The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-01-20
HAMILTON.

Not having in any way committed ourselves
in the expression of an opinion on the merits Of
the Bankrupt law, we have no, hesitated TO ad-
init into our columns the opinions and reflections
OF others, for and against the propnety of its re-
peal.l
Sir have read with surprise the proceedings of
Congress in reference TO the Bankrupt law VIVA,
does it mean Are the men out of their sens s
DO they not know that the repeal Of this law will
produce commotion in the country such as has not
been witnessed this many day Think you, sir,
that the hopeiessiy indebted millions who have recent
ly had their prospects revived by humane and con-
stiutonal act of Congress (whatever may have been
the motive in party sense) will now consent to see
them blasted without visiting their united and ire
sistibe vengeance upon the heads of all those with
out reference to any former political distinctions
who may dare participate in il Repeal then this
Bankrupt law, and political death as certainly
awaits those who engage in it, any other event
not foretold by the prophets" and he who wishes
to live for ever in the hearts of his countrymen mex,
to the immortal Washington, has only 10 nterpose
and arrest the proceeding Sir, look at it but one
year ago, this law in obedience to humanity to the
public voice, and the Constitution, placed upon
the statute book. 1t designed to relieve the "in.
debtcd"-the hopetssiy " indebtedr-from a tyranny
more fatal to their energi than the bghting effect,
Of the very worst despotsm- mol to cancel ga con-
tract" worth anything to the creditors. Its salutary
influence had scarcely commenced being felt when
political malice, and political cowardice is made to
usurp the jurisdiction Of reason and humanity and
to threaten its repeal. What fckieness Of IeQsla-
ton What temerity thus to tri6e with the happ-
ness Of millions in the present depressed condition
of the country-a country on the of foreign and
domestic bankrupcy-of stay lars and reputation
These, SIR are the sentiments of one who, hereto
fore, has sang ho'nnna' to Colonel Benon-a Benton
Democrat RADICAL Loco Foco-a man who had
persuaded himself that Democracy was relief from all
unnecessary rcstrants-ay even the restraints i'm
posed by an Infamous and wicked system of credit
hard money man, who believed that Congress in du
ty, bound the Constitution enjoins to pa. an
snVorm ioc Of bankruptcy TO meet the very exigen-
icy IN which we at present find the country
not a hard monty man, TO urge the collec-
ton in metal Of that which was created in paper
worthless papcr-unconstitutional paper-sn in
hatcd ppp,r affecting prices all over the land and
by its o~nsubey insnuatng itself into every trans
action between man and man, whether the subject
Of the subject be farm or a CHICKEN
Public sentiment, sir, is not opposed to tins Bank
rupt law, and propose, at another time, to offer
other suggestions this interesting topic. For the
present cannot but hope that the Pr, silent placed
by Heaven, in his present position, LAS has been,
hsretcfore, well laid by the Democratic party,
though pc haps in quite different from that in
which It is now u,ed) for the wissst purpo,es, will