Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1842-02-04

the law TO rid it Of this Objectionable feature,
and voted in solid phalanx ia favor of striking
| 1t out but the wings voted them down, on the
ground that the interests Of the government
required that settlers should not be permitted
to 60 upon the public lands until after their
| survey.
Some few returns have been received from
Georgia indicating the election Of the de... )
cratic candidates to Congress. The reliable
wing majority in the House at present is quite
small, and this accession to our strength will
fritter 1t down to almost nothing. The next
Congress Ito be elected under the new census)
will be strongly democratic. This is conced-
ed here on all hands.
Rnsors are afoat Of the intended resignation
Of Mr.. Clay, but no one credits them. The
same story has been pnt in circulation periodi-
cally for the last half dozen years, and yet
Mr.. Clay is still in the Senate, and there in
tends to remain, until more propitions times,
when he hopes to be transferred to higher
post, to the attainment Of which he has sacri-
feed former friends and former principles thus
far in vain. Time will tell the sequel.
TIE WRrcK.-Tbe sufferings and distress
in this city, in consequence Of the total sinking
Of thirty-six millions Of capital by the failure
" suV OCuuyth1j duu OuitSu 0t0voS D00kS,
are greatly beyond what would be conceived
by those who have not been among us. New
and poignant instances of the severest distress
are almos. daily brought to view of wealthy
families suddenly reduced to poverty of Wild
ows who lost their all or orphans stripped of
the patrimony which long life of labor and
economy on the part Of their parents had COL
lected for them of merchants compelled to
relinquish their houses on prominent streets
and take up quarters in the suberbs Of the city,
or remove to the country Of laborers who had
by the hardest toll and the closest economy
saved few hundred dollars, to protect them
in age and the hour Of want, robbed of their
last penny these are all instances very like
fiction, but they are nevertheless most SORROW
fully true, and throw over large circles Of our
citizens continued gloom. These tracks of
sadness are visible in our streets among men
but TO see it with its true force, it is necessary
to take "a seat amid the household circle,
with females who have finished an education
that fitted them for circle in which their
means seemed to destine them to move-with
yonng men grown almost TO manhood, without
having heen prepared by days manual labor
for the future life Of toll and drudgery that is
now laid out before them-with parents cut off
from all the Injuries and many of the neces.
saries Of life, surrounded by children whose
every want haG been previously gratifed, but
who are now hardly half clad and coarsely
fed, without the means or hope Of ability TO
give them education; In SUCH firrsidr circle
as this, something like the real suferings and
sadness attendant on the management of the
Schuykill and the United States Banks may
be appreciated. One severe instance Of loss
by these two institutions is now fresh Ia our
recollection.
1t is that Of man Of about sixty years Of
age, who, besides rearing family had from
his labor laid aside about sixteen thousand
dollars ten thousand Of which he had INCEST
ed in the stock Of the United States Bank. and
about six thousand dollars in the Schuylkill
Bank. Of this amount the interest Of which
was deemed sufficient 20 support him when
unable longer to attend to bushes, three hun-
dred dollars could not now be realized. The
condition and state Of feeling Of that family
may be more readily imagined than described
and this 10 no isolated cause-there are hun
dreds equally, or mere trying. Notwithstand-
ing the disastrous wreck Of the Bank of the
United States, there are those who would have
its place substituted with another, in other,
and, as is supposed, more honest hands. They
little think that the system itself is erroneous
and corruoting, and that consequently there is
no safety in any hands under it. The only GER
tain mode of avoiding repetition Of the great
disaster il for the people to hold the vast pow
er to do mischief in their own hands.-Phila.
Ledger.
PRoTecTIoN.--The Brazilians grow coffee
with great success and profit. With the pro-
ceeds they buy whatever they want, and, 2.
mong other things, tea from China. Bot the
Brazilian governments, some years ago. IN inn