Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1863-12-16
Prontable Investments

/ The Philadelphia North 1merfcun gives
. some excellent advice To those who wish
20 invest money. I5 IS well for all who
are in funds 10 heed the counsel THO
money has been temporarily scarce. capi-
tai continues abundant: and the recent
tumble IN the stUCN w1rke. has brought
/ capitalists 10 a realizing sense Of the un-
/ reliable character of many Of the securi-
ties dealt In. Il is greatly To the credit OF
\ the government that its loans Of all the
+ securities daily doalt in on the market
/ have maintained their integrity N price
/ be ter than uimostanvthin else Its Five
+ Twenty year six per cent loan, the inter-
+ est On which is promptly paid in gold, has
+ been subscribed u. al through the pres
4 sure III the money market, at an average
/ Of more than two millions per day. And
/ what Is not the least gratifying fact in
connection with the daily larre subsrrip
/ tians co this popular loan. scarcely any 81
+ 1t is returned to the market for sale Ii
IS taken for investment and is held with
unlalteriuE confidence in its reiiabiiity.-
And whv sh0uld il not bc2 It is seen
+ TINT the government now, after two years
( Of the most -i-autI- war that the world
/ has ever known, experiences no Difficult Y
in commanding the necessary means tu
. prosecute H. or in paving regularly the
/ interest IN gold rs IL falls due. II this
can be done while the war is being waved
who can anticipate any difficulty in read
+ ilv accomplishing il when the war shall
he ended What better investment then.
for capital. than the Five Twenty GOV
arument ioan2 But if any doubt let him
refer 10 the statistics furnished by the
/ census tables of the various nations Of the
world The facts which they present
Z 81 T. 4
disprliing the numbcrleSs gloomy appre-
tensions which are continually coniured
/ up hv those who are disposed TO exagecr-
ate the extent Of the calamity occasioncd
+ bv our rebellion. a reference to the state
Of the most prosperous nations of the old
world clearly djspr0ves such a position.
and shows that the highest conditions Of
national advancement have not been ma
I teriaiv affected hv the extended wars in
4 which those nations have been immemori-
allv engaged, and that heavy national
+ Indebtedness has not proved an unmitiga-
! ted evil
/ For instance, Great Britain. France
and the Netherlands Will undoubtedly be
conceded to represent the highest pros
perirv that has been attained by any Of
the European nations And vet no ma
tions have been called upon to endure
fercer or more prolonged wars. domestic
and E.rei1n, than they. The effect has
I been. unQuesti0nahv. t. incur an enor-
nous national indebtedness: hut neither
their wars nor their Indebtedness have
had the effect to destroy their elasticity.
nor 10 check the progress Of their general
prosperity The result would have been
different. probably, ii these nations had
been falling into decay, instead Of being.
a they really were. In a state Of develop
ment, aud in this respect their case re
. semhles our own, with enormous advan-
ta-es In cur favor. These nations while
undergoing their trials Of war. were op-
pressed hv the evils of an immense exodus
Of their people, caused hv tbs density Of
their population the impOssihilitv To pro
vide occupation for them the low price
Of labor. and the scarcity Of territory
Compared with our own country thev pos
sesSed slight room for future Development; :;
they were settled in every part. and no
vast territory lav iuvitingly open Il en-
F.. 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 adveu-
ture and seltsupport In countries like our
own, where an iilimitahls territory waits
to be developed, and where incaiculable
resources invite industry and energy
The encouragement 70 be derived from
these acts and comparisons Of cireum-
stances Is very great. and to the mind Of
any dlspassionate re sOner Is conclusive
that the course Of this great country Is
onward and upward. and that its credit
VIII 1--we unnnpaired to the end