The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1864-11-16
yleO ea,0bcrtisllllcl1's, S,
Are the Germans Wrong in
antlng our Bonds?

Nc, a bit of itl Ne shrewler thriftier peo.
pie, in mattacs OF uIopey, exist 0 u earth our
Jersey people and New England p.opie are a
itruSai, Industrious people, but thry cant't
save money like the Germans. All Germany
is great saving bank. 1t Is srue that their
working men are not so rich, or an average.
as our working men, because they don't ger
more than ore quarter OF the wages of our
men. Bat German can save money and he
knows when it IS safe Now th-sr shrryyd.
thrifty Germans want our bonds They want
them by u iliicMs They turn aside from the,
great heggars of the world III kurope, and
! come to US r. tpuUljean,. They treat ;h-
notes OF Napoleon aud Joseph ana Macmillan
/ with Indifference but want 10 discount All the
| American notes they can geE. The LoNpoN
TlNss says this is ali wrOng-that the Repub
icans in America are all banknip., ana the
Germans must be crazy to slight British and
! French begsars, and so begging, themselves.
| TO Am -liGa Ars they Graz. p Weasked pooE
/ hIcAA Id What he thought about il, "Whr y
sald A7, ''how can they be crazy, when they
sfe doing just what die a little more than a
fytAr ago.T when pot nav little savings into
Gosernnfent SIX per cents? Now see what
goaby Il; JGst uenAt up, nave ieceived six
per cent. iu gold, which averaged 100 per
cent, il currency; making 2 per cent income.
Now, to-day, lIiiS bond is sal BILE in he New
York market at 10 per cent. premium Put
these together, and to-day / have d per cent
fer ears use Of my money! What do
sou think ef thau You know. as we'll as
tJo that there are thousands OF people who
did this and to day they have - per cent
on their Investments. Why, saw Miss Jones
Iour school man, go to the bank and buy
$500 bond Eaw shegot the money IFdon't
know, but th,se Yankee scho )ltnis stresses are
irstrate 'Dds at taking care Of themSe!ve
Well nov, copntup. II Hiss Jones sells her
bouds to-day she gets her $500 back SAFE and
h gets 'Sllle clear gain. Can you sharp f,l
lows down there ii William street TO do any
betteri You know | tol1 SIR. Smith the
banker my IDEAS ahJut that, and he bought
S5 000 six per celt. ben IS, and you see be
gog 81, lU0 ior years u.e OF his money. [
met him the other day. aud he said, Poor
Richard. g,u are Ii ght begin to- think. the
Government eau takz care OF itself, and us
TOO. For my part, sieau to bny some OF ths
SOS. The rate o! interest is high enough.
aud in three years they w,li turn INTO SIX per
cent. bonds AGAIN. Yes, Mr.. Smith, il Is
right on the money sidP; but, it is rie ht On
the country 5 sid 700. Help your couutrs,
or it cau'J help you. Now, 1ISay the Germans
;lre-not only risl.i, but they wouhi bs right
If tlieg got han -that interest. They cannot
IN ke quarter of 1t at bom+.' so thought
Poor Richard aud think we. When We
think of the German opiuio on OF cur situation
and ol.r tinaneial =. eIlsti, We must reueni-
ber that they are far batter Judges OF our con
tltion thansws are or our enemies are. They
a.e lockers ons At gteat dis ance.. They
have none OF eur ennlties or prejudices.
'rhry can examine the facts 7tisinterest ediy. !
The ito. ana the rssatt is d verdict that the
American G~yernWent is stab!e--its ability
and integrity ia rn7eting its financial engage
nients unYuesaonablz. This verdict, teo, is !
founded on series of facts which are uniIn- |
peach,p able, and ,ge known 20 every inteiiige
American. Take tive thEee of the most |
i'm postant: ! 3'he Upitel States double its |
each twenty i've gears The pop /
ulatiou of the country, which in 1850 was
twenty three millions, will IN 1875 be feRy-
six millions Bat the rebeliou! says some
ose, Eios much has ihe febellion dnliu;sh ed
Tie strength Of the United States2 Take this
s.;: oi;shin. fact that If all the Rebel Sta, es
had bern sunk in 3se Parifc ocean, the Dui-
ted states would inr 1875 have a population
aGuaitc that OF the whole IN 1850 In other
eoris, hfeeen years will supply tie fetal loss
pf the eleven original Rebel 5tatesI What
san inp.ie the prugress OF, such country?
2. The wealth of the cpuntry increased III
peE5csnt,si4. ten years. Now let II increase
AZ sse fsoE lSTo aaa il viii ameunt TO ten
Zines All The loans ,setsshe. government. Th4l
4erman. knows s is about lie viii
y4t the Largest aSsae from loans in the
world on the safest secnritv. No, .suoh op-
,ortunity haa occurred before foksthe invest
neut of money, and al pFoG1bility viii
lever occur again. II th4 A,nxrican oocs net
znow d take advalt sc OF this, the Gernlan
.ud Freuchulau wiu.-Ex.
November Z, 1864.