The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1881-11-24

smallest sign of recognition, even though
I it come i'll the form OF kick. will be
I thankfully received and gratefully ac-
knowlcdgcd. In vain however, will YOU
search the other London papers for any
notice whatever Of this precious scheme.
There WAS time, u. doubt, when The
/ leading dalies we're in the mood to be-
| lieve in Confederate loans and TO recon-
mend them 10 their readers, especially III
moments when United States bonds were
, very low III the market the "siXes," if I
recollect Alright, were not much above 65
or 20. That was the time when Mr..
Peabody, ~ have often heard him say
was putting every shilling he could lay his
hands upon in what was then called, by
way of distinction, the Federal loan
while most English people, mis!cd by
their gifted advisers in the press, were
rushing into "ConfcdcrAtes. Mr.. Pea.
body was no loser by his faith in his
country, as we all know, and that the in.
vest0rs on the other side were 40 gamers
is equally notorious.
PLAYING on PUBLIC CREDvllTY.
But they are not satisfied --that ia. the
persons who have come into possession
of their bonds are not satisfied, for of
course the original holders gave up their
hopes and threw away theil worthless
paper long ago. The persons who are
, COW talking about their claims" are the
curbstone brokers aud their satellites. who
bought Confederate bonds At so much
The cartlond and are now try:nl to rcr.
sunde the public to take them off their
hands Mt fancy price. Even if the
original holders, who actually put down
their money to an amount at least bear
ing some relation to the value inscribed
upon the bonds, were now pressing their
demands for repayment, no one would DO
inclined to waste any sympathy upon
them. They chose to take risk with
ply went into the speculation by way, in
sporting phrase, of backing up their
opinions with their money. They lost
and said nothing more about it. Then
for years no one heard any more about
the Confederate bonds, nor should we
have heard of them now but for tho
tricks of some needy parasites of tho
Stock Exchange, who think that if they
make noise enough there will at least be
some discussion OF their claims, and that
the country parson" will theu come
forward with his little hoard and buy
the rubbish which they have prepared
for him. The whole thing is simply an
impudont attempt on the part Of gang
OF gamblers to impose upon tho public
an attempt little better, in some of its
phases, than an arran: swindle THO
rlnSlcaders are perfectly well aware that
no one within the United States could or
would recognize tho Confederate loan,
or any part Of it, but they calculate, and
rightly, that the bulk of the public may
not be SO well informed, and that the
simple ones will step forward with their
accustomed docility to have their pockets
picked. This anticipation may, perhaps,
be realized, especially MS no one here
seems disposed to take tho trouble to
warn the dupes against the trap which
has been set for them. If, however, q
million of pounds il in the Bank of Eng.
land belonging to the Conlcderates, is
not the proper owner easily to be found
Sir Page Wood. when vice chancellor, de-
clded that the United States were legally
the heirs Of the Confederacy. In that
case are they entitled to the money, sup
posing it to exist? Confederate debts
have been disposed Of by an amendment
to the Constitution, but the clause does
not say that money belonging to the ex-
! tinct Coniederacy shall never be returned
II then the alleged million is in the cof-
lers of the bank, what is to prevent Mr..
Lowell from stepping up to the counter
and asking for il?