The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-01-19

Sembed al the AMI hepeai meeting were IN alien
dance on the present occasion.
At two O'clock DAVID BANKS, ESQ.,, was called TO
the chair. He read the requisition calling the meet
ing, and the following gentlemen were then ap-
pointed Vice Presidents and Secretaries
President,
DAVID BANKS.
VIcE .PaEsiprNrs
Henry Parish Richards kingsland,
Robert Center, John w. Leavitt,
Stacy B. Collins Moses Taylor,
John X. Willis, Frederick Sheldon,
Paul Spoford, Charles NJ. Leupp,
Robert Hyslop, Edward X Collins,
John II Bowie, Elisha Riggs,
Ferdinand suydam, David Cotheal,
b. l.. Wooley, Thomas Hunt
SEcRErARns.
E.P. Heyer, U.F Carpenter,
John J. Cisco, VIM. II. Willis,
h. c. Richards, w. c. Langley,
- KEEsE, Esq then assembled the auctioneer's
stand, and spoke Tor few moments In low tone OF
voice. We understood him to say that he wished a
law for the Just collection of debts. He did not
think it right that Congress should step in and
preven the creditor from reco7erlng his just debts
Hasty legislation was the worst OF legislation, and
with that Congress had been highly chargeable in
the present They met on this occasion fol
the purpose of imqorns Congress to have some
bowels oil compassion tor the creditors well as Oi
the debtors He would not detaln the meeting, but
would proceed to read series of resolutions which
had been drawn up for the purpose OF embOdylne the
sentiments OF the meeting.
Resolved That in the language Of the first resolution
AZ ane Ia'e @ us y, th
tue siu PEI " ..e iNoPuo
hc depend spon ne COCOA iah OF government ana the
justice a"u 81 s H IS, anu Lave DID,
de9' upon ,he % .ne .is h. a., p.,,
rupt passed at the extra session Of Congress-
raueRt win me os' -. VI wmo uuu u. :.
country will long have reason to deplore
hes.'rsa Ihat the PROVISIONS o. inns raw .ena only 70
Notwithstanding vast amount oil debt without the
oUhse. VI Irssos, anu opei a's W ,ne auv.ase vi
. rd - -, ,h rh,s Nd ;te, 81 ,hosa =" hon
gu. isssiu W. .n1 fsn' ANU VI 'no'e " nom
my ny aie inu ,rp a, :; ~ .,,. A.,
en- a." mere - no AZ .ne
has power it is true, to pass uniform laws on the sub
!t vi ". 49, - .,o.i. ~ VIC oou'u
eon Mn'Jn a"no'|e' 'ne 'pP'oaon VI 'u'" laws l"
'N'h ~. =. ,L 80 A. ,o-.,;.,,.;. -.;A;.
A. f'eoapa ina. as .he =, sun onioIs
,ne n.a.es rum m.sns any uM tnst W. impair ,ns 90
~ az, 70 ~ -; ". N e,;o.I / .;, ~. 49, .e
words in which the mower To enact Uniform Bankrnnt
laws is conferred not in any other mart of the constit
ton from which II an he inferred that such laws ere
Intended 10 have anv ether than prosnecye onerar;on
R,soIr.d Tina, the nresent Ia W IL NOT in truth RANK
rupt but Insoyent Law the sole aim of which is to
are TO that end ajene II
is as another senator felic itousy termed IL a SPONGE
LAW never designed to remain permanently upon our
statute hooks
Resoped, That for the reasons just mentioned, the
Bankrupt Law should be and another
and other moneyeS cornorations in its nroysons g;vs
lust protection to debtors and the public
morals ofthe country
Rrsolrta That the declaration of publ;c newsnaner
in this city repeated by one OF speakers their meet
ing on Thursday 10 the effect that he change of opin
ion in regard to the Bankrupt Law on the part Of
members Of Congress was effected oy bribery is az afro
70 th n"nishmsnt which ths w. visits or suh and.
ers. '
Resolved That in our opinion those members of Con.
10 hang nd tod far bo
peal OF this odous law showed degree OF fearlessness
and independence worthy OF praise and entitled them
seIsesto 70 t Tss r 'h;Ia % aones; men
,hna Iouas, rn wrthv ;nsni.anta III ny b o , W.
20 "h,an ,So;r -
not within the 81 ongress nsr II were wnui1
be Just to pass any law Tor their relief that would
open the door fraud and operate the dsadv of
large portion Of the community special legislation
the benefit Of class at the expense of another ought
MOTTO be tolerated in country where equal rights and
equal laws prevail.
Resolrea That il il a lamentable fact which every
right feeling citizen must depore that for the LAST
raS xsors reynin,;on in nnbic morals has hoan :;
progress which threatens to DESTROY the NJ
this country in the ewes Of the whole civilized world
Bank robbsries and failures to an edeuted ex
tent defaca,ions Of nublic and private otfcers re-
puda,ion of debts hv sovereign States: increase of
crimes to fearful degree together with the Hercu
lean and not ssu efforts of many to procure an
ncontionai and arbt,a ru ia,v for the eriineushmen
of debt are all offspring of the same parent and evdea
ces of the devas ston 10 which the public mind and mo-
rails have been unhappily subjected
Resolred finally That invoking the name of Justice
and that sacred instrument which binds the States
Union together we solemnly protest and demonstrate
against an unjust oppressve and uncenstitutiona law
which threatens 10 deprive the Industrious of his
legally acquired property TO PROSTATE of
chants in common ruin and to aix an indelible stain
of dishonor on the public character of the nation
Alter the readIng OF these resolutions slight de
gree of confusion took place. and indeed their read
ing was frequently interrupted by expressions of an
probation and disapprobation Kisses and cries of
i three oroans for living Webb y, mt The resoI,
lions senarateiv 80 N-c E;na,,v hoyeys, ,ha
,a.nIn,;Pns ~, w, anj ,anai ~ 'ls
Itso..hons w. Pu. gnu ieocNeu 'iie assent Oh
aoeut twc,hI3s oi tne Hieeupg, inc remainder
giving suiilcienty audible expression OF their ois-
approval
The CHAIRMAN declared the resolutions adoptsd
and called on
TuyopoRE Sc pcwIcx ESQ who stcpned on the
MA form and ,hus addressed The ,pee,in1
,n,y C,r,,rS,.i, ;s AZ, vsars snca IL, crs,;.
Tie, q, tho ITn,s5 es no as fyamsd nrrn ~ @ 81 y,
wears the no yer 10 mss b,ntru laws has
dormant in the hands of Congress with The excsron of