The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1864-10-14
ARE TEE GERMArJ8r WRONG IN
WANTING OUR BONDS?


earth. Our Jersy people and New Eng
land people are frugal industrious peo-
pie, but they cant save money like the
Germans. All Germany is a great saw
ings bank. II is trus that their working
men are not so rich, on an average, ss
our working men. because they don't get
more than one qusiter Of the wages of
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 beggsrs Of the world in Europe,
and home to us Republicans. They
treat the notes Of Napoleon and Joseph
and Msximilian with indifference. but
want to discount all the American notes
they can get. The LondoH Times says
this is all wrong-thst the Republicans
in America are all bankrupt. and
the Germans must be crazy to slight
British and French begysrs. and 60 beg
ging. themselves to America. Are they
crazy? We asked poor lsichard what
he thought about it.. "Why." said he,
show can they be crazy, when they are
doing just what l did little more than
year ago, when l. putmy little savings
into Government six percent? Now see
what l got by "; ust count mp. have
received six per cent in gold, which ay-
erage 100 per cent, in currency, maAleg
1e per cent incom Q. Now, t). day, my
bond is saleabe in the New York market
at lO per cent prennum. Put these to
gesther, and to-day I hsve 22 per cent
70 one years use OF my money! What
do you think ofthat! You know, as we'll,
as | do, that there slre thousands OF peop
le who did this, and to-day they hays 22
per cent. on their inv astments Why, 1
saw Miss Jones, our school nam. g. to.
the bank aud buy $500 bond How
abe got the money d, oa't know, but these
Yankee schoolmistr asses are trstrate
hands at taking care OF themselves. Well,
now count up. Ii. Mi IS Jones sells her
bonds to-day she gets Ter $500 back safe,
and she gets 8 . Gle; " gaiu. Can you
sharp fellows down there 10 Willrm
street do any better: You know told
Mr.. Smith, the banker. my ideas about
that. and he bought rs, 600 six per cent.
bonds. and you see he otSl,lo0 for a
years use Of his money. met him the
other day. and he said, 'Poor Richard,
you are right; l began to think, the
Government can take care of itself, and
u. too. For my part, l m can to buy some
OF the 7.30's. The rate tM interest is hig
enough, and in three yea, they will turn
into six per cent. bonds again Yes,
Mr.. Smith, tits right, on he money side;
but, IL H right on tho eourai ry's side too.
Help your country, or it cs.n't help you.
Now, say the Germans are not only righ
but they would be right if they got half
that interest. They cannot make quar-
ter of it at home" SO thought Poor
Richard. andiso think we. When we think
of the German opinion of our situation
and our financial strength, we must re-
member that they are far betl er judges OF
our condition than we are, or our enemies
are They are lockers on, at great dis
lance. They have none ol' ou r enimitiesI
or prejudices. They can examine the
facts disinterestsdly. They do; and the
result is verdict hat the American Gov
ernment is stsble-its ability ard stegrity Or
meeting its6aancial engagsmea u nQaestio-
nabie. This verdict, too, is fpun ded on
a series OF facts which are unin1pe. mhabIe,
and we'll known to every int elIigent
American. Take two or three Of Il ,e most
important: |. The United States oubles
its population each twenty five y. ars----
The population of the country, which in
1850 was t,oenty three millions, will 1875
be forty-sir millions. But the rebel lionl
says some one. How mulch has the re-
belhon diminished the strength of the
United S, Atss? Take this astonishin ia ct.
that if all the Rebel States had been su uk
in the Pacific Ocean, the United Sta! es
would in 1875 have population equal to
that Of tie Whole in 1850 In other VIC rd ,,
ftteea ysars will supply the total loss OF
the eleven original Rebel States! W ha I
can impede the progress Of such country q
3. The wealth of the country increa, es
l27 per cent in ten years! Now let in
crease but 80 from $50 to 1870, and it
will amount to ten times all the loans of
the government. The German koow S
what he is about. He will get the largest
Income from loans in the world, on the
safest security. No such opertuuity has
occnred before for the Investments of
money, and in all probability will uever
occur again. II the American does not
know and take advantage Of this, the