Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1864-10-07
NO. %.
ARE THE GERMANS WRONG IN WANTING our
R0H8R


Not bir of it No shrewder, thriftier
people, in matters OF money, exist on earth.
Our Jersey people and New England people
are frugal, industrious people, but they can't
save money like the Germans All Germany
/ is great savings bank. It is true that their
working men are not so rich, on an average
IS our working tnen, because they don't get
more than one quarter of the wages OF our
men. But German can save money, and be
knows when it is safe. Now these shrewd
thrifty Germans want our bonds. They want
them by millions. They turn aside from the
great beggars of the world in Europe, and
come to us Republicans. They treat the notes
of Napoleon and Joseph and Macmillan vii
Indifference but want 10 discount al ne
American notes they can get. The London
Times says this is all wrong-that the Rapuo-
licsus in America are all bankrupt, and the
Germans must be crazy to slight British and
French beggars, and go begging, themselves,
% America. Are they crazy? We asked
Poor Richard what he thought about it
+" Why" said be, how can they be crazy,
when they are doing just what ] did a little
more than year ago, when I put my little
savings into Government six per cents ? Now
see what l got by it ; just count up. l have
received six per cent. in gold, which averaged
loo per cent. in currency, making II per cent
income. Now, to-day my bond is sseahle in
The New York market at 10 per cent. pre-
MUM. Put these together, aud to-day [ have
% per cent. for one years use OF my money
What 10 you think Of that You know, as
well as [ do. that there are thousands OF peo-
Il i,
cent, on heir investments. Why, saw Miss
Jones, our schoal- nam, 90 to the bank and
bay $500 bond. How she got the money
don't know, but these Yankee schoolmistresses
are firstrate hands at taking care of themselves
Well, now, count up. If Miss Jones sells her
bond to-day she gets her $500 back safe, aud
she gets SII0 clear gain. Can you sharp e'-
ows down there in Winter street. do any bet
ter? You know | told Mr. Smith, the bank
er, my ideas about that, and be bought So 900
six per cent. bonds, and you see he got 81, LOO
for a years use of his money. l ret him the
other day, and he said, Poor Richard, you
are right; / begin to think, the government
can take care of itself, and Us too. For my
part mean to buy some Of the sos. The
rate Of interest is high enough, and in three
years they will turn iBto six per cent. bonds
again Yes Dir. Smith, it is right, on the
money side; but, ii as right on tie countryE
side too Help your country, or it can't help
you Now, l say the Germans are not only
right, but they would be right if they got
half that interest. Th y cannot maken quart
er of il al home" So thought Poor Richard
and so think we. When we think OF The Ger
man opinion of our situation and our financial
strength, we must remember that they are far
better iadges Of our condition than we are, or
our enemies are. They are lockers on, at
great distance. They have none of our enmi-
ties or prejudcss. They can examine the facts
disinterestediy. They do; aUl the result lis
verdict that the American Gpvernment Is
stabe-its ability aud Integrity in meeting its
financial engagements unquestionable. This
verdict, too, is founded on a series OF facts
which are unimpeachabe, and well known to
every intelligent American. Take two or
three Of the most important l. Tde United
States doubles its population each twenty-five
years. The population Of the country, which
il 1856 was twenty-three millions. will in
875 be forty-six millions. But the rebellion
says some one. How much has the rebellion
diminished the strength Of the United tates ?
| Fake this astonishing fact, that If all the
Rebel States had been sunk in the Pacific
Ocean, the United States would in 1875 have
a population equal to that of the whoIs in
1860. In other words, fifteen years will SUP
ply the total loss of The eleven original Rebel
States! What can impede the progress Of
such a country? 2. The wealth OF the counI-
ry increased I27 per cent. in ten years Now
let it Increase but so from 1860 to 1870, and
it will amount to ten times all the loans of the
Government The German knows what he is
about He will get the largest income frou
loans in the world, on the safest security. No
such opportunity has occurred before for the
investment of money, and in all probability
will never occur sgain. If the American
does not know and take advantage of this, ths
German and Frenchman will.--E1.