Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1869-11-25

2A1VBI S11A. Az Rat
OFFICE OF FISK a HATCH
DAhKEhs AND DEALERs An ooyEsn.
MINT SECURITIES.

AND DLALLAS an oDstkk-
MINT sEcuEITiss.
No. 3 hAssar 1HEsI, nav YosH.
November =. 1859.
1bow CDsfon1, oHd tDgyssDondents.
The surprising dsvsiopnasn, Of our n.slon.ir,.
sources and the raDidity with which the gov,rn-
ment Il now enabled 10 reduce the national debt.
By weekly vure bases, render 1t sppsreri tia, the
time ID spproac hing when the Five-Iven.y boDos
may be funded 1t not over four or four ana
half per cent. Interest.
Meanwhile their high price. o. compares x1t1
other classes Of securities paying an equal rate d
interest. 10 leading to general inquiry for more
profitable forms Of Investment In With monry
may be safely Invested.
During the war the Necessities and peri u the
government, and the consequent chespaess Of its
securities rendered them 20 attractive that froua
this cause, combined with the patriotic faith 81
the people in their safety, they absorbed alnos;
the entire floating capital Of the country, ami
diverted attention from other classes u securities
which had before been deemed sufficiently con
seryative and sound 20 meet The want, q ;he
most cautious investors
The government Is ionger q borrower A.
no longer need the couniry's capital. bat sssirts
gratefully sud honoIably 70 repay IT,
The RAPID accumulation "a capital IoI invest
ment, aud the reduction u the national csbt ana
improvement u the national cr.dit-renserinz
rate Of interest be- derived from investment
in government bonds is compelling the seai .
for other sale AMI wsli-gusi I'D channelb ut.
which eapital DOT rInplo,si a business maj
xissly low
The sDt.fpiis.s u r.anr. ~ t.as ns.dfui ~
their tine add piacs. for ~ common wsliaIs
than were the waste aui oo-t 4 War now eaii =.
the capital Sbifh ;h~ gossrprasnt longer ne-ss.
aud offer for ~ use = remuneration which .hs
government need ioug.r pay. and Ia sgns
cases, . security - -ist. tn3 enduring - ne
faith u the nation it-sif
The desue 70 -sYralizs the premium Which
may nos BE- realized upyn Fiye-Tveniy bonds.
and which material decline IN Gold toward par.
and The sbiity Of the 8oyegnn1, at 70 fund them
at a lower rate Of interest, may at any lime ea
tingui-h. y felt BY many boide who desire SOM
satisfactory assurance - ahieh q the maps
Los Ia
ford he Necessary iir'y 90 Justify az rKehang-
The applications tor inioI.a-t.2n sud sdyie-
which are addressed 70 laily, show how uni
versa the desire for this assurance, % what
forms of investment more profitable than Govern
rnent securities at press M sasrEa; rzter ar IN
titled 20 the c1nh3enee Of inve-i.Ts.
The pressure Of tins Mani has i,1 . - I--i he
importance VI lineeting oEn attention
banker. our large expsrianrs, and l4ciliiiee
FOR obtaining reliable information 70 sic work
OF supplying il IN and f. .Eer IL
results Of Our iDquiIies - toe Eha may 5e dIs
posea . utiJ- in oef god IL b al iuiylae.,.
We ar. ii!iiig 70 st-f = trIess. sue n
publ, anything Which ,oro,ag Z, our te-f iuss
men, ) iiol - .se,,it = aation4l o. igstion-
thenisvlv--. Mn 80. p ~ t7r. hita-r-o prr -
p,'iy .aen,a4,.d suf r.,-
STA es'.,rs 'hr ..at - LAThAL I,A.4-
&c 's.ss.....Af. I.,>- 4iari, ,i...ts "a tEs.s
r iuit-n,rn- ..t-'i.t 3, kan .-s ia-r5
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