Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1842-12-24

,... -, h; 90 oh,.n ,s,;c. ,rh..s r...s n yv,.
,s IA 49, .s,,,d he co,nnromsc I'm, hcrc yvcr, Others
- ~ III -. ..h;si -. - go, IA, or.r.,;y. IN,
- - - :. .rI.s-,....., 4, 60. n.,,,..d % ,,Ifv
al. ,hsis Til. sslvo Tr so mo,.rons nroccedns was
~, , r... o,J no, ,,l .ce In ,scs up TO the 5th
Of Dcerr or nm 10 tho passage OF law OF even
mn 10 the lar of Juv newt what object Of these
sr;o.s nrox;.os, rbcy were intended allow all who
,n,ed =, en-, LOGO from the obligation Of their debts do
,o Now what was il That the public sentiment demanded
r,s the obligations of contract should not beouched and
aat demand was the ostensibc reason for repeating the
law; and yet in the very act Of repeal gentlemen would in
scr proyso allowing time and opportunity for all who wan
ted free themselves from the obligation of
efec, their purpose What was the argument urged in be-
half of such In was ,ha, some had oh
t,ned the benefit of the act and others ongh To he allowed
the same chance hui the fact that so many banpts had
obncd the benefit, was the very ground ON which the peo
NE demanded the repea Of the law Here was fine sam
Mo of ooncmen,s rospect for pubc sentiment If ,hev
had erred in passin the Law, the sooner they re-
poaled H. and the wide. the eees Of the repeal were ,nrcad
The better
Mr. u said he would offer another suggestion though he
shpd NO, move any amendment. he thai ,s M,
homeless he had tried il fv nj ,be former session bur
in vain ne intended by his votes TO carry out his
principles He had told gentlemen from, the beginning he
was in favor of bankrupt law; but not for such law rs
this After some reference TO his personal experience he
observed that the true principle of bankrupt law was 10 re-
eve debtors who had become such by misfortune, those
who were bankrups from imprudence or fraud but this hill
had relieved both the fraudulent and the mprudcnt and il
against that that society had risen up man.
Nobody pretended that who had suffered by unavoid
able and overwhelming calamiiies whose property had
been consumed by fire. overwhelmed by tempest in the
ocean, should be left without legal relief No could
protest earnestly than he did against mortgagng
debtor soul and body to his creditors forever because he
had been overaken by unavoidable calamity but when the
law free who become bankrupt by their own
mprudence with fraudulent intent il was in effect
mere license go and play the game again. He
Thought there oug to be discrimination in the repeal and
that Congress should esbsha general bankrupt system He
had objections for the amendment suggested by
the gentleman from New York, the way, mir. BAR
sARD provided nc would reduce the time; in that he
wac ready to vote for it.
Mr. BARNARD suggested TO Mr. lScERsoLL and Mr..
UNDERWOOD that they would consent to give and al
low him - withdraw his motion recommit and offer his
amendment in modihed form reducing the time from the
4n OF July to the 18th OF April he would now do So and the
Assent being given NJ BARNARD offered his amendment
After conversation between MessrS CAVE JOHNSON,
Back, and USDERwooD-
Mr.. bLACh inquired whether m9,on 10 lay the amend
y" ''' ''''' S"'''D'' "0''' carly A'' '"' WIN
IT. f,u, I'D uo,,;al !; H. q, .;
1Er = 7 INC.EPS sol 7 rnraJ - .,,o,a H. a |
49,, &c AZ parn.-J D., LII, r. - 81 - sIS
hnL" ~ y ""'''s "'' "''"' "''N ~ i''"ue
Io,o conversa,or tool Dl.oo ~, , o;n, or 1 :;
vovinr tho fact of The ,cero5,y of Ar e TnooolI,s
omsndman, ne sohs,or,vs oos;,o J ~ spFsr
ER h.ynr do.;dod IT,, :, oonId ~, h. ,oc,,od =. -
Mr. C. I TSGERSOII I. Withdrew, Tho motion o STATE
ment of Mr. Cusbing thu, he opd offer the he
Nj h.ro,as,ro 1891 Il ,.nIl - -. =. .:. |
with ;ns,rnc,ons & "OD'D '"e '"''' - ''''i'''
Mr. q ,bercnnon off HE or,.rdr,o, ~ .,a,oJ h
Mr. EVER ET,T Submitted ,bo, The con H.. m f Ni
sscbuse,,s TNr cusbiraS la no VIC n, =, ,,si , -,
AZ ono tins 90 -- ~ e' " "N WV ''OA''i'
some conf,s;on os n the octuo state of the r fl
lowed. when in answer n an ;nou;rv from NJ HonL;n
rhaS caid tba
inc amendment Of Mr. Cnsbin 70 the ancndman e NJ
Rsn.rd " " WI
NJ IrNDppUnOD ~o.,,r..l IL III Il.
:, ,ba :; -, nI..a 80 -. = -. -, ~ -. ,i
la,r 90 f.r 49, :, .nnI;od - IIn,a LI, ' .l p
o5;;an - i - S' :.t ' o tes' "iuiou'
o retain 40 much of the law rs allowed conpusr, b,,L
- - a. J;1,-;t,,,;a,, 3 = hI.," f' N-
~ o.a5;,r-s 80 -, r.. H. -" l. ii i ns
ION ba ha IA ,Lis 80 h. 800, IL - a.. I'll i
,non, rroroscd h., ,b. asn,io,a, s. NJ VI si
80 80 H., 49,, =, ,I III - Nj -, :. M ~
,,n,,r, harL,,nio,. =, ,' o,,n,o ~ - - " W.
IS IL ~ Ill .,c - anu 'u W se'
aJ A. p,,..,n, 80 II N' ~ 49,; 49, NV ~
non of NJ W anu : ' ny stunning '"' 'i"' poi
The CHAIR decided tia, tins nIuton could not he made
iaasmuch as there were two amendments already pendng
And this gave rise TO another point ,f order which b
i'm, b.ep i;snos.d of
Mr. HOPKINS wished - o,,loin tho vote h slia ;
an ,h;s o...s;o, 10 -. - - IL I.n S'''
H. Lai;.,J -. IL -. - 10, Pe H"u ueIiu.c' III
e 1eeveu "ey hIu' ua' he bankrupt law should be re-
rJ n-ono,nce :, " onnio dI J IL Up - M place
.ycrv nroros;,;o,, ,eb ;cb ~, ., oI 80 L eaiu
neal ns nm nonnt 10 dsannoin, nnblc Ynoc,,; - 80;
the pubc will What he wanted was n direct vote nm ,ho
Immediate and unqualified repeal Of the law Thar he he
eved the deliberate decision of the American Peone
and he called upon the friends of repeal 10 take nothing bor
cf it.
Mr.. H. should 40 ains any attempt 10 ncornore the
amendment Of the gentleman from New YORK rNr R,r
nard or the gentleman from Massachusetts, mir nsbino
and he would say that he should vote even for the Hi
Of the gentleman from Vermont itself in the present fo
these propositions. II now in the hands of the
House the repeal but some of the
proposed would virtually defeat that To leave
bill open the 4th of March, would proclaim public
notice every debtor in the land who wanted get
of his obligation TO paw that there was an open door for him
ID ,lo