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Northern dreams.

--Bennett indulges in day dreams respecting the ‘"popular loan,"’ which would be worthy of Aladdin. He winds up one of his latest articles characteristically, thus: --

We should not be surprised if, notwithstanding adverse influences, there should spring up a great competition from abroad for our Government securities, paying, as they do, an interest of seven and three-tenths per cent. The Bank of England has reduced its rate of interest to four percent. The British consols, paying but three per cent., are sold at about ninety-one, and the French rentes, paying four and a half per cent., are sold at about ninety-eight. The advantages of our Government loan, as well secured, certainly, as the national debts of either England or France, are obvious to the simplest mind, and it would be something very remarkable if there should not be a very considerable investment in them on foreign account.

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