarce, capital continues
abundant, and the recent tumble in the stock
market has brought capitalists to a realizing
sense of the unreliable character of many of
the securities dealt in. 1t 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 bet
ter than almost anything else. Its Five-Twen-
" year SIX per cent. loan, the interest on
which is promptly paid in gold, has been sub
scribed 20, although the pressure in the mon
ey market, at an average of more than two
millions per day And what Is not the least
gratifying fact IN connection with the daily
large subscriptions to this popular loan,
scarcely any Of 1t is returned TO the market
for sale. 1t is taken for investment and i
held with untaltering confidence in its relia-
bility And why should it not be? 1t is seen
that the Government now, after two years of
the most gigantic war that the world has ever
known, experiences no difficulty in command
ing the necessary means to prosecute il, or in
paying regularly the interest in gold as it falls
due II this can be done while the war is be-
ing waSed, who can anticipate any difficulty
III readily accomplishing it when the war shall
be ended What better investment then,
for capital. than the - Five Twenty" Govern
ment loan2 But if 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 salts
factory mode OF dispelling the numberless
gloomy apprehensions which are being con
tlnualiy conJured up by those who are dis
pose to exaggerate the extent of the calamity
occasioned by our rebellion. \ reference 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 mate
rally affected by the extended wars in which
chose nations have been immemorially en-
gagged, and that heavy national Indebtedness
has not proved an Unmitlgated evil.
" For Instance, Great Britain, France and
the Netherlands viii undoubtedly be conced-
ed to represent the highest prosperity that
has been attained by any of the European
nations And yet no nations have been call
Ell upon 10 endure herccr or more prolonged
wars, domestic and foreign, than they The
effect has been, unquestionably, to incur an
enormous national Indebtedness; but neither
their wars nor their indebtedness have had
the effect to destroy their elasticity nor to
check the progress of their general prospect
". The result would have been different,
probably, if these nations had been falling
into decay, instead of being, as they really
Ntit, III d STATE VI uthCiO DiileHI, ana III lillo
respect their case resembles our own, with
enormous advantages in our favor These
nations, while undergoing the trials of war,
were oppressed by the evils of an immense
exodus OF their people, caused by the destiny
of their population, the impossihility TO pro
vide occupation for them, the low price OF la
Dor, and the scarcity OF territory. Compared
with our own country, they possessed slight
room for future development; they were set
tied IN every part, and no vast territory lay
IuvItlngly open 10 encourage enterprise and
settlement. Their great problem has ever
been what to do with their surplus popula-
ton, which, III its turn, has sought new fields
for adventure and selt-support in countries
ike our own, where ihmitable territory
waits to be developed, and where iucalculable
resources invite industry and energy. The
encouragement to be derived from these facts
and comparisons of circumstances Is very
great, ami to the mind Of any dispassionate
reasoners is conclusive that the course of this
great country il onward and upward, and
that its credit viii live unimpaired to the
end -