The British Press; or, Morning Literary Advertiser.
London, England, 1824-02-06 00:00:00

THE ILINERTIPT LAWS.

TO THE EDITOR OF THE BRITISH PRESS.

gis—Having Rome through the observations which I particular',
wished to submit to public consideration on the operation of th'd
existing laws, and my ideas of what would remedy the prerailine
!evils arising front their defects or the erroneous idministratio•
of
them, I beg your further indulgence to allow me shortly to ad"
to those observations, in order to bring them into one point of view
with the hope of attracting theattention of some Noble and Honour.,
able Members of the Legislature, and inducing a full discussion of
the subject when it is brought forward in the Session of Parliament
just commenced.
My letter, in the Hellish Press of the 23th August, chiefly cots
tains general observations, with an intimation of an alteration in the
!mode of granting i'ertiliestes, which would prevent the partial or
: vindictive grounds upon which they are frequently either obtained
or refused in the present practice. They are not now a sound Ch.
tenon to judge whether a man is worthy of credit or not.
lily second letter, in your paper of the 3d September, relates 6,
Finding the Bankruptcy, and surmises, that a great saving to cee,
ditoes would arise, as well as • great loss of time be prevented, from
the alterations proposed in this letter. To state a specific sum that
might be saved by these regulations would be assuming trio much.
! Those who are best acquainted with bankruptcy proeenlings may
{ call forth their judetmnt upon the question, whether :Stiletil. uv
60.0001. from all the bankruptcies in a year would not be whin
the amount saved.
The third letter (in the British Press of the 10th September)
is on the Proof of Debts, and points out some glaring inaccurseig
in the manner of taking depositions to Debts; with suggemols of
alterations in the practice, which would teed to shut out fan o:
unjust proofs, and be an immense saving to the just crefitoes, both
as to time and expense in litigation.
Letter the fourth (18th September) alludes in the Appointment
of Assignees. It suggests that creditors are not proper peens ts
have the disposal of bankrupts' estates; airgarotes, from the P.
port of the House of Commons, some authorities authorities to that
effect. It that assignees shou be appointed of
experien in business, who had withdrawn front trade. and while
property would be an adequate responsibility for their faithfol ad.
ministration of the affairs, but who, from their respectability,
would still have no difficulty in finding ample sureties to answer
their conduct. They shouts be remunerated by a per tentage in
the dividends ordered.

The fifth letter (22d October) Ism the mine heed, mourned. It
is chitty explanatory of the last, with an observation oo the imam
of the jurisuiction of the Court of Chancery, and a preparatory eg.
dress and apology for my next on the most important pert of the
subject—the Office and Duty of the Commissioners. By the alter-
ations proposed in dust two letters (though any precise calculation
is impossible), it may not be unreasonable to compute, tbet
200,0001. a year would be much under the amount of increase in
the assets of ell the bankruptcies within that period, wiping ft=
1 more diligent, judicious, sad frugal administration of the Mew
My next two letters (inserted the 14th and 31st January), who
to Commissioners, upon which subject I will not make say further
observation than that it presumes upwards of 70,0901. LlCar num
be saved in fees by adopting, the suggestions contained in Mau;
and that the most respectable part of dm profession would hell the
alteration es a public benefit, paramount to all private comers&
tions ; and the interior pramiuoners would be ashamed to swim
their dislike to a change that would rove • cheek to the attains
practices from which they derived their chief support.
I will not intrude on your columns with any minute statement
of the whole pecuniary advantage to the trading interest. which
would result from these 'lterations ; but presume that half a mil-
lion a-year would probably be added by dm to the produce of
bankrupts' effects ; and after deducting a per cottage to Gonna.
trent (of which I have sketched a scale) for the expenses diodes'
(Commissioners) salaries and other conting
encleswith anti=
I satioa for a consequent decrease in the use of law
, a diminution of litigation, that a very large surplus =limit
Ito be divided amongst the creditors, and the dividends VOW In
made much earlier than Is experienced under the present "nun
From different communication' with persons of high coseihn.
tines in trade, an these several "shots, I feel myself wuranai la
considering this description and dot ovirestimos as the rpm,
tation and feeling of the ommoopcial mil wasookooodocumosso,
according to the meaning, to this putobit, of ow polio OD
House of Commons, the 3Stb of June last; but sent poi* it I
minor consequence I have omitted in these letters, vista mold yet
give additional advantages to the just creditors.
I conclude, Sir, with my loom thanks for the means yes have
afforded me of expressing before the public; and, with my
best wishes for the success in paper,
I remain. fully,
Your liged and obedient servant,
EDM. TOWNSEND. •

17, Illsadford-street, 4th Feb. 1824.
_ (See Admits:malt.

SPORTING INTELLIGENCE.

HUNTING APPOINTMENTS FOR NEXT WEEK

Mr. Meyn,l 'it fox hounds meet on Monday at Bradby;
day et %Id nx Park ; and Saturday at Blithfield ; at half-pest
ten.

Sir George Sitiell's foe hounds meet on Tuesday at Winger.
worth and Friday at Swallow Nest Toll-bse„...- at. ten.
Sir Thomas Stanley's, Tuesday. at HoossePPark }}__at ten.
Sir B. Graham's, on Monday, at Chillioaton ; ednesday, at
Naughton Lodge; Saturday, at Park He ; sr. deems.
The Ludlow Subscription, Tnsaday at Asbtor ; Friday at
Huledine , at ten.
The Cheshire Subscription, Monday at Moulton Nall ; Wed.
nesday, as Aulton Lodge ; Thursday at Marbury ; and Saturday
st Ashton Orange; at half-put ten.
The Somerset Subscription, Monday at Kenn( 1, Cheddon ; Wed.
neiday at Wendown Enmore ; and Friday at tothelstone Bill;
at half-past ten.
The Eat Essex, Monday, at Wickham-plan ; Thursday at
Bulmse Plough ; and Saturday at the White Hart, Ludt% altos ;
at balf-peet ten.

NEETING6 OF CREDITORS,
AT TIT IANIRU !TS. COURT, BARINGRALL-112 RRIT,

TO-MORROW.