Pomeroy weekly telegraph. [volume] (Pomeroy, Meigs County, Ohio) 1860-1866, 1865-03-02
Proposals of the Government.

Again we direct attention to proposals of
the Treasurer Of the United States, to dispose
of limited amount of bonds Of the Govern
ment, the proceeds of which are necessary to
the suppression of what still remains of the
rebellion: the realization of which through
such course she prefers, rather than resort to
further issue of Treasury bills, which it is
apprehended might disturb the equilibrium,
which under well regulated Government,
should always exist between gold and
currency, This course for the future rcai-
zation of means beyond the regular in
comd Of the Government, may now be consd-
cred her fixed and unalterable policy, which
must meet the appreciation of all who are
hearty in the support of the policy of the Gov
ernment and enlarge the confidence of the
public in all her financial assumptions.
In the disposals of the present loan, the
Government has happily obtained the efficient
services of Jay Cooke, Esq, Of the city of
Philadelphia, Pa, than whom more efficient
person in this connection cannot be readily
found The proposals of Mr. Cooke in this
behalf entitled ~. s. 7-30 Loan" will be
found in our advertising columns, the terms of
which, by intelligent business persons, are es-
teemed most favorable, and sufficient induce
ment to oil who have surplus funds for in
vestment, whether in large or small amounts,
to which we refer the reader for particulars,
believing that any comments on our part would
be superAuous.
Now that the cause which induces this de-
mand are about eliminated, and that no one
can fail to see that rebellion is doomed and
subject to speedy dissolution, it must be un-
derstood that the credit of the Republic will
rise with the occasion, and continue so to do,
until she shall resume her wonted authority at
home, and standing in the estimation of all
other Governments ..
In the procurement of money beyond
her income, which was necessary for the sup
preston of the rebellion, the Government
sought relief from her own people, rather
than among foreign powers, who were un-
friendly to our form of Government, and were
supposed to be in league with rebels at home
to accomplish its overthrow. The patriotic
people of the United States who had become
enriched under the fostering care of their Gov
ernment in former years, responded lavishing
their means upon their own Government,
which has induced her success : and now in
turn, if disposed to sell the bonds of the Gov
ernment held by them, aside from interest on
the investment, can realize premium of from
9 to II per cent on the dollar of their invest
ment -aa IRA
The German capitalist by far more patriot
ic and discerning than the British subject,
some time since, discerning the recuperative
power of our Government, affected large in
vestments in U. s, stocks, on which they can
this day realize in the London market hand
some profit, which the British subject lost
through his repugnance to Republican institu-
tons, and now pays the German large pre-
MUM to procure
The new loan now advertised, is being dis
posed ofmost rapidly. On the 2Oth ult, over
$1,000 600 were subscribed; on the 2lst,
22daha 23d, over 100000; on the 24th,
|$3, ,I6S, ,450; on the 25th, over s9,5OO,OOO;
and during the past week, $21oOO,OOO more
Of this popular stock was taken The total
since the lst Of Feb is equal to sos, 600, 900,
leaving uusold about S12O,OOO,OOO, which we
believe will be absorbed in thirty days. The
Cincinnati Gazette says: .The orders from
Europe for $40 bonds continue very large,
and very large amounts are going out by every
steamer Our military successes SO inspire
confidence abroad as to counteract the effect,
on the foreign markets, of the decline in gold
and exchange on this side"