The Richmond palladium., 1863-12-18
FIVE TWENTIES----PROT IN
- VESTMENTi


In another ,lumn. will be foani the adver-
tSement of Mr.. JAY O0oxE, Subscription gent
for the sale of the United States sos. So
popular is this Loan with the People, that, al
ready. up TO Dec z, the amount sold s- four
hundred millions, three hundred and sixteen
Thousand six hundred dollars. The Phiiadei-
phia North American, gives some most excellent
.advics to those " ho Ssh to invest money, and
it would be well for all who are in funds, and
have not ct invested to heed the counsel:
Though money has been temporarily scarce,
capital continues abundant and the recent tun-
bic in the stock market has brought CAPITALISTS
TO realizing sense of the unreliable character
OF many of the securities dealt in. Il IS gener-
ally to the credit of the Government that its
loans. of a.. the securities daily dealt in on the
market have maintained their integrity o. price
better than almost anything else. It's Five
Twentysix per cont. loan, the interest o. which
is promptly paid in gold, has been subscribed TO-
all through the pressure in 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 large subscriptions
ned to the market for sale. Ii is taken for in
vestment, and is held with unsaltering conf
dence iRits reliability. And why shoald it not
be II is seen that the Government now, az
ter two years Of the most gigantic war that the
world has ever known, experiences no orltficulty
in commanding the necessary means to prose-
cute it, or in paying regularly the interest in
~ fall Il I IN hi
the war is being waged, who anticipate any
difficulty in readily accomplishing it 5yhen the
war shall be ended? What better Investment
then, for capital, than the " FIVE Twenty Gov
ernment loan But if any doubt, let him re-
fer to the statistics furnished BY the census Ia
bles of the various nations Of the world The
facts which they present will prove the most
satisfactory mode of dispellins the namberless
gloomy apprehensions which are being continu
ally conjured up by those who are disposed to
exasgerate the extent of the calamity occasioned
by the rebellion. A reference to the state OF
most Of the prosperous nations of the old world
clearly dispr1ves such position, and shows thai
the highest conditions of national advan cement
have not been materially affected by the extern
ded wars in which those nations have been i'm |
engaged AMI that a heavy national
Indebtedness has not proved an unmitigated 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
fiercer or more prolonged wars, domestic and for
eign, than they. The effect has been, unqueS-
tionably, to incur an enormous national indebt- |
edness; but neither their wars nor their indebt. |
edness have had the effect to destroy their elias
ITCHY, nor to check the progress of their general
The result would have been differ
cnt, probably, if these nations had been tall
ing into decay, instead of being as they really
were, in a state Of development and IN this re.
spect their case resembles our own, with enor-
nous advantages in our favor. These nations.
while undergoing the trials of war, were oppres-
sed by the evils Of an immense exodus 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 terri
tory. Compared with our own country, they
possessed slight room for future development;
they were settled in every part and no vast ter
ritory lay invitnsly open to encourage enter
prise and settlement. The great problem has I
ever been what to do with their surplus popu.
lation; which, III its turn, has sought new fields
for adventure and self-support in countries ike
our own where an iliimitable territory waits to
be developed, and where incalculable resources
invite industry and energy. The encourage
ment to be derived from these facts and compar-
isons OF circumstances is very great, and to the
mind Of any dsplssionate reasoner is conclusiv
that the course Of this great country is onward
AMI upward, and that its credit will live uaim-
paired to the end
sale Of j-20's.
The Government sale of $50 bonds is
and it is expected that Trey will
run up to $4,000. 0OO day, within fort-5
night.
Cincinnati Market.