The southern aegis, and Harford County intelligencer. (Bel Air, Md.) 1862-1864, 1863-12-18
Profitable Investm ents.


gives some excellent advice to those who
wish to invest money. 1t is we'll for all
who are in funds TO heed the counsel -
Though money has been temporarily
scarce, capital continues abundant and
the recent tumble in the stock market has
brought capitalists to realizing sense of
the unreliable. character. of..napy. of the Sc
curities dealt in.. 1t is greatly to, the cred
it of the Government that its loans, Of all
the securities daily dealt in on the mar
ket, have maintained their integrity of
price better than almost anything else.
Its Five Twenty years six per. cent, loan,
the interest on which is promptly paid in
gold, has been subscribed to, although the
pressure in the money market, at the av-a
erage of more than two millions per day.
And what is not the least gratifying fact
in connection, with the daily large sub
scriptions to this popular loan, scarcely
any of it is returned to the market for
sale. 1t is taken for investment, aud is
held with unfaltsring confidence in It's re
liability. And why should it not be p.
1t is seen that the Government now, after
years of the most gigantic war that the
world has ever known, experiencing no diff
Guilty in commanding the necessary means
to prosecute it, or in paying regularly the
interest in gold as it falls due. If this can
be done while the war is being waged,
who can anticipate any difficulty in readi-
ly accomplishing it when the war shall be
ended =? What better investment then,
for capital than the olive Twenty. Gov
eminent loan?
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 satisfactory mode of dispeling the
numberless gloomy approximations which
are being continually conjured up by those
who are disposed to exaggerate the extent
of the calamity occasioned by our rebel
lion. A reference to the state of most of
the prosperous nations of the old world
clearly disproves such position and
shows that the highest conditions of ma
tional advancement have not been materi-
ally affected by the extended wars in which
those nations have been immemorially en-
gagged, and that heavy national indebted
ness has not proved an unmittigated 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 European nations. And
yet no nations have been called upon to
endure 6ercer or more prolonged wars, do
nestle and foreign, than they. The effect
has been, unquestionably, to incur an
enormous national indebted ncss but mel.
Their their wars nor, their indebtedness
have had the effect to destroy their elas.
ITCHY, nor to check the progress OF their
general prosperity. The result would
have been different. probably, if these na-,
tions had been falling into decay, instead
Of being as they really were in ii state of
development; and in this 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 exo-
dus of their people, caused by the density
of their population the impossibility, to
provide occupation for them the low price,
of labor and the, scarcity Of territory -
Compared with,ou own country, theyIpo-
sessed slight room for future development;
they we're settled ,iu every part. aud no,
vast territory lay nvitiugly open to en-
courage enterprise and Settlements Their
great problem has everd been what to do
wth their surplus population, in its turn,
has sought new fields f3r.. adventure and
self support in eouptries like our own,
where an illimitable territory waits to be
de veloped, and where incaleulable resour-
ces invite industry and energy The en-
CO, fragment to be derived from these facts
anil comparisons Of circumstances is very
gre at, and to the mind of any dispassion-
ate reasoner is conclusive that the course
of this great country is onward and
upw ard, and that its credit will live unim-
pair ed to the end.-Euston Journal