The Express.
London, England, 1865-02-10 00:00:00

IMPERIAL PARLIAMENT.

HOME Olt DOXIDB.TIIIII49DAT, Fen. 9.
The Loan OBAICIIaoI took bb NM ea the wades& at
Ain&
THE LAW OS RAN/CRUM AND TBX BAND
RIIPTCY COURT.
The LORD CHANCELLOR laid ors the table sense or
hum waseoted with the operations el tie GM, of Dank*
.....dwrisa the lad year. He mid he did act dash. to
a direnedee epee the rabid at this time, Mesas.
meet be fully oensidered whoa the eossiniPee d the
Home of Minimum had made their report ; but he woad
beg their lordships' attention to a few rowans as exhibited
la thew nitres, in coder that, during the labiate& that
maid elapse before that report was presented, their Web*
might have lite appraised, of cowidering what was mow
vary and proper to be dose in the maim. Them took
place during the last year 7,224 adjadiostions to hieMl&Y.
Of them, 5,960 were made on the psi*. of the deWr
and nay 604 on the tion of the creditor. The mambo;
of oases is which dividesde bad boin made was 4586. The
Feimcollected and redid was 677,5361. 01 that only
eZ. were divided among the =dime ; the difference,
13E24, was aborted ia the cosi of aollednag and di-
the 677,5361. But that was not ell, far to this
143,872./. most be added 140,0001. for the of the
Wiens], =kin • total of 993,8711., ex for=
pees of dividing 633,6M1.He be their
whether this siossieee state Wage 'Meld madam.
There weretwo main feetaresie the HE of 1961; one of them
was the establidueent of teed beds, and that had quite
answered hie auticipations, for during the rod year the
divided ender trod deeds bad amonated to
The West deed was a voluntery arrangement
with the creditors ; and if thelsentrasted the aseeent
divided ender treat deeds with that divided through the
lestrumeetality et the mark it maid be found that mole
*Ma was
times the sammat was &Mediated ander trust deeds
then was distributed by the coati. The direr object of the
hill of 1861 was the establishment of a chief jades,
with • view to the most careful meddles and
supervieion of the existing subordinate tribunal. Their
Lordships wield judge for themselves, from this further re-
turn, of the mesesity d such • chief judge. It was the duty
of the oftioial magma, who were now paidlayealary, to
collect and return to the Court of Bank= the fees
which they still resolved in baniurupecy. In yes: 181:4,
the first year after the new act came into opacities, be me
vertenock sexpeled to lad that only 1,3901. was neared
Is 1153, conseqesnoe of son s isqiuriss Adak he dhoelel,
the sem returned by the °filial assignees and
was 13,6201. ; but the year 1864, having =7:
mono search* 'ovary, the ono that had bees paid is by
the amalgams and 1•01•••8•111 mounted to so in. than
46,158!. Of the necessity of the investigation their lordships
would judge whoa he stated that, with regard to cm di-
al amigo's, now retired, who had bootee a defaulter for
several thalami& of periods, he ascortaised that his ac-
count, which it was the duty of the oommisimer to audit,
bad lose audited for years by the usher wider the direction
d 61se ewernisiener. This wan a very homier picture oil
the state of the Bankruptcy Court, and whoa the most d
the committee of the House of Commas was made be
anew that he should be able to wined to their lordships
a bill that would provide some remedy for this swestrous
state of Wags.