Rensselaer Union, Volume 2, Number 46, Rensselaer, Jasper County, 11 August 1870 — A Significant Incident. [ARTICLE]

A Significant Incident.

An incident of much significance occurred at Frankfort, Germany, a few days since. The bank of that city, in the stringency’ of the money market, in order to negotiate a loan of $4,000,000 in gold; placed upon the Bourse five millions in American securities, to be held as a deposit against a loan. So our bonds are made the basis or tin? government loan of Prusi sia, an indication that they are con- ■ sidered securely and entirely safe. It indicates a confidence Which will stand us in need, and tend to prevent 1 a return here for sale, in order to realize. The administration of President Grant is working out the problem left us by the war. This is the first time in the history of the world that the strength of our government has been recognized on a financial basis entirely. The hypothecation of the United States securities for an European war is a marvel indeed.—Li/svette Courier. The farmers have been successful in j securing their crops in good order, but ■ we are sorry to hear that the wheat 1 from the thresher does not yield so bountifully as wa« expected;* but the berry is large and sound and in that resi>ect differs favorably from last year. Oats in quality are good and will yield well to the vine. Corn that had such a promising appearance a little while ago, we fear has been injured by drought. Hay has been secured in fine condition and is • fair,

A second-hand cooking stove with eight or ten Joints of pipe, but without furniture, for sale cheap. Enquire of M. F Chileote.