Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1842-12-31
WAsHISGroS, Dec. 81, 1912.

SENATE--BANKRUPr LAVA memorial
was presented from persons IN Georgia, remon.
strarIng against The repeal Of The Bankrupt law,
aud giving opinion founded upon expe
Hence, that is continuance will have the effect
TO prevent ovtrtradrng and the abuse Of the cred
IT system.
Nj Beuton presented one Of a counter kind
from cltlzcns ot Washington county, Vermont.
asking the immediate repeal of the law. Ga the
presentation Of lh,s memorial, Mr. b took
SION TO denonnce the present law III all ITS pha.
ses, as unconstitutional and an llst, and that no
discharge under IT valid; and that all persons
81 Discharged. considered what in England
are termed ''uaccrti fcatcd bnnkruPts
lie insisted that there was mode BY which
a debtor could he discharged from his obligations
but by bis creditors, nd even then, not until his
integrity had been answered for by his creditors
because the public had an interest IN the trans
action.
Ono two grave resolutions were introduced
by Messrs. BcGian and Sewer. The by the
former gentleman called on the President TO
form the Senate whether the Special Minister
from Great Britain had made any proposition. for
NAL or inform Il. in relation to the assumption of
State debts by the General Government. The
other from Mr.. 5 called on the President tor the
nature and extent Of the ''informHt conmun'cd-
tons which took place between Mr.. Webster
and Lord Ashberton, during tho late negotiations.
respecting the territory west Of the r 'cky Noun
taIns. and what we're the reasons when pre-
ted amy agreement upon the subject at present,
and which made ''iaer peiient to incluie the sub
.ject among the subjects of formal negotiation >
Both the above resolutions were ordered 10 lie
under the rules.
Mr.. Allen again submitted his resolution in re-
la,ioa Il the Sennte suing with open doors
all matters OF an execniive character, save urea
ties wnh foreign powers.
Mr. Linn from the select committee to which
was referred the bail relnung to The settlement
and occupation Of the Ofegnn Territory reported
the same With ntncnt
The rest Of The business purely local in its
chsracter-and the Senate adjourned about ?
o'clock.
HorsE- In the House Of Representatives
motion was made and, after some difficulty, car
RED, au,horising the committee claims to EN-
ploy clerk.
The Honse then resumed the consideration OF
tho biI! Tor repeating The Uniform Ii nkrupt law
and long discussion arose, IN which Messrs
Gushing, Wise, Hopkins, Charles Brown, Uader-
wood, c. IngeisoIl, Barnard and Arnold partlcI.
pa'et.
extend the operation OF the Bankrupt Act TIL
April next.
Mr.. Underwood supported this ameniment-
Nr. Cushing proposed that the benefits of that
Act should be extended to all who M ht apply for
1t previous 10 the passage of the measure Of re.
peal. THIS was supported by Mr.. ingersoii and
others.
Mr. Wise. Mr. HOPKINS and Mr. Brown were
for immediate and unconditional repeal.
Mr.. Arnold spoke against thu pending BILL and
made vehement attacks upon the PresIden, and
several members Of the Cabinet for their gener-
al course OF policy.
Mr. Saltonstal then obtaned the floor, and on
his motion he House adjourned.