The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1865-02-15
Are the Germans Wrong in
Wanting aur Lands?

Not a hit Of itt No shreH !er, thriftier peo
ple, in matters If money exi.. On earth. ON,
Jersey people and New iinsia,id people are .
| frugal, Industrious people, hpt thy can't,
save money like the Germans. Ali Germany
il s.sa. sayipg h rE. r. Is .rue thai .s.i:
| working men are ne, 80 rich, on an average
| "a oar working men, beesnse they don't gel
more than one quarter OF the wages OF cul
men. But German can save mouey and he
tnows whsn II il safe. Now thess shrnwd,
thrifty 4ermans ami orr bonds. They wan,
them by millions. They turn aside fiom the
great beggars of the world in Europe, and
come to US Republicans. They treat the
no.es ef Napoleon and Joserh sna Nsxsroi,'an
with Indifference but want TO oisueunt s.i .ae
American notes they esp ger. The Jospcs
TIMEs SAYS this is all wrong--fhat tile Rep1b.
licaps in America are sii bankfupt aud the
Germans must be crazy to slight British and
French beggars, and go begging, themselves,
to America, Are they crszyY We asked Poor
RICHARD what he thought about il, .y-' hy I"
said he, show can they be crazy when thev
are doing just what did little more than
year ago, when | put nv little savings into
Government six per cents9 Now see what
got by it; just count up, | have recsivsI six
per cent in gold. which averaged leo per
cent. il currency; making / 2 per cent. Income
Now, to-day, my bond is salsble i'll tie view
York market at 10 per c.,rt. prsuirr. mt
these together, and 70 day l have % rer cent
for one years use OF my money! What d.,
Won think OF that? You know, as veil as /
do, that there are Thousands OF people who
did this. and to-day they have g Per cent
OH their invSstments. Why, saw .liiss Jon-s,
eur school lnan, go to the bank ana buJ
$500 bond. How she got the mouey dSn't
know, hut these Yankee schoolmistresses are
6rstrste hands ct taking care of themselves
Well, now, count up. II Misc Jones' SELLS her
bends to-day she gets her $500 back ssfe and
she gets ST o clear gain. Can you sharp tel
lows down there in William street to 10 ANY
betterf You know | told Mr.. Smith the
banker my ideas ebort that, and be hcupbt
SIS 900 six per cent. bouds, and You See he
got 81 100 for years use of his money. !
met him the other dav, ani he said, ..Poe,
Richard, you are right; begin to thirk. RI.
Government can take care of itself, aua us
too. For my part, meau to buy some OF the
7 .3e's. The rate OF interest is high enough.
and in three wears they will turn into six per
cent. bonds again" "Yes, Mr.. Smith, It is
right, gon the money side: but, II is right on
the country's side too. Help your country,
or it can't help you. Now, sav-the Germ ans
are not only right, but they would Le eight
II they got half that interest. They cannot
make quarter of it at home" So theught
Poor Richard. and so think we. When we
think of the German opipion of eur situation
and our financial st 'epgth, must remem-
Der that they are far better judges of our con-
1ition than We are, or our enemies are. ihoy
ne lockers on, at great distance. Thtv
have none of our enmites or prejudices
rhey can examine the facts 6isinterestedly !
fhev do, and the result is verdict that the
Gar e. sot,l
tnd integrity in meeting its financial engage
nents unquestionable. This verdict too. is /
ounded on a series of facts which are unim- I
and we'll known to every intelligent !
American. Take two three of the most
important: /. The United States double its /
population each twenty-five years. The pop
ilation of the country, which in 1850 was !
millions, will III SIS be forty |
ix millions. But the rebsllioni says some !
me, How much has the rebellion diminished
he strength of the United States? Take this |
fact, that II all the Rebel States |
lad been sunk in the Pacific Ocean, the Uni |
ed States would in le75 haze population |
qual to that of the whole in 1850 In other I
words, ffeeen years will supply the total loss
# the eleven original Rebel Statesl What
an impede the progress OF such country?
. The wealth of the country increased III
er cent. in ten vearsi Now let it increase
nj so from 1870. ard it will amount to ten
ines all the leans OF the government. The
ierInan knows what he is about. He will /
ct the largest income from loans in the
Torld, on the safest security. No such op-
ortunity haa occurred before for The invest
1ent of money, and in ell probability will
ever occur again. IF the American does net
now and take advantage of this, the German
nd Frenchman will.-Ex.
November lG, 1864.