The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1863-12-11
Profitable Investments-Five Twenties


Profitable Investments-Five Twenties.
The Philadelphia North american gives
some excellent sdyice to those who wish
10 inves! money. 1t is well for all who
are in funds TO heed the co~unsel:-Thoush
money has been temporarily scarce. cap.
itsl continues abundant; snd the recent
tumble in the stock market has brought
capitalists to q realizing sense Of the unre
liable character Of many Of the securities
dealt in. 1t is greatly 10 the credit Of the
Government that its loans. Of all the secu.
rites daily dealt in on the market. have
maintained their integrity OF price better
than almost anything else. Its Five
Twenty year six per cent, loan, the inter.
est on which is promptly paid 10 gold, has
been subscribed TO. although tie pressure
in the money market, at an average Of
more than two millions a day. And what
is not the least gratifying fact in connec-
ton with the daily large subscriptions to
this popular loan. scarcely any Of /, is re-
turned 10 the market for sale. 1t is taken
for investment, and Is held with uufalt r.
ing confidence in i,s reliability. And why
should it not be? II is seen that the Got.
eminent now, after two yearo of the most
gigantic Wal that the world has ever
known. experiences nc difficulty in COM
mandipg the necessary means to prose.
cute il. or in paying regularly the interest
in gold as il falls due. 1fth;s csn be done
while the war is being waged, who can
anticipate any difficulty 10 readily accom-.
plishing it when The war shall be ended?
What better investment then, for capital,
than the Five Twenty" Government,
loan? But IL any doubt, let him refer 10
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 dispellina
the numberless gloomy apprehensions
which are Icing continually conjured up
BY those who are disposed to exsggerate
the extent Of the calamity occasioned by
our rebellion. A reference 10 the state Of
most OF the prosperous nations Of the old
world clearly disproves such a position.
and shows that the highest conditions oil
national advancement have not been ma
terialiy affected By the extended wars 10
which those nations have been immemo-
rally engaged. aud that a heavy national
Indebtedness has not proved an uumi,iga.
ted evil.
For instance. Great Britain. France and
the Netherlands will undoubtedly be con
ceded TO represent the highest prosperity
that has been attained by any Of the Eu.
ropean nations. And yet no nations have
been called upon 10 endure fercer OF
more prolonged wars, domestic and for.
sign, than they. The effect has been, uu.
questionably. 10 incur an enormous ma.
tional indebtedness; bat neither their wars
nor their Indebtedness has had the effec,
to destroy their elasticity, nor to 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. as they really
were, in q state Of development; and in
this respect their case resembles ours,
with enormous advantages in our favor
These u~ations, while undergoing the tri
ais Of war. were oppressed by the evils o.
an immense exodus Of their people. caused
by the density Of their population. the
the impossibili,y 10 provide occupation FOL
them. the low price OF labor. and the
scarcity o fterritory. Compared with on
own country. they possessed slight room
for future development: thew were sculet
10 every part. and nj vast territory LAY
invitingly open to encourage enterpris,
and settlement. Their 2rea, problem ha
ever been what 10 do with their surplu
population. which, in it's turn, has souVh
new fields for adventure and self.snppor
10 countries lihe our own. where an Him
table territory fai,s to be developed. an,
where incaloulable resources invite indus
try and energy.) The encouragement 4
be derived from these facts aud compari
sons OF circumstances Is very great. an,
TO tho mind Of any dispassionate ressone
Is conclusive that the course Of this eres
country is onward ard upward. and ,ha
iis credit will live unimpaired TO the end
Ewwnnv~ - I,