Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1868-05-08
WHO oWN THE BONDS.

OF the five richest men Of the metropolis,
only two hold, individually, any United
States stocks, az all and those to a very Iu-
considerable amount.
These bonds besides the three or four
hundred millious held abroad BY cur friends,
principally IN Germany, constitute the IN
vestmants of savings banks, marine fire
and life insurance companies, and the trust
estates In this State the savings bank
alOue hold no less than forty-nine millions
Of dollars; IN Massachusetts, twenty five
millions; 10 Rhode Island, thirteen millions,
and so on OF many OF the other States. In
this city the surplus funds of the life instr
aucg companies, to the amount Of twenty
millions are invested IN the same way The
marine and fire insurance companies hold
no less, or in the aggregate, about forty-six
millions of dollars. In other words, again,
the savings banks and the insurance compa-
MES doing business in the State alone hold
one hundred millions Of the United States
stock la this, trust estates, which VIC
have no means OF getting at, are not inelu,
dcd
In the State Of New York alone The de-
positors IN the savings banks who own this
5000 600 Of United States stock are no
less than ass ,50l in number In the State
bA VI aSSdGAlAGNAAs lucy dlE no lGS1 lsiAu DID,
600 10 number making in all, in two States
alone, uearlya million Of persons who are
vitaliy concerned in the permancnce ana
appreciation Of our national securities.
Now, let rs ask, are these all capital
lists, are they all ariStocratic bondhold.
ers, are they even OF the easy classes
Let Us take list Of one Of the banks now
before Us, and trau>cribe some Of the princi-
pal occupations to which the dcp0sitors be
long: Artists, bankers, butchers, har-tend-
erS, blacksmths, boarding house keepers.
boatmen, boiler makers, book-bindc.s
caTtmeu, cOachmen, carpenters, clerks, do
mestlcS, engineers, farmers, fishermen
gardeners, hatters, bucksters, junk dealers,
laborers, masOns, mIikmen, milliners, nur-
seS, 0stlcrs peddlers, poTters, plumbers,
seamstreSSeTs, shoemakers, soldiers, tailOrs.
tanners, washers, walters, WeaYcrs Or
these several classes the largest in It's mum
bers arc, list, domcslics; ID, laborcrs; 81.
seamstresses 4th, clerks; 5th tailors; 9th.
walters, and 1th, cartmen. These are the
''aris;ocratic, who the politicians, in an
ignorant and vulgar notion of playing upon
a supposed feeling Of jealousy against
wealth. would drag to the ground Rich
men who hold bonds have other means, al
80, but these have nothing to trust to but
their little economies invested in the faith
Of the nation
They are the poorer classes, then, who
avail themselves of the benefits Of these
institutions, aud whose little means aeon
INFLATED make up their capitals. The
savings banks alone in this State have a
constituency Of no less than four hundred
thousand persons, poor men, widows, or
phans, sailors, sewing girls, teachers and
Others who arc thrifty enough to put by all
they have earned against the day Of ill-luck,
or disease, or old age. These are the 'aris
toeratlc boudholders we repeat, whose
property the politicians are aiming at, whose
whose very means Of subsistence in their
darker hours they would turn into worthless
rags. ~ Y EreniA4 Lot.