American watchman. [volume] (Wilmington, Del.) 1814-1822, 1822-03-12
HOUSE OF REPRESENTATIVES,.

MARCH, 5-Mr John Speed Smylh, from the
committee to whom was referred resolution on
the subject, reported bill to abolish imprisonment
for debt, which was twice read and committed
Mr. Archer, of Virginia, submitted several reso-
utions relative to the government of Florida, du-
ring the last year but the house refused "now to
consider the resolutions.
joint resolution from the Senate for fixing the
time of adjournment Of the present session of Col-
gress LIST Monday in April) was received and read
a first time; and, on motion of Mr. Hill, was laid
on the table.
BANKRUPT BILL.
The House then proceeded to the Orders OF
the Day and, in pursuance thereof, resolved itself
into committee oil the whole, Mr. Taylor in the
chair, on the bill to establish uniform system of
Bankruptcy.
Messrs. Lowndes, Baldwin, Tucker of Va. and
Hill of Maine occupied the attention of the Com.
mlttee until O'clock, when they reported and had
leave 10 sill again Several communications were
received from the President and the house adjourn.
ed
MARCH, After the reading OF variety Of re.
ports sc. The House then proceeded to the Orders
of the Day and, in pursuance thereof resolved it.
self into committee Of the whole. Mr. Taylo!
in the chair, on the bill to establish an uniform sys
lem of Bankruptcy
Mess'rs Wright and Cushman occupied the time
Mr. Dwight, the committee and reported, and
on the question OF granting leave to sit again
Mr. Taylor, of New York, remarked that he had
thought the time had nearly arrived in which it was
proper for the house to expect the report OF the
lcommittee of the whole on this bill. The subject
had been long time debated ; and, although he
had listened with patience and pleasure to the able
arguments that had been made on the question, vel
he would suggest to the friends of the bill whether
there was not danger, by protracting decision or
| it, that they might experience tate like that o.
the general who wasted in deliberations in the camp
that time he should have employed in gathering
Ilaures on the field He hoped the Committee woulc
not rise again until the preliminary question shonlt
lbe determined.
Mr. Sergeant made few observations s, though
from the nature of the subjec the house must re
gulate how far and to what length the debate shoult
be extended. He concluded by hoping the House
would not fix with precision the day or hour oil
/, which the debate should close.
Il MARCH, MIR Sergeant, from Committee
heretofore appointed to inquire whether the Bank
the United States has not been in the practice oil
oanng money, sc. at greater interest than at the
rate of per cent. per annum, made report there
} lon the substance of which is as follows
d That, having inquired into the facts deemed to
lbe material in relation to the question proposed in
1.-THE resolution, they fnd that in regard discount:
1.-THE Bank has conformed to the established, and, il
Ills believed, universal usage in the United States
) prevailing among individuals well as in moniec
r institutions ard to the approved tables here
tolore in use.
i The Committee do not think that there is any
thing in either of the modes of computing nteres
adopted by the Bank which calls orlcgislatiye In