East Saginaw courier. (East Saginaw, Mich.) 1859-18??, 1863-12-09

The Philadelphia Norm dmTieGh'
gives 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 tempo.
rarily scarce, capital continues abund-
dant and the recent tumble in the
stock market has brought capital
lists TO realizing sense Of the unrelia-
bic character of many. of the securities
dealt in. 1t is greatly TO the credit OF
the government that It's loans, of all
the securities daily dealt in on the
market have maintained their integ-
rity of price bettor than almost any
thing else. Its fve-twenty year six
per cent loan, the interest on which is
promptly paid in gold, has been sub
scribed to, all through tho pressure III
the money market, at an average OF
more than two millions per day. And
what is not tho least gratifying fact in
connection with the daily large sub
scriptions to this popular loan, scarce
ly any of it is returned TO the market
for sale. 1t is taken for Investment,
and is held with unfaltering confidence
in its reliability. And why should il
not DO 2 1t is seen that the gov
ernment now, after two years of the
most gigantic war that the world has
ever known, experience no difficulty
in commanding tho necessary means
to prosecute il, or paying regularly the
interest in gold as it falls due. If this
can be done while tho war is being
wagcd, who can anticipate any diff
Guilty in readily accomplishing il when
the war shall be ended ? What better
investment, then, than the Tive-Twen-
ty' government loanP But if any
doubt, let him refor to tho 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 dispelling
the numberless gloomy approximations
which are being continually conjured
up by those who are disposed to exag-
gerate the extent of the calamity oc-
casioned by our rebellion. A refer
ence to the state of most of the pros
porous nations of the old world clearly
disproves such position, and shows
that the highest conditions Of national
advancement have not been materially
affected by the extended warsin which
those nations have been immemorially
engaged, and that heavy national
Indebtedness has not proved an unmit-
igated evil Ell
"For instance, Great Britain, France
and the Netherlands will undoubtedly
DO conceded to represent the highest
prosperity that has boen attained by
any of the European nations. And
yet no nations have been called upon
to endure fiercer or more prolonged
wars, domestic and foreign, than they.
Their effect has been, unquestionably
to incur an enormous national indebt-
edness; but neither their wars nor
their indebtedness have had the effect
to destroy their elasticity, nor to check
the progress of their general prosperi-
ty. The result would have been diff
ferent, probably, if these nations had
been falling into decay, instead of be-
ing, as they really were, in state of
development; and in this respect their
case resembles our own, with enor-
nous advantages i'll our favor. These
nations, while undergoing the trials of
war, were oppressed by the evils of an
immense exodus of their people, caus-
ed 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 our own country, they possessed
slight room for future development /;
they were settled in every part, and
no vast territory lay invitingly open TO
encourage enterprise and settlement
Their great promlem has ever been
what to do with their surplus popula-
ton, which, ia its turn, has sought
new fields for adventure and self-sup-
port in countries like our own, whore
an illimitable territory waits to be de-
veloped and where incalculable re-
sources invite industry and energy
The encouragement TO be derived from
these facts and comparisons of circum-
stances is very great, and to the mind
of any dispassionate reasoner is con-
clusive that tho course of this GREAT
country is onward and upward, and
that its credit will live unimpaired to
the end"
For particulars as to terms Of 500
loan, see advertisement in this paper.