Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-01-21
BANKRUPT LAW.

relation to the boundary line boiween MiSsoui
and Iowa.
BANKRUPT LAW.
Memorials and PETITIONS demonstrating arains
The repeal OF the bankrupt law were presented o.
follows:
by Mr. TALLMADGE: Eight or ten nom,
rats from different parts OF the State OF New Yorl
by No RIvES. From diaeren, part, OF vugi
mia.
by Mr. HUNTINGTON: From difr,ron, parts
of Connecticut.
BY Mr. MERRICK. From, ctzeus Of Baltimore.
Bv Mr. EVANS: From citizens Of New York;
from Pntsburs; and from Portland, in Maine.
by Mr BUCHANAN: From 500 citizens OF
Ph''burs, Pennsylvania, aud from citizens of Penn
BY MIR MANGUM: From citizens of New
York.
BY Mr. MILLER: From c6zcns Of Pbiadel-
pha.
BY MIR BATES: From ctztns of Massachusetts.
By Me TAPPAN: a remonstrance, accompa.
MED by letter MIR I. said that it was admitted
by the friends and enemies Of this bill that Il was
extremely ineffective. There was no time for
amendment before tho law went into efec, and hC
therefore thought the repeal OF the existing law the
IN st proper With ions session before us, we
could then build M law TO which a., parties mi h
nssen;. This. in his opinion the best course
nnu no trusted the bill would be repealed, another
roiuced and made perfect enough to receive the
sanction OF eli parties, and become permanent
sys'em.
Bv Mr. WALKER: From citizens Of New
York.
By MIR WOODBURY.: From citizens of New
York.
Mr. MOREHEAD, IN presenting a memor al in
relation TO the bankrupt law, said that letter which
accompanied the memorial expressed an apprehen
sion that he should for the repeal and tina, hrs
vote might operate - deter the hopes Of Thousands
oI unfortunate men who ooksd to this law to re-
J eve them from their misforiunes. IL canro: (sad
J'r. NJ have escaped the attention OF Senators here
10 certainly has not mine, that the Legislature Of
kentucky had made some action IN this matter; and
thu, the House OF Representatives there have, by
very large majority, passed resolution declaring
that tho bankrupt law ought 10 he repealed Ia
regard Kentucky, which had acquitted herself
uoon all occasions, IN peace and IN war, with so
much credit to herself, no eu.osy necessary
from him. The States had right TO their several
opinions as they had hight TO differ IN regard to
the v,ctues and effects OF this any law. Ken.
tlcky, IN what she had done, had done no more than
10 express her opinion upon this 10 ~.
At the tate extra SESSION Of Congress ne vo'ed for
the bill, because his sympathicS aud his Judgment
were in favor Of l.. lie thousands Of his fell
l)w citizens bound hand and foot, oppressed and
weighed down, with hopeless misfortune s airing
them in ,Ne iac-. Ills sympathies were them a
they ere now, with these unfortunate persons. and
his iuisment responded to ms sympathics. He re-
ioceG hat "a such he could "unto the heavy bur.
dens and ct the oppressed 90 free" or that he COZ
be Instrumental m 50 glorious work lie there.
Fore VOTED for the b!. rejoicing AZ the opportunity
10 afford whatever Influence he had m f.vor Of so
good a measure a. he conceived the bii to be- But
when he gave that vote ne dad not give u ndepend-
ont or regardless OF the State Of Kentucly. Return
1ng home Tom thc extra session OF Congress, he
found no great excitement upon the subject no yo-
lent outbreaks, but deep and pervading opposition
TO the law.
. Kentucky (s,il MIR NJ is sensitive upon this
matter Of contracts. She had some experience IN
regard to ,hrm and regarding this rs a kindred law
she WAS opposed 10 H. Nor had he wondered al
the feeling made manifest IN opposition TO this law.
Regarding, therefore, the voice OF the Representa-
tives of Kentucky as iJ had been expressed by the
Representatives OF the People home The popu-
lar voice, he had come 10 the Determination 60 re-
spond 10 that voice and vote Tor the repeal Of the
bill. lie would not now speak OF the doctrine Of
iustrlctio IS not regarding II necessary DO so
at this time; nor 90 my remarks, said MIR Merche5d,
at all apply 10 my distinguished colleague My
position Is \ very different one from his. ! am d
Senator of yesterday, and 1 am not so vain as 90
suppose, while do not mean TO place too low an
estimate upon myself that my services can be re-
carded IN any other light than as Identified with the
constituent body NJ home. My Co league occupit 8
different and higher position. For thirty years
lie las been nm actor upon the public stage, and
identified with all the great questions of The country
lie has taken part IN all OF them, whether they be
onged to the interests Of his immediate constituents
az home or 20 the country. Proud Kentucky
OF him, she did not appropriate him exclusively
70 herself She regards him as, IN some measure,
belonging 10 the other states OF the Union. While,
therefore, 1t may be entirely admissible Tor my CO
league to act differently, 1t ecOmes necessary for
me 10 conform to what may regard as the public
sentiment of those who sent here and whose
servant ! an. | beg pardon, said Mr. Morehead in
conclusion, Of the Senate, If, in the manner have
referred 10 my colleague, have oyerstepped the
bounds Of propuety. have spoken but for myse f.
and with lie sole purpose OF presenting my own
views. One word more, and he would leave the
subject, Whatever may be the condition Of those
Nyhlurc looking for the benefits Of this law, should
i1' forget that disregard the popular voice OF my
own State would make my condition much less toll
rlb'e than the condition OF those who are seeking
e benefits Of this law.
With these lew remarks. the memorial (which
came from citizens OF New York; was referred TO
the Committee on the Judiciary.
Memorials Tor repeal were presented as 'ollows:
nv Mr. ALLEN From citizens Of OHIO
By Mr. MERluCK. From citizens OF Baltimore.
.dr PRENTlSS presented the memorial Of
number OF citizens Of PhddeI pha, praying that
measures may be taken for eifecting such alteration
of the Constitution or laws Of the Union as will re-
IeVe the ctnens OF each State IRON all Obligation
L. interfere or intcrmcdde or the purpose of sIs-
timing and perpetuntins involuntary seryltude in
any other State Nation.
On motion Of MIR PRENTISS, the petition and
lpers NJ the heirs of Phlneas Babcock on the + Is
't the Senate we're referred 70 the Committee on
Revolutionary Claims.
Petitions relating - private claims we're also pre-
scented by Messrs LINN, SEWER, BATES,
CLAY, HUNTINGTON, BERBlEN, MORE
HEAD, YOUNG, and others.
REPORTS FROM COMMITTEES.
BY Mr. EVANS, from the Committee on Finance.
The bill 20 authorize the issue Of Treasury notes,
with amendments.
On motion Of Mr. ALLEN, the amendments
were ordered ~ be printed.
BY Mr. RfVES, from the COMMITTEES on Foreign
Ahhrt; bill 10 revive the neutrality law.
BY Mr. BATES, from the Commute on Pensions:
Adverse reports on the claims Of George Johnson
and Of Mary Chase.
a resolution was submitted by Mr. MERRlCK,
nnd adopted, inqIlring into the power Of he Post
Once Department ne 90 the establishment OF special
oihcss, how that power had been exercised, and
what The effect on the revenue Of the Department.
hro' inquiry iuto the propuety Of publishing new
edition Of the Post Office Laws, for the use Of the
Office and its dependencies and ogcnts
a resolution was submitted by Mr. VILLA Ms.
and adopted, calling on the Secretary OF the Navy
fo report the nuutcr a. vessels bel ngine TO ILL., =
Navy n the years 1889 1870 and 1871, Distinguish
inE each year under specific head, the given NUM-
Der Of men, tonnage and tie expense. &c.
The bills ordered 10 be cngrossed yesterday wer,
fcveraIly read a third time and passed.
The motion submitted yesterday by Mr. Wake
Co refer The memorials against tho rcpoll of ihe
bankrupt law 90 the Committee on the Judicary
with instructions 20 report an amendment with t.t
least practicable de1y. embracing banks 10 th. com
pu.sofy provisions &c. came up.
Mr. KING said he had looked 40 the resolution
and thought d presented innumorabe difficulties
for the reason that some were in favor of a bank
tupt bill who were opposed 10 including banks
ans others we're OPP oscd TO any bankrupt law un
Ifs corp utions shoo'd Dol included. lie could no
NO.c of an amendment which, 900 this particular time