The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-01-05
TWENTY-s CONGRESS-.
Second session.
Senate.
MONDAY, JAN. 3, 1872.
THE BANKRUPT LAW.


Mr. WTaHr presented petition signed by 10
! merchandise the city Of New York, praying the
suspension, OF the Bankrupt Law for two months,
from Feb1ary next; and like petition from 40 in
habsants and one signed by CD laborers and mocha.
mics Of Ne Guy OF New York. He likewise pre-.
sented os signed by between 40 and SO of the prin-
1 Spal mschanis OF New York. suggesting various
amendnrts IN the Bankrupt Law. He presented
anothert'itio signed by a hundred merchants of
New Y Ok praying for the postponement Of the ac-
ton otee Bankrupt Law for two years. And a
,eutio,from the Chamber of Commerce, New
York, 10 the subject OF the Bankrupt Law, which
With e other petitions, was referred to the commit
t9 orihe judiciary
Mr. BEsroS presented q petition signed by l29
sNe4of New York, praying for the repeal Of the
B4krbt Law.
1r.SUcHANAS presented several of like charac.
erfrfl Philadelphia, and one against the conir-
HPiod OF the treaty with tae Seneca Indians
~ CeLuoUs presented several petitions against
Bankrupt Law.
6wra other re 'itions were presented by other Sc
Nos, principally on the subject Of private claims
lice was one also presented by Mr.. WoopBRypar
Esyng an interfsrencs IN behalf OF American CHI.
bens Transported TO Van DiemaAs Land by British
Asthaity.
TIE vicE PREsrDEScY
Mr. PRESTON introduced a resolution instruciinp
ne Judiciary Committee TO enquire into the expe.
roency oil turtle legislation of the resignation
u. leJn,o'a, by death or otherwise, of the Vice
fIesiden ana the President of the Senate and TO re-
por by bill or otherwise. The resolution was
hgreee to.
-hcu MiLfrARr ACADEMY.
~, Gn.'ne resolution, introduced on Thursday,
pyui. "fAHAk' was takes up and agreed to-
Rsolved, That tAe Secretary or wor no d;,.o,.a
orlthe senate what is the present nprnber oS csJa
r mly edaarny at Yves, Point from each State
regulation if any, exists in tse War
etcting the appointment Of cadets so ar 70 nnr,an
among the several States; whether ar 49,,
lcser OF appointments has at any time c,. .e wnoiS
49, Inv n.'y 81. II 90, at what time OF times nj
80 of c,ae.. ,ro,. ny has been occasi.ned in the
~ osaels, rom an, cause, successor h 40 h s,o
eHrmiy appointed in the sa-e Congressona ss oeen
ny which his predecessor had zen elected s'S'''ct
MiDsHIrsEy IN THE N,yy
Ir. Barrow submitted a resolut,, ;ns,~,.,:.
niNaval COMMITTEE TO enquire into the .xord;sn
'oIegulahng by law the appointment OF Widshin.
4 IN inc navy, according 10 the representation Of
tif5'aIcs. The resolution was agreed to. VI
PINE private bills were passed through their 90.
stages ''
ninp DAy'e DrBsrE on THE NEW FIscurrv
" HUsriNoror resumed The debate on the Pre-
nis proJet OF Board of Exchequer and he
Ne 70 the close oil the days session, occupyinp
iYhours with his remarks and he commenced Inv
osVlng, mat II any excuses were required for IN
ne was about 10 take in the discussion. il was
da 10 ,sc Importance and the magnitude of the
Nc proposed to be referred 1t was a subject
IN was intimately connected at all points, with
", exchanges Of the country, and II was a
ec' winch took hold Of the labor and the in.
~ me county, and i was connected
la oVcFslOES OF the people OF the
Wed States; and, ne might and that Il referred 10
s?uwsn o. the government and to its duties.
~ W his Judeneni, II was of great moment 10 all
shFiends of liberty 1t was NOT his in,en NJ an
n&er, al that stage Of the proceedings. to ea,e,
n;Si me points to which he had referred. nor IN.
No.. iarge mo eny Of then,-his sole purpose
seMrhy-as briefly as ne could consis,sntly viii
SI1ture OF ihe subIeci-expresscd the views
Tuerained OF the principles and the det,,s
oiu which was proposed TO refer to co,r.
mH and ne had two reasons for asking tb,t IA
foMfce-one was that in his humble ju IeInsn, Il.
nPles and the probable result Of il mad no, been
POD (if they had not been msunders,eodS
a parts OF the United States, more especially
large commercial cities where this prnis,
ywl'h some favor /; the other was that Inc
q ms ire appropriate time 10 make some
- sin RELATION TO the details Of The bill. ira
was an sos-sncss in ,ien-they rigir