Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-03-08

the bill could not then have been passed,
and It's friends made The promise clearly,
as 1 understood it; but now, having Sc.
cured our votes, they are content with
ihe law as il is, "wlh all its imperieciions
on iis head" and without any of its sob.
scurii;es being made clear before il goes
into effect"
Not one Of the prominent friends of
the measure moved in any way, (belore
The vote on the repsal) TO amend or per
feet the bill, nor did they aid US to get in
amendments when offered by US. They
hare our votes for law Of which we
disapprove, given IN confidence that il
would be amended or repealed al this
session, but having obtained them, they
now refuse 10 alter or amend. Who,
then, ask, should be censured for this
vote OfrePealI Al whose door does the
charge of inconsistency LIEF
We have gone straight forward, opposed
to the law in its present defectire form
then, and opposed to il nop, aud yet We
guilty Of iDoonsistency!!! This deny.
have amendments now by me, while 1
write, thai would, in my judgment, have
removed many very material objections TO
the bill as it now is. The law is one of
the most defective that, perhaps, ever
passed Congress, and If mistake not,
will, in tho course of lew years, be
most universally diSaPproved. In its pre-
sent shape it will, in my opinion, be one
Of The most unsatisfactory and unpopular
laws that has ever been passed in this
Government, not being we'll guarded
even for the benefit Of the bankrupt him.
self.
Let US look at some few Of what ]
consider, defects Of the law, contrasted
with the benefits that are expected 10
flow from it.
Wlll any ono say, that i! is right and
JnsI that tho principal debtor should be
discharged from liability, while his securi
~ continues bound for The debt If the |
principal, who is thus discharged?
Wlll any one say, that debs for money, |
paid by security, shall be forever blotled
out, and that he shall have no recourse on
his principal tor whom he has paid the mo.
ney. whatever may be The change in the
future circumstances oFlhe parties?
That debts for work or labor. over S25,
or due more Than six months. shall be
cancelled 10y more operation Of law2
That bankrups may receive rpr,unes
from ancestols by gi(i or operation Of
law, aud enjoy them in the face Of cred
! ors, wholly exonerated from liability?
That those who have given property to-
their wives and children runIess such off
can be avoided for frand shall 90 free
of debt while this property remains in
The familyP Aud that all debtors of
bankrnpIs shall be put 10 The enormous
expense and costs Of being sued in the
U. s. CourtsH
| cannot believe that such law will
meet the APPRECIATION Of the country
when il comes to be understood. II, SO
expensive and attended with so much !.
cost that il will oppress those really un.
fortunate and deserving, while it will, on
the nther hand, fear, build up a state Of
splendid bankruptcies. Gentlemen may
become rich by failing few times. Bni.
say lis advocates, let ustry il? The trial
will, ! fear, do the mischief. Irepeal, |
most sincerely regret, that it has been
my duly to vule for the repeal :but, under
the circumstances, | could not do other.
wise The Senate have rejected the re.
peal, and Of course the law continues, and
fear will moi be amended.
Yours, with respect,
p. G. GOODE.