M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1864-09-22

H'" 'NN PSi SShN' Dhb huat ulu
the old man do but sell his stock the
next day! Wby2whyi said everybo
Idy. Because. it pays too much div.
dead, And in six months tho bank
went to snask. Now>that l know
to be a fact. r Well, - Smith, you
say railroad stocks are Best, because
they pay high diyidMsl Can you
ltelf how lSpg they Will pay them! /
like railroads. 1helped TO build one,
and l go in for useful things. But
/ tell you what know about them.
One tnird oil the railroads DON'T nav
auy dividend, and two thirds (anj
some Of them cracked up, too.) do not
pay as much as Govelnmenr stocks.
Now that brings me to the Govern
ment securities, and l will tell you
why l prefer them. l take it you
will admit, Mr.. Smith, that in the
long run the Investment which is best
should have these qualities: First,
it should be perfectly secure. second.
! ly, that the income should be uaiform
ami pcrmanent-not ap one year
and down the next; and thirdly, that
it should be marketable so when your
wet day comes and you want your
money, you can get it back. And
think these notes or bond have these
qualities more than any other kind OF
personal property you can pame.-
Try it.
First, then, have bee looking
into the great book yoh call the Cen.
sus Statistics, | used to think it
wasn't worth much; but since be
gan to study ii, tell you, found
out good many things very useful
Tor ME to know. found out, by hook,
ing at the crops, aud the factories
and shipping, Sc, that we Il don't
mean the Rebel S;ates) are making
u thousand millions OF dollars q year
more than we spend. So you see
that lslnce the increase of debt isn't
hall thaD We are growing rich Instead
lot poorer, as John Bull and the croa.
kers would have Ms think. Then the
debt will be paid, anyhow, no matter
, how long the war is. Besides, did
, you ever hear ut a Government that
/ broke before the people did! Look
into your big histories, MIR. Smith
and you will fud the people break
before the Governments. Well, then,
| call that at ok Perfectly secure.
Secondly, you wan. the income
Uniform and permanent. Well,
want you to take up a list OF banks
railroads, mines, insurance companies
- anything you choose-and tell me
me (nonor bright, nowD how many
have paid a uniform income Tor ten
or twenty years. Not one in han
: dred, Mr. Smith, and you Know it.
"Now hore.is the Government will
pay yon with Apat varying tittlo. -
Now like something that gives Inc
my income every year.
Thirdly, you want something
which is marketable any day in the
year Now, if you will ask any
bank President, he will rel you tha,
, Government stocks are the only kind
of property that is always salable be
, cause they will sell anywhere in tn,
world.
! "Now, Mr.. Smith, this,.is why pu
t my little savings in Government
c stocks. confess, too, that | wanted
to help that dear old country, whicI
is my home and my country" 81
8 confess" " said Mr.. Smith, II han
thought ol all this. There is q goo
h deal Of sense iu what YOU say, and
!. will go so far as to put two Or thre
" thousand dollars in United State
u stocks 1t can do no harm"
At We left Mr.. Smith going toward, til
5 bank, and Poor Richard returnln
d home, with that calm aud placid al
y which indicated the serenity Ct h
re disposition and the consciousness
y doing right towards his country an
I'd his fellow mau.