Show U. U S SON S. S SENDS LETTER LETTERON ON SECURITIES AND MAKES COMPARISONS I The Tho wise man will 83 save ve and In Invest Invest Invest In- In vest his money In government securities securities securities ties until prices come como down own Is the tho suggestion made b by officials of tho the government Jo savings or organization In aletter a a. aletter aletter letter to George Georg N. N Child 8 superintendent Jn- Jn dent of ot public Instruction The letter cites tho the civil cl war and shows that there thero was a l gradual rise 1180 In prices durIng during during dur dur- ing 2 3 and at the tho end of ot the tho latter year oar wholesale prices wore were at 1 0 the tho- th basic level lovel being while retail prices were nt at and wages at nt 10 Tho The peak veale was reached In January January Jan Jan- uary 1865 1866 when tho the mark was reached Meanwhile both retail priced and wages ha hart had risen C gradually lly retail prices standing at In January and wages waS at In April lsd isdo continues the letter tho war t ended and there came a a. sudden den drop In wholesale prices which fell to In July of ot that Q and then rallied to ISO by theand tho the end and nd of the year car nota Retail It prices and antl wages es continued a steady TSO Ilso throughout through through- out the year ear not being affected by tho the end of the war and reached d tho the re respective ro- ro levels Je of ot and at th the tho end and of ot i In the tho year ear following the close of tho the war or 1866 thero there was a marked I variation In tho trend of ot the tho three Wholesale prices fluctuated rather vio elo- violently but R a constant downward 1 trend and th they y continued this do downward downward down down- 1 ward course with occasional sharp rallies ral- ral lies Ites for en ce ears following tho the war scoring a lL net net loss of ot from flom 5 u to 10 points a a. year car until 1872 Just prior to tho the great grent panic Manic thc they were at or I 30 points tho the prewar figure |