The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-10-05
Are the Germans Wrong in
Wanting Our BOndSI

people, III 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 Il great savings bank. tits true
that their working men are not SO rich, on
an average, as our working men, 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 is safe
Now these shrewd, thrifty Germans want
our bonds. They want them by millions =
They turn aside from the great beggms of
the world in Europe, and come to us Re
publicans. They treat the notes of Napo-
leon and Joseph and MaXimiian with indif-
ference, but want to discount all the Ameri-
can notes they can get The London Times
says this is all wrong-that the Republicans
in America are all bankrupt, and the Ger
mans must be crazy to slight British and
French bcggars, and go begging, themselves
to America Are they crazy? We asked
R6or R,churd what he thought about it
Why said he, 'thow they be crazy, when
they are doing just what did little more
than year ago, when | put my little saw
ings into Government six per cents? Now
see what got by it; just count up. | have
received six per cent. in gold, which avera-
ged 100 per cent. in currency, making II
per cent. income. Now, to-day my bond
is salable in the New York market at 10 per
cent. premium. Put these togethet and to
day have - per cent. for one years use of
my money What do you think of that?
You know, as well as | do, that there are
thousands OF people who did this, and to-
day they have % per cent. on their invest
ments Why, | saw Miss Jones, our school
man, go to the bank and buy a $500 bond
How she got the money don't know, but
these Yankee schoolmistresses are frstrate
hands at taking care of themselves Well
now, count up. If Miss Jones sells her
bonds to-day she gets her $500 back safe,
and she gets Sll0 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 he bought
s., 900 six per cent bonds, and you see he
he got 81, 100 for year use of his money.
| met 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 1905. The rate of interest, is high
ennugh, and in three years they will turn in
to six per cent. bonds again. ''Yes, Mr.
Smith, it is right, OH the money side; but,
u as r'gVt on u'e' ,y eo""Hy sac 700. b, y delp2
your tco9mll.ry, or IL can heip YOU. NOW, l
say 11e ueflhans Is are not oniS,rSht, IT put they
wv, Tpuio DC rlsnt II they got half tilat interest,"
hef ciellot b nlakG "a quarter OF 1t at nome.
20 W, .nou9lt i9or hichafa' ana SO tilltk we;
men we 1h'hk Oh tle uermah OPINION OF
our SITUATION ana our hnahclal strength we
mus. remember 1ilat they are 1ar better
Juogcs oi our c1r1ul.loh 1T thdh , we are, OF our
chenl'G: =: are y ney are lockers on, at
srea. 1Inl dls1anee' ~, ney examine me laGts DIS
lh,ercs'eay' lhey ao, ana tile result Is q
I veIdict that ne American Government Is
Stap;eu1: t G'"'Ty ea" MSeg'7y IN "sGrE''9 11
,TS TT 1oIncGW % t"g''?e4efnSs Ial0es''onrCIr =