Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-12-24

t d vded and being answered By the Speaker in tn
affirmative called Tor cIvisioD SO az 10 take the ques
t.on Gr>to the frst clause.
! alr CUSHING doubted whether division Of th'
oresoa was 10 order and called upon the Clerk to reat
ins,ruc:inrs again 10 see If there were TWO disnc
substantive propositions n y; which was done
| Mr. CAVE JOHNSON then, hf:cr a few remarks
moved HE previous question: IN order TO cut OF iif
motion 10 comm, and 10 bring tie House to direc
vote the bal.
The question on seccnding the previous question
vas then taken by telers-aies-rs BOVINE and Ma
thio-ant lost: there Bring only 10 the afiirms
tive.
So the House refused to second The call for the pre-
virus question. -
The question recurring on Mr. logersoll's motion te
md the tnoton 10 commit with instructions
Mr.. CUSHING obtained the floor, and was aoou
addressing the committee, when repeated cries o.
f. Qnes,,ar question, were heard; and he took his
seat. saving That # the committee were ready 10 take
the question hen, he would f'rcgo his remarks
AR ARNOLD moved 10 siriae ont that part OF the
instructions relating TO Voluntary bankrup's 80 that the
nstfrcDns would read "to report bankrupt oili IN
c}ndinq cnrpors,ron MS not Owned b. States
Mr. BOVINE desired To know whether the amend
man as then read would repeal the law now IN force
|, struck hm that 1t would nnt--hat The effect OF II
would b. 10 bring IN new Bankrupt law, withont re-
pealio, the old one He would no; have troubled the
H,n.. ui,h any remarks bu, from The fear that the
,nc,pent steps just taken towards the repeal OF ms
act would not result the mover contemplated lie
would no, say that the gentleman who moved these IN
e,rnc,ions intended thereby TO impede the passage o!
In. b,ii ls!re thsm TO prevent the passage ut any
s,,er bjll during sessun but lie feared that such
would ~ firct oil he notion II II preval'ed. Every
member on ,h1, laor unters,oud we'll what was the
will of the whole country, well as that o his consli
s,,inpnts IN relation TO This question 1t had been long
before the public: and The public mind, having weighed
i, in the balance had, Tar he could understand ~,
declared 1t had been found waning tie was READY
10 act II nnW though hr confessed ne "oo'o me 70
see some III modification Of the bill before The i"use
II he could not &c, that ratification, he would vote io'
the bill as II was: though liz would not vote Tor q
single motion thai. in hs view, would have tendency
20 defrat the measure.
We hive (sad Mr. B bu, few weeks TO stay here
and ic We send Tins b 10 II committee, they might re.
oare snme tine 10 prepare ball III accordance with The
Instructions Of the House; While the Hnuse :sef VAL
ranre some tine To upon 1t in Committee OF The
Wsae after 1t rs reported 10 them-unlrss, indeed, the
. NJ hour gag rule should be put IN force IL wnnid
then have undergo pr"prr degree OF dri'hrta"'n
aud Discussion in The other ho6y so thai IN the enc,
;ier might not b.. tine enough rft al the session 10
pass =: Were 1t for these considerations, (Mr. B.
sad iie would have III -cton 10 The motion OF has
caragna MIR Barnard, to send Tie bill to the Cnm'
m,t,ee m The Judca for their revision: ba as II was,
he cuui consent 10 any neasure That wou oeIay
ar enda igpr us passsge. THIS not proper time
act, A he had before remak.d, IT'S merits were well
understood by the whole country, and by every member
IN tia, fl The Judgment oi the pubic had been
formed and ir-y I'D only TO act on IT. lie would
say alsn that he did no, deem proper 10 lnpugn the
motives of those gentlemen Who voted for this law =
Tie was wiling believe that they acted from the best
and puros motives and he believed also, that many
of them, being now convinced That The law was heX'
ped,en,. willing now 10 voe tor us repeal. IL
was Sufficient for them say that they were wiser now
,han they then were he would, therefore, neither
rmpugn their consistency nor their honesty. Tie had
uniformly opposed THIS law, aud majority OF his con
s,i.cens came ded IN opinion with HIM h. was there
fore ready In vote Tor liz repeal The only modi
calon he warted 10 make proviso that the repeal
shall take erct from the passage OF The act, so as 10
leave all persons who had already commenced The pre-
n;nary proces dngs of bankruptcy under the faith of
a law Of Congress, at liberty to consummae them
There would be- great cruelty and injustice IN cutting
ID those who had incurred heavy expense To obtain
the benefits of this law, md who did under the Faith
Of an ac, Of Congress With this provso he would be
perfectly satisfied 10 vote for The bl before them;
,hongb if be- could no, get ii, lie would vote for the
bill as il thea stood.
NJ. c. BROWN obtained the floor, and asked, Why
should they he ANXIOUS for The repeal of this law: Il
had done the work they intended 10 do and they were
satisfied By the operation of that law many were
made bankrupt who would not otherwise have been so;
ad they forced ty this bankrupt act to ask Tor
relief lie had been opposed to /: from the beginning;
bat tie evil done, and they could not restore to
the community the position which one creditor nnd one
debtor had Ia another II they couid restore Them |"
the position which they occupied when that Law was
passed. thsre would be difficulty; but they could not
DO 90, aud, conse quenily he was IN no hurry.
It's Consequences had been realized, and they kne y
lis worst results. The contracts which existed at the
passage Of The law had been snnusd and destroyed,
and oil contracts were now made with knowledge oil
The existence oil such law; and be- for one, therefore
feared no grea, evi. from lis future opereon, although
he had ever been oppose TO the bill III had operated
the large Debtors and the smaller ones had no; had
the benefit of IL; and he for pargDg The whole be
fore he purged The statute book.
He then made some observations on the proposition
20 include hanks in the operation Of tie law; and he
sa he would make distinction between banks
by Suites aud banks ownedby individuals.
Mr. G. J lNGERSOLL made some remarks, which
did nat reach the reporter s desk.
MIR. BROWN said bank bank, and he knew
no s,,ncton between them. Bu, he repeated he war
in hurry; and he should vote against his colleague
proposition instruct against all other propositions
ra, MP THAI h. liked best; but he would mol
~ made 10 take secondary measure in advance.
Mr. piCKEN5 said, 10 test the question, and tt
-inr the House To direct vote, he should move The
previous question; and, he would add, that gentlemen
attempted emharrass HE hi!l with collateral ISSUES
They would def He called, then, upon gentlemen
(8nd particularly Tic people whom they repre-
scented bad drciGd against the expectancy and tht
cons,ilutonaiy Of That odous law Ia 10 the vote
and make repeal Imperative. With that view, he moved
Tie prev'ons question; which he demanded telers
~. HOPKINS aud other gentlemen made some oh
servaiions TO The gentle man from South Carolina Mr.
Pckrnsl which were not heard at The reporters desk
and, in The confusion, adjournment was moved
I The SPEAKER pnt the question, and il prevailed
SS the affirmative. and IS in the negative, and Thu
House lie adjourned.
/ H.datsday D,rtmbtr 81, 1912.
SENATE.
! THE BANKRUPT LAW.
! NJ BERRlEN presented memorial from citizens
of NV York, demonstrating aga'ns. repeal OF thu
Bankrurt aw and setting ierlh their why ths
nc, nuGh Ito force; which referred l.
J lie Committee :hc judiciary.