The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1842-12-28

edge ol young Spencers offences, naoits,
| temper, DC. He neither resigned, nor was
he brought to court martial but instead of
receiving the punishment due, he was trans
ferred, with i reprimand, 10 the Somers.-
The situation of Mr.. Upshur, though deli
cate one, as a member of the same cabinet,
and until recently as one family, being a
fellow boarder, hardly warranted the kind
treatment received. 1t is easy 10 complain,
however, and as the facts are not now off.
cally made known, forbear further COM
ment OF present. No event could well have
created greater sensation here, and the ex-
animation into the whole affair will be most
rigid.
CoNGREss-Tucsday Dec. 2O.--In the
| Senate nothing of moment was done. In
the House, Mr.. Gwin asked leave 10 offer a
resolution calling on the President for any
official information he may have received
relative TO the recent mutiny on board the
brig SomeTs, the number of executions, of
what grade of officers, &c. Objection be-
ing made, Mr.. Gwin moved a suspension Of
the rules for its reception, which motion was
rejected without division.
NiiAs hfStGtA S1dLCu ludl III ildu hOttQ lOI
the Bankrupt Law when il passed, and a
gainst its repeal at the last session He
was glad that it had been passed; ii had had
a greater beneficial effect IN relieving the
country from The load of bankruptcy, Of ruin
and distress !ha, had been cast upon it, than
any other measure which had been passed
by Congress.
| RI. ha boJ parar Joe;raJ ., he nor
manent measure /; lis beneficial effects he
considered all accomplished. He did not
know but by retaining its involuntary pro.
visions il might be beneficial, but he pre-.
ferred its entire repeal and the bringing for
ward of another plan, if cxpedicnt, on its
own merits.
Mr.. Barnard made an animated and pow
erfu speech against the repeal.
He commented on the disastrous conse-
qences of presenting such an example ofun-
stable Legislation, referred TO the resolutions
passed by the Legislature of VerMont in
favor of repeal. of which he said this bill was
| the first fruits, and deprecated the results of
being drlfled about by every wave of popu.
lar opinion and popular delusion-of the
Representatives in Congress being governed
by the will of the Representatives in the
State Legislature.
The most odious part of its effects only
had yet been seen in lis retrospective oper.
atoms, and in IFS beneflting debtors, and
now as its salutary effects and real useful.
ness, by its prospective provisions in its
advantages 10 creditors by enabling them
10 limit The amount of credit 10 be given, 10
compel their insolveni debtors 10 q liquda-
ton of their accounts &C., was about to be
experienced, it was proposed to be repeal
ed
lie concluded by moving 10 refer the bill
to the committee on the Judiciary.
Mr.. c. ]. Ingersoll moved an amendment
of instructions 10 the Committee 10 report
Bankrupt Act excluding voluntary appli.
Giants and including trading corporations.
Mr.. Pickcns moved the previous question,
but the House refused TO second the motion.
Mr.. Winthrop opposed the repeal, and il
was advocated by Messrs. Payne, Gordon,
Bovine and c. Brown.
Mr.. Pickens renewed the motion for the
previous question and advised the friends of
the repeal 10 do immediate execution, lest
some amendment Should be introduced and
prevail, thus saving part of the bill.
PENDING this question, on motion of Mr..
Arnold the House adjourned.
Repeal Of the Bankrupt Lac, &c
Correspondence of the Tribune.
WASHINGTON, Dec. 81, 1912.
10 SENATE, Mr.. Benton presented Pc
,rts e r. "
for repeal OF the Bankrupt Law, and he &C
companied the presentation of it with his u
sual virlent dcnunciations of the law in its
every aspect, and demanded its immediate
and unconditional repeal.
In the House, Mr.. Cowen reported from
the committee on claims resolution for the
meeting of the House on Friday and Satur-
day Of this week at ten o'clock for the con-
sideration of private business. Adopted,
ayes II, noes SO.
The bill for the repeal of the Bankrupt
act was then again taken up. Mr.. Pickens'
pending motion for the previous question
failed Of sacond-ayes sc, nays "a.
Mr.. Barnard then Withdrew his motion to
commit the bill, carrying with it tas a
mendment of Mr.. C lngersoll,) and moved
an amendment 10 the bill to provide for the
repeal oflhe voluntary provisions of the law,
and that The repeal shall not affect applica-
lions made before the 9TH of March next.
Mr.. Hopkins went for the repeal of the
law, as Ubiquitous in lis effects and uncon-
stituiional.
Mr.. Briggs renewed the motion 10 com.
nit the bill to the committee On the Judici.
airy, with instructions to report bill exclu-
ding voluntary applicants, and including
corporations issuing paper money.
Mr.. Cave Johnson moved TO amend Mr..
Briggs's motion by instructing the commit
tee to report bill for the entire repeal of
the law.
Mr.. Charles Brown desired the modifica.
ton of the bill so as include banking corpo.
rations. He thought much of the popular
objections 10 the bill had now passed away
and that its future prospective operations, if
modified as he wished, would be beneficial.
Mr.. Ar mold opposed the repeal and sus-