Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1826-12-14

by him, and which oniefwent some discussion in
the Senate towards the close of the last session.
The Bill must, in due course, be referred 10 COM
mi.,ee, and, should they be able to report il
promptly, there will be reasonable prospect Of
an early decision of question that ha. excited, in
no common degree, the hopes and fears of the
community, at least Of tina, portion Of it connected
in any way with 'eompeE cial pursuits. Most Of
OR readers are aware tha the bsnhsupt Bill was
unav oidably postponed near the close oil the last
SESSION. in consequence OF a want OF time to ma
ture itsprovisons and give il that examination its
importance seemed to demand. We know that
some disappointment was experienced the failu q
of the measure at that time, especially as some
indication was supposed to have been given, by
one branch at least of Congress, of disposition
favorable to the Bill. But all who had oppor-
tunity of observing the course OF affairs here,
knew that, from the state of the business before
the two Houses il had become impossible 10 effect
the passage of the Bill during that session, eve. if
there had been decided majority of both Houses
In it's favor. The time necessarily devoted TO the
preparation of a system of Bankruptcy, and the
priority which other measures had in the mean
time obtained, left the friends of the a.
tentative but to consent to its p0stponement to the
next session.
But, though the expectations of some, and the
hopes of many, were disappointed in not procur-
Ing bankrupt law during the last Session OF
congress, some progress was unquestionapiy maue
towards the accomplishment of that most desirable
object A respectable Committee Of the Senate.
after devoting six or seven weeks most laborous-
ly to the subject, reported bill which underwent
discussion quite sufficient to put the public at
large n possession Of it's principles, and most ma
t-rial provisions, aud to make them acquainted with
te prominent arguments in favor Of the measure.
Public attention, too, has been strongly called to
the subject, and perceive that, In most OF our
| commercial cities, memorials have been prepared,
and will be presented to Congress. Without ven-
turing predict the fate of the bill in either i.Ouse
we may be permitted to say, that the occasion
seems to be favorable one for the accomplishment
Of the object Knowing that the measure is loudly
called for by large and respectable portion OF the
people, and believing that it will be greatly condu
Give to the welfare of.the community at large, we
indulge the hope that the eortsof its triend in both
Houses may be crowned with complete success.
Whatever may, however, be the issue pledge ia
found, in this prompt movement in the SENATE,
that nothing will be omi,tedao obtain favorable,
or at all events speedy decision on the question
Next to the passing of Bankrupt law, we con-
| sder il most important that the public should know
| that there is no prospect OF obtaining While
we have strong hopes. therefore, that bill may
be passed during the session. we feel great conf
dence that at all events final decision will bs
| obtained. We can only repeat the wish that tht
| decision may be such will promote the true in
,eIests Of the country. .fdt. Int.