Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1841-08-02

VI CIOuiloio, tACtplluH lIlc W ~ n'u OHOiWNOs
whose several demands shall not exceed S25.
Debts payable at a future day are TO be paid pro
rata at once, and contingent claims are properly
provided for. Due notice is to lie given of petit
tons OF voluntary bankrupis, and the usual pro-
visions are mnde agninst fraud. Dividends are
10 he made once in six months and the settlement
is TO he concluded, if practicable, in Two years.
Authority is given to the assignee to discharge
mortgages, &c bankrupt who has once taken
the benefit OF the net, Is not TO he entitled TO the
same ngnin unless he can pay rs per ct. Of his
debts. When partnership become bankrupt,
the joint and separate es,ucs Of the members are
to he taken and applied FIRST respectively, to the
payment Of the dobrs for which they IRE more
particularly pledged by implication, after which
the surplus of the separate estates, II amy, is to 20
to pay The joint debts, and rice rerSn. Deeds Of
real estate from uSs ure To reclie the decree
ot bankruptcy &c. The personal property ofthe
bankrupt is To he paid into Court within sixty days
from It's receipt 10y the assignee aud suitable bonds
may I've required Of such assignee Ivy the Court -
commissioners to receive proof of debts IRE to
be appointed from The county within which the
bankrupt resides. The usual precautions against
fraud are inserted.
The House occupied the day in discussing the
excellent resolution reported 10y Mr. Wmthrnp,
providing fer committee TO examine into 'he Ia
riff question during the recess and elicit all pus-
sihlg information on the subject, preparatory to
the contemplated revision. Mr. W lSG again Op.
posed the resolution, and was replied to III MAS
terly manner by Mr.. Gushing, who completely
routed him-not only on the question OF the pro-
pricy Of collecting vnlnaNG information, but on
various Other points which had been brought up
by MIR. w. He proved very satisfactorily thh IN
iimate connection Of the nOrtlleril and southern
Interests in relation To the Tariff showing how
the very diversity of their respective products
ronduced TO render the different sections ~ The
highest degree useful to an! dependent upon each
tlll
revision of the Tariff contemI la ed by tile Com.
promise Act Itself aud telling Mr. Wise that he
must help to raise the revenue, either by larltf
or direct laXajiOn-asked him which mode he
would like. Mr.. W. was compelled TO say lie
would not go Tor direct taxation.
Mr. Gushing having concluded lis remarks,
which have gained tor him high commentator,
Mr.. Ncsbit rose to reply to Mr.. Wise who had
intilated Tint IN ong for tile resoIut,ua lie (Mr.
n had gone counter to tie opinions at his own
Stnlc. He said that Georgia not given TO
"n,straclions," and that her delegation would not
look 10 Virginia for their guidance. lie llaudled
his opponents argument without gloves, but rll-
er eschewed direct and offensive personality. So
did not Mr.. Wise. who chose TO consider the gen
tlemans remarks as personal to himself, and con
sequcntly launched into TRADE of virulen abuse
of his Antagonist, delivered in sly lie which would
have been rather more appropriate to the boards
of II second rate theatre than HE floor Of All
HlcIiCul tOHnItsS, lie UccUSCn MT. NCSDlt VI Ivy
pocrisy in pretending 10 be IL friend of his while
he had really sought the opportunity Of attacking
him, and bestowed upon linn variety OF other
similar compliments. a sort Of ring was formed
around the cOnbaiantS nenlher5 Standing up and
crowdiug around 10 hear what should issue from
II man apparently so intensely excited. Mr. Nor
gan of n. Y. who, though young man, prelels
business 10 amusement in the House, called Mr.
Wise to order, but il was thought too laie 10 stoI
the controversy. Wien Mr.. w had finished, Mr.
Nes' quietly rose and disclancd any design o
attaching the gentleman from Va, aud repelIct
the various accusations made against him, bu
without condcscending to reort in tie same way
after which the House immediately adjourned.
Mr.. Win;hrOp'S resolution will probably pass 10
morrow and give place To tie Revenue bill.
FRIDAY, july 23
In the House the debate was resumed OH III,
resolution relative to the raising Of special com
millee on the revision of the tariff; it was no
concluded at the hour of adjournment
In the Senate, the bill To establish uniform
system of Bankruptcy pissed to s third reading
AS this vote is considered aanI"unt to It's pas
sage, we annex the division.
Yeas essrs. Archer, Barrow. Bates, Berrien
Choa,e, Clay OF NY, Clayton DN"n, Evans
Graham, Henderson, Huntington, Mangum, Mil
Ter, Phelps, Porter, Preston, Rives, Simmons
Smith OF ind Soulhard, 1nIlniadee, Walker
While, Williams, Woodbridge 26.
Nnys-NlcsHrS. Alien, Bayari, Benton, Burhun
an, Calhoun, Clay Of Ala, Cu,hber, Fulton, King
liun, McRobcrls Mouton, Nicholson, Pielct
Prcu,iss, Sewer Smith OF Connecticut, Surgeon
Tuppan, Woodbury., Wright, Young %
The 0mcndmeui Of Mr.. Nicholson OF T'nncs
see, 20 include State Corporations, was relcc,c
hy the following vote:
Yeas hlessr. Alien, Bates, Eayard Benton
! Buchanan, Linn, McHohrrts, Nicholson, Pierce
Saith of Conn. sturgeon, lappan, Walker, " II
ians, Woodbury., " risiii-i6.
Nnys-Mes,rs. Archer. Barrow l!errirn Cal
houu, Choule, Clay OF Ala, Clay Of Ky, Clayton
Cuthherl. Dixon, Evans Fulton, Graham, lien
dersnn, huntington Kerr, King Nlang'n, Mci
rick, Miller, Morehead, Mouion. Phelps Porte
! Prenliss, Preston, KiveS Sewer Simmons, Snih
of Ind, Soulhurd, TaIin,adge, White, Wood
brihge--34
Tie Loan bill has received The asscn, Of til
President.
SATURDAY, July "a.
Both Houses Of Congress are moving stead,l
onward TO The end of the session, which hop
and believe Is not further off than the 10th or IN
OF August. The Loan Bill and the Bunkrul
Bill have both passed the Senate this week, M
the Bank BILL which is regarded us the grei
measure OF the session, has received iarnrnbl
considcrulion-From appearances nj the hour
adjournment this evening, Monday will send it
safe deliverance But the time of final action
| by no means certain. Of The success OF III
bankrupt bill | have had but one opinion since
came TO the city, AMI that Isl that II would pm
upon terms of honorable compromise. day ,
two, ut most, will change all doubt to certaint,
The unexpected passage Of The bankrupt hill
the Senne--uuexpecte ted ne Ia time gives II siron
I. assurance that the bill will he nvorully conside
ed in tho House Of Representatives. The strtngt
OF parties upon this ilnpurInnt measure will 500
be put 10 test.
There will lie no committee To sit during III
recess of Congress- rs was contemplated by III
Committee of Commerce and the majority in ii
House. Mcl<cons Perish Commerce." "Pe
ish Manufactures" Perish Agriculture" specr
had The effect of absentIng many member
from their posts that the motion 10 consider VI
carried, and the resolutions laid upon the table,
10 sleep there probably to the end Of the session
The House adjourned today ut IL O'clock, ratI
er for want of business than for having TOO niue
| To do The urnse. il necessity comld nhinurlI