Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1866-03-29
From the New York Tribune, March ell
s.seyen Thirty at Par ~

WV ht ihtEub uaNt Aouud an AiuS1Aa~
ton for his gloriheation speech more
suggestive perhaps than any in the mar.
Yelous array of facts about national
progress, with which he startled Con-
gress He would have found the money
column in his morning newspaper lead
ing Off with the announcement-"Seve
Thirty at Par" So naturally came this
statement that people accepted 1t as a
matter of course; an ordinary conse-
quence of national existence; a mere
financial growth. Yet when we look at
it closely, we find that this one sentence
quoted from a commercial report, Sew
en- Thlrties at Par" is remarkable IL
lustration of nationality. Where are
the wise men who told us with so many
warnings that the national loan was
merely the sliding glacier upon which
we were whirling to destruction, and
mad Jay Cooke crazy Jay Cooke, wick
ed Jay Cooke, VINO Ventured the belief
that tne sla~vIer was not glacier after
all, OUT sure, firm, solid ground, where
sras,J would grow some day. was held
UP to reprobation Jay may have been
I too enthusiastic for US. We thought so
at the time, We do not think so now.
de had his sar close down, near to the
heart of thc people, and he felt every
| pulsation, strong, regular and deep; no
sign of ossitication or syncope; and he
knew that the people were true, and
that whether IL were one million or ten
thousand millions; every dollar would be
| given to the nation, even to the last COW
in the barn, or the last sheaf of wheat
falling under the reaper
Poor man-begrimmed and dirty-take
out your green seven-thirty, smooth its
creases, and gladden. your eyes No mer-
| curial mining stock that, representing
the cupidity and avarice of some scape-
grace Spectator, who lives in Paris on
your good hundred dollars, and leaves
you-well, so much silk or lipen paper,
value ten cents pound. Widow, your
husbands pension and bounty and mod
est life insurance Che who was offered up
at Gettysburgh q sacred burnt Offering
that the nation might live, are securely
bound in that bright, gaudy, narrow,
Componed green paper. No trust COM
panies. nor insurance directors-nay,
nor savings bank peopie-have held
them at beggarly four or five per cent,
with chances of failure; Of ships going
down at sea; Of land.rats and water
rats and dangers of fire and food.
Safe and stanch they are, and your
seven dollars andlthirty cents interest is
as sure on the first of next June-as
sure we Were about to say, as death,
but the smile is rather sad one-and
may you live many years, and see these
bright-eyed, orphaned boys grown up to
honor and fame. as men worthy of in
heriting their fathers sword. Sink
your furrow deep and roll in the har-
vest, Squire Ezekiel, and buy that ten
| acre field whose purchase will gladden.
your heart Seven Thirty has your
money tight and strong-the money Of
crops and harvests-that you gave so
timidly last Fall to the eager Jay Cooke.
Go up to the bank to-day and take it
back again if you will, dollar for dol
lar Of principal, and penny for penny OF
| interest. You would rather not , Well,
we thought 50. For knowing a good
| thing when he has 1t, commend US to
this same Squire Ezekiel, who bends
| over his plOS to-day and wishes that
he had put the other thousand into
| Seven ThiEties and never listened to the
| people who insisted upon his buying in
to the Eldorado Mining Gold and Silver
Company which was to pay him fifty
per cent, May you live to see your e.
dorado at par Squire-which is hoping
you we'll become a very old man.
SEVEN THIRTY AT PAR" What q
world of triumph, OF strength, of nat
ural confidence, of virtue, of real lusty
manhood, lies in the depths OF that sim
| pie commercial sentence. In the face
Of g. hundred predictions-in spite Of
the national ruin that was set apart for
us-nay more; Notwithstanding the
great debt which was to weigh upon US
| like the burning mountain upon with
ing Enceladus, this Seven Thirty-the
emblem of Americas faiths to-day
at par. In the mean time, We have dis
missed armies we have broken up our
navy and sold it piece by piece at auc-
tion we have sent million of men
| home to loom, pillow, and anvil we have
gradually driven down gold until specie
| payment is almost at hand. In its own
! speedy time, that must come. We have
kept the Seven Thirty at par. That is
one good thing. Now let US have dol
lar for dollar-and make the greenback
as good as gold, or rather, as we hope
soon to say, the gold as good as the
greenback