Iowa news. [volume] (Dubuque, Upper Mississippi Lead Mines, Wisconsin Territory) 1837-1841, 1837-10-14

The signs of reyival Of business have already
besn noticed il this paper Somewhat Of the re-
membered hustle Of former years bsgns to be heard
IN Pearl street; drays jostle against each other,
and the side walks arc again encountered with
bales and boxes. Traders arrive from the south,
the north and tho west, to mako their purchases
and other arrangements before the arrival of win-
Ter, and ono by one the threads of intercourse be-
tween this great mart and the different regions Of
the country, which had been violently snapped as
sursder, reunited.
For those who have been caught, by the sudden
Tevulsion Of tho times, in the midst Of their san.
guine and extrasagant speculatons--for those who
wero playing in the trap when il sprung-thcro il
no remedy. The delusion of the last three years
can no more be renewed than tho worship of Thor
and Odin, and unless they are revived, the mad
speculations which have been exploded, are cxpo.
ded forever. Those who had erected the fabric oil
what they deemed magnificent fortune on ficti-
toUs credit and who have il dissolve like mist
in the sunshine, must BIO content 10 lose what they
cannot BIO said ever TO have had. Those who arc
insolyent must remain inso!vcnt until they can
compound with ther creditors and emerge from their
difficulties, in tho same manner as insolvent debt
on did III former times 1t is evident that the go-
vemsnt do nothing for the reliefo these class
60 without injury to the community. Congress
ought not lift could, to rc-awaken the madness of
speculation, or restore tho unboundsd and ruin-
ous facility Of credit or pay the debts those who
owe more thai they ara worth. Vet this is what
many seem TO expect, and more or less of this OK
psctaton enters into the various plans which poll.
calquacks are suggesting for what they have the
assurance absurdly to call the feef OF the people.
To VI il seems most plain that all the relief which
we can expect must come by q natural process, by
Individual industry, economy and prudence. This
process IL silently and hcaithily at work, and its
good effects are already showing themselves. Those
who are in debt must pay their debts as they can
and we certainly wish they may be able to dis
change them to the uttermost favthing. But we are
not Tor calling town meetings and opening n SUBJ
scsiption 10 pay theni according to the queer re-
commendation Of son,c foreign correspondent of |
morning print, nor do we think that the world will
stand still II they are never paid al all.
3 See in what manner the remedial process Of
which We have spoken, il going OH. We had for
tsvsrA years misapplied our activity and industry
80 had wasted il upon Improbable speculatons
And IL the fabrication of objects Of luxury. Our
industry 70 the production Of this necessities and
comforts Of lifs This we have done and are doing.
~ z have left building castles in the cir and have
nsHppsd ourselves to the cultivation Of the earth
4ne EARN has yielded her harvest in abundance,
ana she nation - advanced in wealth. We are |
perhaps twice q rich a. We ware last autumn.
M productions Of the country Tins accumula- |
-. I muat 30 dispossd Of They mast DO exchanged
1S..... ~ they must be exchanged for the pro-
Asr own eouasry. This will f,raish occason for
-: q nulsituds Of agents. importers
snsPpetA and stitAs vas variety Of classesto whom
eommsree gives taA~uai smploymant -.
IL u not 70 % supposed s6at thesa st.d. :.
vests ere % be lct TO decay where siey gov. TN.
lnHApiteMee OF tho World must be fed and clnttad
sa6ss products Of our fields must Tor this purross
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