Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1842-12-24
TwENTY.SEvENTH CONGRESS-
THIRD SESSION.
WEDNESDAY. DrorrprH n, isaa.
IN SENATE.
REPORTS FROM cowv,,.,.

/ cNtuPotiou Terrifor n
Ugon and for extending portions of the law, Of the
states over the same. and for other purposes wild,
| certan amendments. '--f--0' ''
Mr.. LINN submitted the following.
Resoired, That the President be reou,.,.a ~ ,f, a.,
ae OF tne nature and extent OF the informal communal
winch took place between the American Secr.
.ay OF State and the British Special Minister auns m.
lae negotiations at Washington city, upon eth, s,b;ec,
o. inc Claims OF the United States and Great B,.;n to
se country west Of the Rocky Mountains and a,o n, IN,
form the Senate what the reasons which nexsn.d
any agreement upon The subject present" and which
made II "inexpedienf 10 iueIvde that ,.b,.., -. -
suDeef Of formal negotiation"
HOUSE OF REPRESENTATIVES,
Mr. THos. B. KrSs, of Georgia appeared and ,ook hi,
/ seat. % -frSU an" '"on AZ
Tie Bankrupt Lac
Inc morning hour having expired the SPEAKER a.,
nounced the unfinished business of Yesterday hene The G
oi. heretofore reported, leave. BY Mr.. EvrRrrr:
| BILL TO repeal the Bankrupf Act
-, enaeted, by the Senate and House of Rsprs,enfa
es me United States of Ameriea in Co,rr,s, ar,,n
0aed, That an act entitled IAN act to estahsb un
81 oankrupcy throughout the United States annro
yea on me lSth August 1871 be repealed Por;S.d Th,
tins act shall affect any case or procecding in h.
cy commenced before the 5h of December 1870 on arv
palms, or penalties or foeitures incurred under said act
And the state of the question was this:
Mr. BARNARD had moved that the bill he eor,;,,.5 a.,
he committee the Judiciary
winch motion Mr. c. J. ISeERsoLI had moved to amend
oy AIDING thereto the following instructions:
report bankupt excluding voluntary h.rs
oy states and including such corporations owned BY STATE.
men said instructions Mr. ARSotn had moved TO amend
oy striking thererom the words olowng Extending vol
uh'ary applicants and banks owned by States and"
And Mr.. PIcKESs had demanded the prevons o,.s,;,,
Sheh' seconded cuts of the motion commit with in
structions and brings the Honse ~ d., -. - az.
grossment of the bill) Wv ~ 49, en-
PENDING which motion the House had adjourned
h "a e 9gsshon now reeurred "wil the House second
une demand tor the previous question ~
MI CUSHING and appealed TO the gentlemen fo,,
. Carolina Mr. PIcKESs) t. withdraw the mo,or 10 sn.h
nun (Mr. ~ TO make proposition He had the aoor Vs.
erday before the demand for the previous ,nd -
proceeding TO speak, but there call for the nesfon
ana ne had yielded the floor therefore supposne b,, he
the previous question. ~
Mr.. PlCKENS. Do YOU wish 10 pronosa an .r,.s,.,,
Mr.. CUSHING said he did
or. riShENS. But there already two amendment.
penaing on cannot, therefore, under the re nroDe -
Mr.. CUSHING said he desired TO submit prono.r;on
which, ne hoped might enable him to ocrhis amendment
Mr.. PlCkENS said he wished TO bring the Hou,r 70 a
direct vote the engrossment of the bill He -oS 80,
pleasure accede to the proposition gentleman from Mas
saenSe', Mr.; Cushing buthe satisfied the effect
would De TO defeat that object
The SPEAKER said the question VIVA mn, 5.h.,.I.
and inquired OF Mr. Pckens whether he persisted in hs
hiand Tor The previous question:
Mr.. PlCkENS said he must respectfully do an
i COsfiNc then called for telers the demand for
me previous question: expressing the hope that the House
Mr.: BARNARD expressed his desire tia, The H,r..
should indulge him having read amendment he wished
rh~ SPEAKER said it could be done by general CON.
Mr.. PICKENS here rose and said he would x;,ha,.u
e demand Tor the previous question on the pedee f h
from Massachusetts, (Mr. Cushing) 10 renew IL
VT. CUSHING having indicated his intentio 40 ~ =
ne demand Tor the previous question was ,rtbro,,n
Mr. u said that he understood the pending question TO he
on me motion OF the gentleman from New York fMr Bar
au to refer the BILL together with motion OF the cen
Genan from Pennsy vania, Mr. InPersol 10 p.y,., ~.
committee. The first question: Of course would h. on 81
instructions and then the committee If the nrev;ou.
quesuon should be adoptedit would the Instruction.
would preclude all amendments and bring the House .,
direct vote the bill stood proviso and an H.
"ou therefore suggest 10 the gentleman from New York
80 ~i1faw ms motion to commit the instructions would
ueh ia oil course and the would be open for Mr. C.
10 oer an amendment which he thought would render the
OIL more acceptable and just He would then II tho
gentleman wished II, the motion TO refer with insc
tons Meanwhile, he would send the amendment ~ ,ha
Clerks table To be read for information
The amendment as read, Is follows
In the proviso OF the original bill strike ONT ,h .5,h
day OF December 1872 &C. and insert so tb. ~ 80
snail read as follows: Prouided That this ac, no, ~
ect any case or proceeding bankruptcy commenced be-
vie passage OF this said act, any palms. penalties or
ioreliures incurred under the said act but ever nch 49,
eug may oe continued to its final contamination in ike
manner as IT this act had been passed.
MI BARNARD said he would consent To ,v;,hd,.vv H.
mouon 70 commit the bill condition. namely that h.
might oer instead of the amendment proposed by the gen
ueman from Massachusetts, another which he nov hid IN
was read as follows: o o"' -
That so much OF the entitled An actto establish
uniform system Of bankruptcy throughout ,he Un;,.d
states approved the 18th day OF August 1871 =, su
MONIES any person owing debts apply BY peton or
uis dement, OF said act, together with ali the parts of
sa'd act which applicable solely TO the mod NJ
ootaimng inc benefit OF the provisions of such act in
oehah OF debtors by the voluntary petition a .uch debtor
ou' tne concurrence aid Of their creditors be and
INC same Is hereby repealed Pr0Uided That this act shall
not affect any case proceeding in bankruptcy already
commenced or which shall be commenced before the All
DAY OF July next palms. penalties or foretures ore
scnbed and incurred which which shall be incurred un
! der said act" ~
Mr.. b. said that the time specified in this smendrsn,
was not material The House could sbstuite any o,hey
date IL might prefer.
Mr. CUSHING said he was unwilling to accent Of this
amendment IN place Of his own because Il went beyond
une simple object OF MI C's amendment which only
to perfect the bill reported. and proposed new modca
ton OF IT, thus presenting and complex question TO
the House.
Mr. BARNARD urged that his amendment, wen, n in.
clude that OF the gentleman, and could do il no possible
harm.
Mr. CUSHING thought must defeat the whole object
he had in view He did propose to 20 into any ars
ment on the elements Of the proposition he had suggested
or ne relation 10 the several parts Of the law Without the
consent Of the gentleman from New York (lfr BAHxaHpl
n could not come up for action snd IL the gentleman per-
sisted IN hs REFUSAL Mr. C. redeem the pledge he had
given TO the gentleman from South Caroins Mr. PIcxESs)
by moving the previous Question: and he moved accord
ingly
The question, evil the House second the demand for
the previous question:" then TAKEN by teler) and
decided IN the negative Ayes &C. noes 81
10 there second.
The question recurring on the amendment Of Mr. Az.
NoLp,
/ Mr.. UNDERWOOD said that when the bsnkrup, lac
wss originally passed he had stood up here ~ the hour
and offered twenty amendments or more 20 make
the bill what IL should have BEEN but hs was not attended
70, and he had then warned tho House Of what has
since happened, but needed Evers thing vas
done nhOt haste without elaboration aud he apprehendsd
IN the repeal Of the bill the Of deibersdon
might now interfere with vested rights There were many
cases Of compulsory bankruptcy pending. in which,
II the pettoning creditors succeeded they would Be en-
titled 10 share IN the proraa with favored ered