Northern star, and Warren and Bristol gazette. [volume] (Warren [R.I.]) 1826-1830, 1826-03-04

The Iirst section declares, in SUBJ
stance. that any .Merchcnt, '"r other
person engaged in commercial pursuits
who shall commit any OF the acts OF
bankruptcy. therein specified. may se
declared bankrupt. Formers, and
Others. are exc mpt from the operation
Of this section.
The next sc ctjon provides for the
appointment. in each state o one
General Commissioner Of 6anErapt'y.
before whom shall be conducted all
ovestions arising under the law, with
the right of appeal to the Courts OF the
United States, apd securing aJury tria''
ic all cases, where it may be deman-
ded by either party. Special comms-
siops are authorized,in ali cases where
the court shall deem them necessary.
Whcna person is found to be
bankrupt, his whole estate IS 10 be
vested in assignees, chosen by the
creditors, for the equal beneflt VI all
the creditors. Various provisions arc
made, in other parts Of the bill, with
the object Of securing to creditors the
whole estate of the bankrupt. Pro.
vision is then made for the support ef
the bankrupt. pending the investiga.
ton, and for a final allowance to him,
lin proportion to the amount divided
among the creditors. On its finally
appearing that the bankrupt has made
a fair AMI full surrender Of his whole
estste to his creditors. and has acted
Throughout with good faith, the bill
provides for his discharge from all
further liabilities for existing debts.
A great many sections Of the bill are
devoted to the regulation ol the pro,
ceedings Of the Commissioner and As.
signees and prescribing the course
to be pursued by the, bankrupt and
Ibis creditors. The bill finally pro.
vidcs for the case of persons, other
than traders. who. Though exempt Fl ON
the operation of the fret section of
the bill } are permitted, On the appH,
cation Of the creditors. and with their
o,on consent, tobecome bankrupts.
In the House, long bill was 'repor.
ted for the preservation, and civiliza-
tion mot of shad and alewives,) OF the
Indian tribes. MI. Powell Of Virgin.
ia introduced a resolutiah to amend
. the Constitution, touching the Presi.
e dent, &c. and for diminishing executive
patronage.
:. Wednesday, FEB. 2e.-In the, Sen.
ate the Vice President communicated
a report from the Secretary of War,
tro to- sc L.
o penditure at the National Armores,
land the arms made therein during the
d year 1925. @
Ir the House, Mr.. TatnalI reported
"bill concerning appointments 10
!. the Staff of the Army s---that all Mil.
: itary Staff Appointments which con.
e fer rank in the Army. That when.
ever an officer Of the Army is so taken
}. from the line and transferred to tie
staff, it shall be without prejudice to
J. his liberal rank, and promotion shall
take place in the same manner, az il
). he had not been transferred"
The bill was twice read and com.
n mitted.
: Congress Of Pamama Mr.. M'Duf.
i. fie rose. to make and inquiry of the
y Chairman OF the committee on Foreign
Relations, 1t would be recollected
., that a resolution had been moved BY
his colleague, (Mr. Hamilton.) calling
=. on the President Of the United States
pf to communicate to the House, sthe cor
respcndence respecting an invitation
,e to send Commissioners to attend the
Congress at Panama, and that tho
House, after some qualifications. had
passed the resolution, and communi.
Gated it to.the President. As no an.
s. swer had yet been received, he wished
,s to ask Of the Chairman Of the Com.
II mittee Of Fsreign Relations, { as the
n only organ ofthe House whose duty
ms led him to hold immediate commun.
Vi cation with the Depar rtment Of State)
e. whetherhe could inform the House
d. whether any reply at all is to be ex.
is pected, and il not. What are the rea.
he sons which have induced the Execu.
ry tive to disregard the call of the House.
tn Mr.. Forsyth, THE, Chairman of the
Committee ON Foreign Relations J said
II. he had no information to give the gen
he tleman on the subject to which his in
OF quiry into the subject, and he had mol
lid made any. II fths gentle man from s.
ii. Carolina had any curiosity on the sub
Of ject, he suggested to him the proprie.
'se ty OF his applying to those at whose
ia instance the resolution calling for the
the Information, was adopted,
NJ Thursday, Feb. 90. Mr., Chambers Of