The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-10-08
7'3OSi-5 5-2Osi

Beware How You Vote, Holders of 1905
and 5-2Os, National Loan and National
Bank Stocks.
Suppose the Rebels of the South and their
sympathizing friends, the Copperheads of the
North, elect majority OF members to the next
Congress of the United States. In that event,
Judging from the tone OF the Rebel newspapers,
the great question will be, "Shall Congress
assume to pay the $3,00O,0 600 Confederate
debt?" Is such case possible? Let us see.
This Confederate debt is at present worth
less; but with full representation from the
Southern States, and enough sympathizing Cop
perheads in the North to form a majority in
Congress- this Confederate debt of bonds and
Confederate notes may become as valuable as
the 7-3Os or 5-20s United States greenbacks, or
national bank notes. 1t is very easy to be DONE
The Confederate debt is now considered worth
less, and millions of dollars of it can be had
Tor very small sum. Now, suppose Congress
assemblies with majority of Rebels and North
ern sYmpathi8eTs, is 1t not likely that Rebels will
want their Confederate debt assumed by the
United States, with the argument that both
Confederate and Federal debts were contracted
by war, and unless the North agrees to assist
IN paying the Confederate debt, the South will
refuse to assist in paying the debt of the United
States?
In order to create an interest in the North in
advocacy, OF the payment of the Confederate
North and sold at low rate, or placed in the
hands OF influential men of the Copperbead
party, This will create a Northern party in
savor of paying it. This Nortnern party will
bring its influence to bear upon Northern Con-
gressmen who sympathize with their Southern
brethren, to help these men to see the propriety
and justice of paying both debts, Federal and
Confederate. They may become holders OF 1t,
through the generosity of their Southern
brethren, to the extent OF 100000, S500,000 or
81, 100000 to each Congressman, at no cost to
them, or, if any, nominal one. Here is an
opportunity for Northern Copperhead Congress
men who sympathize with their Southern breth-
Ten to realize fortune by an act that they Will
assert is only just and right. Is not the tempta-
you are now living the thing will be attempted,
and, if possible, carried into effect Where then
will your 7'30s 20s, and National Bank stock
be, with a national debt of from five to six thou
sand million dollars double what it is now
Instead of being above par, as at present, they
will go far below par, to perhaps fifty or sixty
cents on the dollar, and large increase of taxes
TO pay the great increase Of national interest to
be paid.
Remember, reader the entire capital of nearly
every National Bank is invested in National
United States bonds, which are deposited with
the Government to get national bank notes for
circulation, so national bank notes and green
backs will become equally deprecated with
United States bonds.
The Republican party can be judged for the
future by its past acts. and our only positive
security is in sustaining it. Let all vote under
standingly. If the author of this was confident
the Southern Rebels and the Northern Copper
heads would succeed in getting control of the
National and State Governments, he would
Immediately sell his national bonds and bank
stock, and advise his friends to do 50.