The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1843-02-16

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Mr. Hsns0a addressed &C Sea-. .
grssi lengsl - atiuase of ne Os,xahn
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70. = mellon "a AZ. Chpairs
Il lie Ilousr. ne following resslv,io,.
reported sssiereay frOm lhe eonni,,,e
On fapign rrlasions > Mr. Adshs, w.,,
sdoP.ed BY vote Of ms 70 co:
Resolssd. 1hai he Prssidsnt or A.
Uni:ed Stairs be requested 10 inform M.
house hy what authority and Under uho,s
Instructions Captain Thomas An c.,e,hv
gones. commsDder Of The squadron 81 ~
United States IN De P1eihc ocean. IA
on q about the lelh Of Oelaher last. =.
vade IN wariike array The territories ofns
Mexiesn Republic. take pns-essiOn n ~
town u Monltny, and declare himself
remmaTseF of The naval snd military -.
j petition fDE che occupation Of he caliIO.-
nias.s
Re.oIsed, That he rresiaen, Of a. 3
United Slales be requested 10 rnmmuni.
cafe 10 this house copies Of Ell the n.
siroetiens given BY him. or under his al.
!. tboriy. % de said Captain Jones, lrOa
ihe lime Of his appointment 70 The com.
mand ef me said squadron; also. comics
lof al communications received frum him
rrlaiing q bis expedition for The oreupa-
lion cf ne californias; and also 10 Inform
this house whether orders have been de-
spalchsd 10 NE said captain Jones re-
calling him from his command.
Afler The expiration Of the morning
hour. The house again. as The order q he
day. entered upon he consideration cf
territorial busiAess.
sPficaf. F,brusy3.
/ In the Senate. Mr.. Bcrrien. from The
committee on The Judiciary, 10 whom was
referred senate bill for the repeal Of The
bankmptlaw. ard house bill for The re.
peal Of The said law, together with sun
dry petitions asking the Rpcal Il The law,
and demonstrating against lis repeal. re-
ported: That The committee recommend
Inc indefinite posipohenen, of the senate
bill. and report The house bill with sun
dry amendments, accompanied BY re-
port; which was ordered 10 be printed.
Mr.. Tallmailge said the subject was
important, and one in which deep into
rest was lei, throughout the community;
and he therefore moved that 1900 extra
copies be.prin,ed.
Mr. Woodbury. asked. il the bill was
no, long, That The amendments might be
read
Mr.. Rcrrien said The bill was very long.
He stated, however. generally the views
Of The committee. The report proposed
TO strike out the title Of the house bill,
and 10 insert IAN act 10 amend the act
entitled an &C, 10 establish uniform sys-
TEN of bankruptcy throughout the United
States" passed the 10Th August, 1871.
/ The voluntary clause is repealed-a
! majority of creditors is rendered necessa-
ry to dischargc-corpora ms mol in-
cluiletl.
The question was taken On printing
l,5oo additional copies. and decided in
the aiIirmaiiye-yeas 10, nays Ia.
! The following was made out BY the
Intelligencer, after hasiy glance a, the
report, as some Of the grounds on which
the committee thought the act should Tot
be repealed:
| That over-irading would be prevented,
as well as undue credit checked, BY arm
ing The creditor with the power Of forcing
failing debtor TO go into liquidation be.
fore wasting his assets. Again, that the
beneti, Of The law had been exlendedlo
portion Of our citizens, and a repsal
would be denial cr justice 10 otl'srs
whose claims were no less strong, and
who might have been restrained By mo-
lives that should command our respect.
! That hy The decision Of The question
in one of the courts OF state, be citizens
had been deprived Of The privileges ofihe
law, while all the rest had enjoyed them.
That The bankrupt law IS the exercise
Of a bonefcent power, and one which the
experienced all commercial coun,riesla las
found necessary; The power toenactwhieh
Is vested By The Constitution III Congress,
and cannot be exercised by the States.
That il will prevent slay-laws, r;lnng