Delaware State journal and statesman., 1864-09-30
ARE THE GERMANS WRONG IN WANTING
DIR BONDS?

Not bit Of il No shrewder, thriftier peo-
pie, in matters Of money, exist on earth. Our
JeGsey people and Now England people are
frugal, and industrious people, but they can't
save money like the Germans All Germany is
great eaVings bank. 1t is true that their
working men are not so rich, on an average, as
our working meD, because they don't get more
than one quarter of the wages of our men. But
German can save money, and he knows when
it 10 safe. Now these shrewd, thrifty Germans
want our bonds. They want them BY millions.
They turn aside from the great beggars Of the
world 10 Europe, and come to us Republicans
They treat the notes Of Napoleon and Joseph
and Maximian with Indifference, but want to
discount all the American notes they can get -
The London Times says this is all wrong-that
the Republicans in America are all bankrupt,
and the Germans must be crazy to slight British
and French begGars, and 60 begging, themselves,
to America Are they crazyl We asked Poor
Richard what be thought about ii. "Why," said
be, chow can they be crazy, when they are doing
just what l did little more than year ago,
when put my little savings into Government
six per cent9r Now see what got by ii; just
count up. / have received six per cent in gold,
which averaged 100 per cent. in currency, max
ing IL per cent. income Now, to-day, my
bond ia saable in the New York market at 10
per cent premium, Put these together, and to
day have % per cent. for one years use Of my
Eoney What do you think of that? You
know, as we'll as do, that there are thousands
of people who did this, and to day they have -
per cent on their investments. Why, saw
Miss Jones, our school mann, go TO the bank and
buy a $500 bond. How she got the money
don't know, but these Yankee tchoolmistrosses
are first rate hands at taking care OF themselves
Well, now, count up. If Miss Jones sells her
do IN dow CHI 10 hnr haoL g.. nj
she gets 81 0 clear gain. Can you sharp fellows
down there in William street do any better -
You know l told Mr. Smith, the banker, my
Ideas about that, and he bought So, 600 six per
cent. bonds, and you see he got 81, 100 for q
years use of his money. | met him the other
day, and lie said, 'Poor Richard, you are right
! begin to think, the Government can take care
pf itself, and US too For my part, mean to
buy some of the 1905. The rate of interest is
high enough, and in three years tney will turn
into six per cent, bonds again Yes MIR.
Smith, il IL right, on the money side; but, IL ts
right on the cORnty'S side too. Help your cOun-
Try, or it can't help you. Now, say the Ger
mans are not only right, but they would be right
Il they got half that interest. They cannot
make quarter OF 1t at home" So thought
Poor Richard, and so think we. When we hiak
Of the German opinion Of our situation and our
financial strength, we must remember that they
Are far better judges Of our condition than ne
are, or our enemies arc. They are lockers on
ct great distance They have none of our
enmities or preju Ices. They can examine the
facts disinterestedly. They do and the result
Il verdict that tue American Government, is
llsble--its ability and integrity in meeting hs
faaRcIdt etlgagenenLs unquestiona6ie. This YER
dict, too, is founded on series OF facts which
are unimpeaohable, and well known to every in
tellgent American. Take two or three Of the
most important l. The United States doubles
its population each twenty-five years The
population of tho country, which in 1869 was
tlgealy three nRiionS, will 10 1875 be 6orty.six
aalioas. But the rebellion says some one.-
How much has the rebellion diminished tho
strength Of the United States2 Take this
astonishing fact, that if all the Rebel States had
heeu sunk in the Pacific Ocean, the United
States would in 1875 have a population equal 10
that Of the ph0le in 1865. la othtr ords, fifteen
pd'S will supply the total loss Of the eleven
original Rebel States! What can Impede the
progress of suoh Il cOuntryf 2. The wealth of
the country increased l27 per cent in ten years
Now let it increase but 80 from 1860 to 1870,
aud it will amount to ten times all the lpaus Of
the government. The German knows ghat be
y about. He will get the largest income from
paRa in the world, on the safest security No
auch opportunity has occurred before for the
Investment of money, and in all probability will
never occur again If the American does not
know aud take advantage of this, the German
and Frenchman wilL--Ez.