Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-25
The Rcpfai Bill.


probable fate Of the Repeal bill Some gentlemen write,
that the votes have been asceraned and that the Re-
peal bill will be nesayed. Others again say, that It's
tate is very doubtiu-and Others that Will be passed
The Washington Correspondent OF the New York
Express enumerated the other day, 70 Senators who
would vote for the hil-but doubts whether Mr. Cuth
bert would be there TO vote at all This would indeed, be
most unfortunate lie expresses other doubts too which
are calculated to throw uncertainty over the result
lie classes Mr. Preston with the friends Of Inc bill
and in that calculation certainly correct, because Mr.
Preston himself made iii. following declarations IN lie
Senate, on Thursday last:
MIR PRESTON SAID he was deeply Impressed with
the notion that tie repeal OF law presented very
different case from the enactment Of law. IL was
prorer that there should be pefmonency and hxedn"ss
IN the laws oil the country, and improper that law
should be repealed six months after its enactment lie
would have difficulty reference to the bankrupt
law, if his objections were not OF very deep rooted
character In voting, therefore, for the repeal OF the
law he should when Il up, II would oe under
the impression that the law was bad IN itself. The
of The last session Of Congress locked to re-
peal or essential modification Of the law. The pas.
sage, in some Sort was notice to the people wishing
for the benefits of this bill that the law should be amend
Cd 1t seemed TO him wrong however, That, al the
very moment the cup offered TO their lips, it should
then be dashed from them, proposed the re-
peal of The law. In the character OF the act alone
could he reconcile il 10 sense oil duty 10 do tins
But he felt himself imperously bound to vote for the
from his friends of the extra session OF Congress upon
this question. But, since then, his opposition 10 the
measure had been made stronger and wider by the sub
seouent events which had interviewed. His own State
unanimous against the law, and there was no class
or party there in favor of it, The agricultural people,
too who formed The majority in all sections Of country,
were opposed to the law. We were, as was well known,
moral people. To this class of persons bankrupt
law would be advantageous, and never, III any
shape, acceptable 10 them.
TIo Uoneral nro had been stated. a
bankrupt law was of u commercial character orig ina
ly confined to traders, TO prevent extraordinary trans
actions oftradc. it made for the benefit OF the cre
di,or and intended be incidentally beneficial TO
the debtcr interests Of the country This bankrupt po
licy therefore, in his opInion belonged TO commercial
community, and could not operate beneiciay TO any
others The classes Of people, in interest," in this coun
try sad Mr. P) are, to certain extent divided Sec
tionaly. The Northern portion were more OF CONNER
cal people, the Southern agricultural in their en-
Payments and interests and thus we become sectional
ly divided upon this bankrupt law
The Express Correspondent enumerales Mr. Man
gum Of n Carolina, as against the Repeal 1t would
appear from the following letter 10 the Editor of the
Louisville Gazette (of the Sd Of january that Mr.
Mangum is posfpOatr, and not repeater:
81 ascertained that ts fate depended on Mangum $
vote in the Senate, and being such terms With
him as TO put him frankly upon his honor, approached
him. his murning) and put the question to hun, cate
gorically. He told me he would not repeal, but he
would vote to postpone the operation OF the law, with
view to modification and amendment. In the course
Of our conversation lie repeated empaticay, he would
not vote for repeal f,he law. This encourages me-
All is safe. They cannot repeal without Mangum s
vote and the House will not postpone. The danger
from tho House is repeal, and the difference between
the two bodies will the law. 1t will go into ope
ratiod the first of February.
We should suppose, from MIR. Walkers remarks on
Saturday last, that he will now vote for the Repeal to
obviate The embarrassing consequences which he points
out from the laws going into operation on the LIST re-
bruary-and that he will trust to the future Tor the
passage of another law, which is more consistent with
The interests of the country apd conormabe to the re-
QUESTIONS of the Constitution.