Gold has gone up and Government
securities declined, as is supposed,
from the recent discussions on the
five-twenty bonds, by General Butler
and others. Lt has cast distrust-on all
our finances, and is supposed by some
to foreshadow repudiation. This feel
ing is not confined to our own stock
i markets, but has affected our credit
; abroad. It is, however, only a pan
-1 icky matter, and when thoroughly
' discussed and digested, it will be seen
I that the Republic will maintain its
; integrity, and pay all its indebtedness
I according to agreement. Besides what
i is said in the correspondence in our
• last issue, we copy Jay Cooke & Co’s
advertisement of the five-twenties,
and a letter from Mr. Chase :
( xENTLEMEN : Your letter of the 12th
inst., relative to the funds in which
the live-twenty bonds will be redeem
ed, has been received.
lam directed by the Secretary to
say that it is the purpose of the Gov
j erument to pay said bonds, like other
1 bonds of the United States, in coin, at
maturity.
Very respectfully, M. B. FIELD.
Assistant Secretary of the Treasury.
Messrs. Barclay & Livingstone,
New York;.
Jay Cooke <fc Co., the authorized
• agents for the Government in the sale
'i of these bonds, in their advertisement.
