The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1864-11-19
PACIFIC
Commercial Advertiser.
Are the Germans Wrong I'm
Wanting Bonds

.iot { bit OF it, No s~hrewder, thriftier PEG
pie IN matters Of money, exist on earth. Our
Jersey people and New England people are a
frugal, industrious people, but they can't save
money like the Germans. All Germany is a
great savings bank. 1t il true that their work
ing men are not 80 rich, ON an average, as our
working men, because they don't get more than
Cne-quaTtsr Of the wages Of our men But l.
German can SAFE money, and he knows when II
Is safe. Now these shrewd, thrifty Germans
want QUIZ bonds. They want them by millions.
THey turn aside from the great beggars of the
world in Europe, and come To us Republicans.
1hey treat the notes Of Napoleon and Joseph
and Macmillan with Indifference, but want 10
discount all the American notes they can get.
The London Times saws this is all wrong-that
the Republicans in America are ell bankrupt.
and the Germans must be crazy TO slight British
and French beggars, and 90 begging, themselves,
% america. Are they crazy? We asked Poor
Richard what be thought about IL. Why"
said he, % how can they be crazy, when they are
doing just what did q little more than a year
ago, when / put my little savings into Govern
ment six per cents? Now see what | got by it
Just count up. ] have received six per cent. in
gold. which averaged 100 per cent. in currency,
making II per cent. income. Now, to-day, my
bond Is salable in the New York market at 10
per cent. premium. Put these together. and to-
day l have % per cent. for one years use OF my
money, What do you think Of that? You
know, as well as | do, that there are thousands
or people who did this, and to-day they have %
per cent. on their Investments. Why, / saw Miss
Jones, our schOOl-nam, go 10 the bank and buy
e $500 bond How she got the money l don't
know, but these Yankee schOolmistresse are first
rate hands at taking care of themselves. Well,
now, count up. II Miss Jones sells her bonds
to-day she gets her $500 back safe, and she gets
$llO clear gain. Can you sharp fellows down
there in William street do any better2 You
know I told Mr.. Smith, the banker, my ideas
about that, and be bought SIS 900 six per cent.
bonds, and you see he got 81 100 for g years
use OF his money. ! met him the other day. and
he said, Poor Richard, you are right; l begin
to think, the Government can take care OF itself,
and as too. For my part, / mean TO buy some
Of the 1905. The rate of interest is high
enough, and IL three years they Will turn into
SIX per cent. bonds again YES. Mr.. Smith, it
10 right. on the money side but AZ IS right on the
eOuntry,s side too. Help your country, or it
can't help you Now, | say the Germans are
not only right, but they would be right if they
got half that interest. They cannot make a
quarter Of 1t at home" So thought Poor Rich
ard, aud so think we When we think of the
German opinion OF our situation and our fnan-
clai strength, we must remembe that they are
Tar better Judges OF our condition than we ARE, or
our enemies are. They are lockers on, 1T a great
distance. They have none of our enmities OF
preJudices. They can examine the facts d~isinter-
estsdly- They do and the result is a verdict
that the American Government il stable-ifS
"ONHy ara HttyTHy IN HtstffRy avs JEdHGdL en-
gGgemsEtS lHgueStIOECJie. This verdict. too, is
founded on a series of facts which are unim-
peaehabje. and wei! known 20 every Intelligent
American Take two or three of the most i'm
portant /. The United States doubles its popu-
iation each twenty-five years. The population
Of the country, which in 1850 was ftcenfy-three
millions, will in 1875 be forty-aT millions. But
the rebellion, says some one. How much has
the rebellion diminished the strength of the
United States2 Take this astonishing fact. that
At all the Rebel States had been sunk in the
Pacific Ocean, the United States would in 1875
hare q population equal TO thar of the ,chole in
1860. In other words, fifteen years will supply
the total loss of the eleven original Rebel States
hat can impede the progress of such I coun-
try? 2 The wealth of the country increased
l21 per cent. in ten years, Now let it increase
but so from 1860 To 1870, and 1t will amount to
ten times all the loans of the government. The
German knows what he is about. He will get
the largest income from loans in the world, on the
safest security. No such opportunity has occur
red before for the investment of money, and in
all probability will never occur again. II the
American does not know and take advantage Of
this, the German and Frenchman wiIl.-Er.