Show U S MUST MUC kt SHOW POWER ONCE AGAIN civil war finance surprised europe government 14 haaf ad to pay premiums the experience of the leiding world bowers jowers indicates that in timea times of stress anik aud u emergency national financial strength his always been greatly un for this reason and because ot of the excessive demand tor for capital I 1 t a 1 in industrial fields during war t time 1 m e even the greatest nations are in variably required to give very good bargains in their securities la in order to rale rais money to finance a war in 1862 2 tte M united state states government lovern ment was in the midst ot of a great war and was baa ha ing ng considerable difficulty til in raising the he ne ceary sary funds what they thought during this period the london economist an established and bial periodical expressed its opinion of O 0 our r financial future in these word words it Is in utterly out of the question in our u r ud ement that the americans can obtain 0 either at home or in europe anything like the extravagant sums they are asking for europe will not lend them america cannot the times expressed conservative conservatives english opinion as follows no pressure tb abut t ev I 1 threatened Is to equal to that which now hangs ner oner the united states and it may safely be bald said that if it in future generations they faithfully meet their liabilities they will fairly earn a fame which will shine throughout the world what we did it may be fairly taken for granted graute that the ideas expressed by these au sul stant sta tal periodicals were supported by the mass of inglish bublic opinion yet in spite of these weighty and hon est opinions to the contrary we did succeed in financing 1 the war for three more years until the victory was won in connection with the above quota tion from the tim times tims s it Is interesting Inter cating to note that within five years after the end of the war the united states had either laid off or re fundel on a better terms all ali ta ts irions which were redeemable dee mable at that time in 1869 win wi N I 1 n the government went on the market to buy up its own bunma aured securities it waa was required iredo to pay currency dr or the equivalent 0 of f 95 in gold in order to Induce owne rs to 0 part 1 art with ith their w v tr bonis bout a bour our grandfather had this to buy civil war securities you may now buy the securities of the same government in the form W S S 8 and libert notes |