Iowa territorial gazette and advertiser. [volume] (Burlington, Iowa Territory [Iowa]) 1840-1846, 1842-10-01
Political.
THE LATE WHO CONGRESS.

At the conclusion oil Il very able .peccl
in opposition to Mr.. Adams' molten I,
destroy The veto power. The Hon. Mr.. Cot
quit, Of Georgia. draws the following
graphic sketch Of wing policy and the dc
ings OF a wing Congress. Mr.. Co|qnit
besides being an able lawyer and dis
tinguished member Of Cong ress, is an ell
oqucn, minister Of the gospel Of the me, n
odist denomination. Address 'ng himself
to the Speaker and the wing members Of
the House, he says
"Ycn already dread the r,Iminations Of
public wrath; and hence you have boun,
the President as Your victim, and offer
him sncrifice to nppcasc popular nc
Your efforts 70 delude longer those whose
confidence you have abused, is the height
OF folly. There is no escape. Through,
every valIy, from Maine to Louisiana,
float the mutlerings OF an injured people;
and every mountain crag has a tongue To
echo back their indignant rctrihmtion
You came into power upon promises Of
doing good, but refused to tell by wha,
measures you proposed its accomplish.
men', Debts were TO he paid without
money; commerce to flourish wilhna. pro-
duce; crops to be IN dc without labor; re-
llgon to be revived without morals; pub
Tic credit 20 be restored without taxes
and the whole country to he rendered
peaceful, prosperous. and happy,by SOM.
magic spell. But the first measure OF
which You boast. was to l;,sten upon the
| country again a national bank.<a.a;,st
the will Of the pcopIe.and a, the very
time when the stock Of ,hr Bidellc mon
sfer was selling At auction nj about two
dollars for tho BIZ ndreh. You pissed q
law destroying the Obligation ofron,rac,s
enabling the principa! !nor to release
himself ut the expense OF his security
You have increased the pubic deb. above
fifteen millions Of dollars. Ynu have giv-
en- away the proceeds o! TIE public: IaaiS,
! in violation Of your public trust. a, n ,i:,.c
when your credi, was PROSTATE AM your
treasury bankrupt. You have passed Is
law requiring the State; to repeal their
own election laws, anl pass Others, IL:
obedience TO your !1::c::..:::ion. You, have
given power to your Clerk. by which he
can d:s!r:nchisc any State OF the Union
at pleasure. You have revived ..,hc
American SYSTEM to p'unacr QUO class
Of your citizens Tor the benefit OF anpth-
Ier; to fas,en clogs around the ankles of
labor. that the agrcul.urist may how 10
the supremacy ot. the manufacturer. You
have al last, after nine months warfare
upon the ou,posis Of Liberty. had the
wckedncss and The di,ring 10 aim dead
~ blow at the foundations OF her citadel
The Constitution is now suspended as the
target for the poisoned, shafts Of p1rty:
and the people are chilled UPON 10 aid in
its destruction, or stand iortl, in its de
fence. This report and resolution IS the
sealing act Of your poitcal n!i,mv aud
reprobation. Scattered over this grca,
nation, there are TOO many records o. her
glory. too many visible signs Of her grea,
ness, and too many monuments OF heroic
virtue, for her citizens to submit long Il,
the reckless misrG'c of Federal DONNA
ten. You have shown yourselves inca.
pahc Of conducting The affairs OF lin. Re
public. You are now prepare, Tor an
archy and revolution But. hold! in the
mids, OF your banquc, upon the rights of
freemen, with trembling read the hand
writing upon the wall. Your days are
numbered. The very ,on!s Of your fa.h-
ers-the statesmen and soldiers cl the
Revolution -proclam to assembled crowds
the wickedncss Of Your purpose, in ,hr
strong language ol.nrgri'y and freedom. =
EFFECTS OF THECREDlTsYsrEM.
Deserted vILLAG.s.-A writer in the
Buffalo Advertiser gives the following
description Of two '.desertcl villages .
which, in the days of.'<rrcula,ion,' sud
denly made ,he:r appearnncc-,!e con
sequences of the inflated cre.!i, system.
sin the si,,'e villages of Irving and La
grange-'hc icrmer at the mouth Of the
Caitaraugus, and the latter AT a respacta
bic distance from the NOR. aspirin. com
me rcia! depot-may b.. read lesson OF
the results OF .unrrgula.ch speculation. ;
The history Of these villages which
sprang up and grew aracc like Jonah's
gourd, in the fruitful! period Of 1885 aud
l836-is that Of hundreds Of others
throughout the country, furnishing Ia
n,enlab.e instances of an overstimulatcd
enterprise. which. anticipated ut once the
growth and business. advantages of al
most every promising point Tor some
twenty years to come. They meet the
traye!!ercv day in his progress, with
their ambitious blocks OF brick stores,
now hermetica!ly sealed; their ranges OF
half finished buildings fast going 10 de-
cay; their many tenant!ess dwellings,.
looking, in truth, Ike sn many deserted
villages yet lacking that sweet rural
beauty which threw charm around the
once 'loyeliest village Of tho plain Of
which Goldsmith sung. Commercial ad
vnntages were expected from tho position
Of Irving, at the mouth Of the Cat,arau.
gus, which induced slrewd operators
from Buffalo TO invest pretty largely in
its corner and wafer lols-o' which they
have since had ample cause and leisure 10
repent
THs CoSDirloN to Yhica Clay. Darts,
and SaiionstaN wosld bring d'merican
Labo7ers. In Manchester, The principal
manufacturing town in England. ,here
were recently 1000 families ri,hnus a
bsd among them. and 1855 persnns were
empio. cd at TWENTY. SIX CENTS 4