Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1869-12-23


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No. NASSAU eTasE1. Nsw Yoax,
Novenbsrs. ieeo.
10 our Caassaox and Cbsysspowdas.
The SURPRISING aev~.rpmens ofoss national y.
sources nni III. ,Isi.ty ~ith which the gOves.-
NEAT u now -.-.I~.. - s-duce the national debt,
By weekly archssrs. renser It apparent that the
may Be funded ~ not over Seus % ioar and .
half per cent. interest
Meanwhile their high price, - compared With
other classes Of securities paying equal rate u
interest, u leading " general inquiry for more
profitable forms Of investment in which mooey
may be safely invested
During the var the necessities and peril Of the
government, and the consequent ehespness Of il
securities, rendered them 90 attractive that from
this cause, combined with the patriotic faith q
the people in their safety, they absorbed almost
the entire floating capital Of the country, and
diverted attention from other classes u securities
which had before been deemed sufficiently con-
servative and sound TO meet the wants Of the
most cautious investors.
The government 10 NO longer . borrower. II
NO longer needs the countrys capital, but desires
gratefully and honorsbly to repay IL.
The rapid accumulation II capital f,r ~ vest
ment AID the reduction 81 the nsiio'.z :sbt and
improvement II the national cr,di. rendering
il certain that hereafter but a e Inp4rsis-iy iov
rate OF int-rrs. can be derived from ia .,;inent
10 government boucs-is coa,peiln< the ssarch
for other safe snd well guarded channels into
which capital not employed in iu-irs--s may
wisely flow.
The enterprises Of Peace, NO less needful in
their time and plsce. for the common welfare,
than were the waste and cost Of War, now call for
the capital which the government no longer needs,
and offer for its . remuneration which the
government need no longer pay, and in some
cases. Il security as stable and enduring rs the
faith Of the nation itself
The desire to capitalize the premium which
may nov be realized upon Five-Twenfy bonds.
and which q rna,eria. decline in Gold toward par,
ans. she abiiit, Of the Government 20 fund them
al lover rae 81 IL; erts'. may AZ .ns tin. ex-
tinguish. IL felt by man, holcers sho .-'r.- some
satisfactory assuranee 20 which of the many
loser. priced securities in the market would AZ
had he n-c,--ary sal ETY. 10 justify AL rxchaog=.
Tie s,piicAts n tor information a'ss sisire
sheh arr addressed to m daily, sho. 49, uni-
.sal A. the 14-,re i,.r thi- assurance - ~hat
ios q, OF pfoiit-,le "a .n i'.E-rn-
m.ai securities At present m.rke; r..~s, ..s en-
t,,ied Ia lie cen deno- VI invesfers.
The pre-sur. OF this want has led us 10 feel tbs
IT. .putanc- of directing our can attention ~
bsnk-r-. .-ur la'f- -xpcrer &C. AMI our facilities
lou obtaining r.:lia5,- informstion Ia the vorh
VI supplying II Ia s,ne ssur-. snd g. pn~r tins
RESULTS of iliii,-- "a tho C vho may be dis
poe 10 e.niide IN >~osi fa,.h and Judgment
We unsill ne - oter - our friends aid th'
public any hing which ,cordins - our b-st ludg
men; ~ loot a- secure as ib- hsiional hisstion
Themselves, with Which We have hitherto princi
pal!y identified oun-Iv,s.
since cl,,-iry .he GREAT CENTRAL PAcI
PIC RAILROAD LOAN. which meets all tbss
requirements. We tsvs carefully examined man,
Others lat have iuund other which would full
iy d, - natal tie toll wing plne-d IN on
hands