Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-03-26
"SeVen-Thirties at Par.''

! From the Tribune.
If General Banks had waited day or two, he
might have found illustration for his gloriicaon
speech more suggestive than any perhaps in the mar
vellons array Of facts about national progress with
which he startled Congress. He would have found
the money column in his morning newspaper leading
OH with the announcement -thirties at par
SO naturally this statement that pcople accent
e6 1t as matter Of ordinary consequence
Cl National existence; q mere financial growth Yer
when we look at it closely We find that this one
tence, quoted closely, from a commercial report,
sSeven-thItles at par" is remarkable illustration
Where are the wise men who told us with so many
warnings that the national loan was merely the
Sjidlng gacler upon which we were whiring to de-
strqctt9q. and mad Jay Cooke crazy Jay Cooke
wicked Jay Cooke, who ventured the belief that the
glacier was not glacier after ALL but sure firm solid
ground where grass would grow day, was held
up 20 reprooat!on? Jay may hare been too enthu-
sastIc Tor us. We thought so at the time. We do
not think so now. He had his ear close down near
TO the heart of the people, and he felt every pulsa
ton strong, regular and deep; sign of ossfcation
or syncope and he knew that the people were true
ana that whether 1t were one million, or ten thou
sand millions every dollar would be given to the ma
ti"h, even 70 the last COW IN the barn. the last
smear OF wheat falling under the reaper
POOR nan-hcgrlmed and dirty-take out your
green Seyen,Ihlrty, smooth its creases. and gladden.
your eyeSI No jDercuriai mining stock that repre-
sentnS the cupidity and avarice of some scanegrace
SPECTATOR who lives in Paris on your good hundred
dollars and leaves yon-well so much silk or linen
paper, value ten cents pound. Widow, your hus-
bands pension and bounty and modest life insurance
me VINO was offered up at Gettysburg sacred burnt
9ierl4& that the nation might live. securely
bound in that bright, gaudy, narrow coup0ned green
paper No trust companies, nor insurance directors
nay, nor savings bank peOVle-have held them Mt
DeGgary four or five per cent, with chances of fail
ure; OF ships going down at sea; of land-ratS and
ater-rats, and dangers of fire and food
Safe and stanch they are and your seven dollars
ana thirty cents interest the first of next
Jun@-as sure we were about to say DEATH but the
snlle Is rather a sad one-and may you live many
years, and these bright eyed, orphaned bows
Grown up to honor and fame, as men worthy of
inheriting their fathers sword. Sink your fur
row Deep and roll in the harvest, Squire Ezekiel
and buy that ten aero field. whose purchase
viii gladden. your heart. Seven-thirty has your
and haryests-that you gave so timidly last fall to
the eager Jay Cooke. Go up to bank to-day aud.take
1t back again if yeu will dollar for dollar of princi
pal, and penny for penny of interest. You would
rather nOti Wen, we thought so. For knowing a
good thing when he has it, commend us to this same
squire Ezekiel who bends over his plough to-day and
Wshes that ne had put the other thousand into
thlrleS and never listened to the people who insisted
upon his buying into the Eldorado Mining Gold and
Silver Company, which was to pay him fifty per cent
May you live to see your Edorado at par, Squire
which is hoping that you will become very cid man
SEYEN-IHIRTIES AT PAR R!'-What q world oftri-
umph, OF strength. of natural confidence, of virtue
OF real usty manhood, lies in the depths of that sim
pie commercial sentence. In the face Of hundred
predictions-in spite of the national ruin that was
set apart Tor uS-nay, more, notwithstanding the
great debt which was to weigh upon like the burn
ing mountain upon writing Enco 'dus, this Seven
Ihlrty-the emblem Of Americas faiths to-day at
par
In the meantime, we have dismissed armies: we
have broken up our navy and sold it piece by piece
Mt auction; have sent million of men home to
loom, pl0w, and anvil have gradually driven
down gold until specie payment is almost at hand. In
the Seven Thirty at par That is good thing.
NOW let us have dollar for dOllar-and make the
greenback as good gold, rather, hope soon
10 say, the gold as good as the Greenbacks.