Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1869-12-09

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No. 8 NASSAU Dm1r. nsv Yeas,
Hsvsabss .. ioe9. !
To 0pr Cast~os,s and Cogyeyondsn,s:
TLs sarpr.-,Ds a-y.lopmsnt ofous nstaosal -
sdRroes aud tl- '.pidi,y with which the govern
md pt IL nov ...D,-d - rsaucs the nasssasi dstt.
BY weekly yumha.ss r.nd.r n appsrsni that IL
tSs h spIroAch,Dy sb~s fhs Ffvs-T wsnty btnds
L<6Ay be funded a, not over four or soss and .
half per cent inisrest.
Meanwhile their high price, ss compared sith
other classes Of seeuIit.. paying equal rate Of
interest, is leading :, general inquiry for more
profitable forms 81 Investment in which MONEY
may BE- safely invested.
During the war the necessities and peril Of the
government, and the consequent cheapness Of its
securities, rendered them 20 attractive that from
this cause. combined with the patriotic faith Of
the people in their safety, they absorbed almost
the entire floating capital Of the country, and
diverted attention from other classes Of securities
which had before been deemed sufficiently con-
most cautious investors.
The government Is no longer 3 borrower. 1t
longer needs the country's capital, but desires
gratefully and honorably TO repay II.
The rapid accumulation Of capital for invest
ment, and the reduction Of the national debt and
improvement Of the national credit-renderipg
il certain that hereafter but a comparatively Low
rate Of interest can be derived from investment
in government bonds-is compelling the search
for other safe and weil-gusrded channels into
which capital not employed in business may
wisely How
The enterprises Of Peace. NO less needful in
their time and place, for the common welfare,
than were the waste and cost Of War, now call for
the capital which the government no longer needs,
A
government need no longer pay, and in some
cases, a security as stable and enduring the
faith OF the nation itself
The desire 10 capitalize the premium which
may now be realized upon Five-Twenty bonds
and which q material decline In Gold toward par
and the ability Of the Government 70 fund them
At lower rate Of Interest, may at any time ex-
tinguish, is felt by many holders who desire some
satisfactory ASSURANCE TO which Of the many
lower priced securities IN the market would az
lord the necessary safety TO Justify an exchange
The applications for information and advice
which addressed 10 us daily, show hs~ uni
versal Is the desire for this assurance 70 what
forms OF investment more profitable than Govern
ment securities at present market rates, are en-
titled % the confidence Of inyesters.
I The pressure Of this want has led 10 feel the
banker, our large experience, and our facilities
for obtaining reliable information to the worl
Of supplying IL IN some measure, and 10 offer the
results Of our iDq Aries to those Who may be dis
posed 70 oonfide in good faith and judgment
4 We unsilllngt 20 offer 10 our friends and tn
public anything which soeording 10 our best judg
rnent is not secure ar the national obiigatloni
themselves. vith which -s have hitherto pranci
paily .desuned ourselves.
Il since closing the GREAT CENTRAL PAcf
4 nc RAILROAD LOAN. shish s.s@is all tLss'
requirements. We have carefully ssaIninsd mani
other. but have found nD other which would fai
~ d. -. uapl tLs hllO-ing placed In ou
bsbis