The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1864-09-26

Arc the Germans wrong In wanuns
Our Bend!
Nota bit of it. No shrewder, thriftier
people, IN matters of money, exist on
earth. Our Jersey people aud New Eng.
land people are a frugal, industrious peo
PIE, but they can't save money like the
Germans. All Germany is great sav.
lngs bank. 1t is true that their working
men are not so rich. on sn average, as our
working men, because they dou't get more
than one quarter Of the wages as our men.
But German can save money, and he
knows when it is safe. Now these shrewd
thrifty Germans want our bonds. They
want thea. by millions. They turn aside
from the great beggers of the world in
Europe, and come to Us Republicans
lbey treat the notes of Napoleon and
Joseph and MaxImilian with indifference.
out want to discount all the American
uotes they can get. The London Tunes
says thiG is all wrong-tha, the Republ-
caus Of America are all bankrupt, and the
Germsns must be crazy to slight British
and French beggars. and 90 begginp p,
themselves, 10 America. Are they craz,Y
We asked Poor Richard what he thought
about it. "Wby." said he, Chow can
they be crazy, when they are doing just
.hat ! did little more than year ago,
when put my little savings into Gov
ernment six per cents? Now see wha,
got by it; just countup. have received
six per cent, in gold. which averaged 100
per cent. in currency. makidg IL per cent.
income. Now, to-day. my bord is salable
ia the New Y York market a. 10 per cent pre-
mium. Put these together, and to-day
have 2a per cent. for one years use of
NY money! What do you think of that?
You know, as we'll as l do, that there are
thousands of people who did this, and TO-
day they have 22 per cent. on their id
vestments. Why, saw Miss Jones, our
ohooi nam, 60 to the bank and buy a
$500 bond. How she got the money
don't know, but these Yankee schoolnis
tresses are first rate hands at taking care
of themselves. Well, now, count up
Ii Miss Jones sells her bonds TODAY she
gets her $500 back safe, and she gets clio
clear gain. Can you sharp fellows down
there in William street do any better!
You know | told Mr. Smith, the banker
my ideas about that. and be bought S5, ,OOt
slx per cent. bonds. and you see he go
, 81 900 for years use of his money.
met him the other day, and he said
Poor Richard, you are right; begin Il
think, the Government can take care d
) itself, and us too. For my part, mear
to buy some of the 730's. The rate o
interest is high enough, and 10 three year
they will turn into six per cent bond
again 'Yes, MIR. Smith, it is right, o,
the money SIDE; but, 1t is right on tn
G couatry's side loo. Help your country, o
j. i. can't help you. Now, l say The Ger
! mans are no; oDlj right, but they voui
be right il they got half that iuteres
They cannot make quarter of it at home.
> Soathought Poor Richard, and SO thin
y We. When We think Of the German opir
o ion of our situation and our 6nanci
strength, We must remember that they Al
3 far better judges Of our con iition tba
, we are, or our enemies are They al
= lockers on. at great distance The
fe have none of our enmities or prejudicet
They can examine the facts disintereste,
,r " They do; and the verdict that II
American Government is stable-i
ability and integrity 10 meeting its fina
;" cial Engagements unquestioaable. Til
a verdict, too, is founded on series of fac
to which are unlmpeachable, and we'll know
j. to every intelligent American. Take t,
:, or three OF the most important /. II
United States doubles its population ea
twenty five years. The population of t
:" country, which in 1850 was twenty. e
y, millions. will in 1875 be forty-six million
ly But the rebellion says some one. liz
much has the rebellion diminished t
Al strength of the United States Z Take Il
astonishing fact, that if all the rel
10 States had been sunk in the Pacific Oces
Is the United States would in 1875 have
C. population equal TO that of the whole
iI860. In other words, fifteen years =
10 supply the total loss OF the original Rel
States What can impede the progress
o' such q country? 2. The wealth of /
err country increased l27 per cent. in
id. years Now let it increase but 80 fr
ple 1860 to 1870, and it will amonnt to
times all the loans of the government
The German knows what be is about.
''' will get the largest income from loans
ma the world. on the safest security.
be such opportunity has occurred before
are the Investment Of money, and in ell pr
rm aDnity will never occur again. II
American does not know and tske adv
tage Of this, the Geruan and Frenehu
7 wM.-lEx.