The Alleghanian. [volume] (Ebensburg, Pa.) 1859-1865, 1863-12-10

ne hliaucipHi 4foFU american eive,
some excellent advice to those who VIA
to invest money. 1t is well for all VIII.
who are in funds to heed the counsel.
although money has been temporari,,
scarce, capital continues abundant: AL
the recent tumble In the stock marta,
has brought capitalists to a realizinpse0s,
CT the unreliable character OF many Of tbo
securities dealt in. 1t is greatly 10 tbo
credit of the Governmebt that its loans os
all the securities daily dealt in on the
market, have maintained their integrity ~
price better than almost anything else.
lis Five-Twenty year six per cent. loan
the interest on which is promptly paid IN
gold, has been subscribed to, al threu.b
the pressure in the money market, at an
average of more than two millions na-
dav And what is not the least gratifyin,
fact in connection with the daily iargs
subscriptions to this popular loan, scarcely
any OF il IS returned TO the market for
sale Ii is taken for investment, and i,
held with unlaltering confidence in its
reliability. And Why should il 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 commanding the necessary
means 20 prosecute it, or IL paying reau.
larly the interest in gold as it falls due
If this can be done while the war is being
waeed, who can anticipate any difficulty
Il. readily accomplishing If when the war
shall be ended What 5etteI investnea.
then, for capital, than the Five Twenty
Government loan But if any doubt, L:
him refer to the statistics furnished by
the census tables of the various nations Of
the gurId The facts which they present
will prove the most sati factory mode of
diSpeiiing the mum berless gloomy ap2re.
tensions which are being continually
conjured up by those who are disposed to
exaggerate 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 disproyes
such position, and shows that the high
est conditions of national advancement
have not been materially affected by the
extended wars in which those nations have
been immemorially engaged, aud that
heavy national Indebtedness has not PROV.
ed an unmitigated evil.
VI it4st tS-t.LEs NAGeib @1t lfe-4u1 4IduS3
and the Netherlands will undoubtedly 10
conceded to represent the hi.Ge est pros
peTity that has been attained by ary cf
the f.uropeaG nations. And yet no nations
have been called upon TO endure fercer OF
more prolonged wars, domestic and for.
eign, than they. The effect has been,
unqUestionably, TO incur an enormous
national indebtedness; but neither their
wars nor their Indebtedness have had the
effect 10 destroy their elasticity, nor to
check the progress of their general pTOs-
erent, probably, If the nations had been
falling into decay, instead Of being, az they
really were, in state Of development; !;
and il this respect their case resemtlSS
our own, with enormous advantages in or
favor. These nations, while undergoing
the trials Of var, we're oppressed by tho
evils OF IN immense exodus Of their people,
caused by the density OF their population,
the impossibility to provide occupation tof
them, the low prices of labor, and tho
scarcity OF territory. Compared with OuS
own country, they possessed slight rooul
for future Development they we're settled
in every part, and no vast territory lay
invitingly open TO encourage enterpris;
aud settlement. Their great problem has
ever been what to do with their surplus
population, which, in its turn, has sought
new fields for adventure and self support
IN countries ike our own, where an iliim-
liable territory waits to be developed, aud
where incalcUlable resources invite indus
try and euer~y The encourapeInent 10
oe derived from thesa facts and compari-
sons of circumstances Is very great, and TO
the mind of any dispassionate reasoner Is
conclusive that the course Of this great
country is onward and upward, aud that
its credit viii live uuimpaired TO the end"
in this connection, We would refer
our readers to an advertisement elsewhere
with reference 20 the sale Of the Five.
T~enties BY Jay Cooke 4 Co, Bankers,
Philadelphia