Louisville messenger. (Louisville, Miss.) 1842-1843, 1843-03-18
From the Columbus, (AIiss.) Democrat.
THE b ANKRUPT ACT RE-
PEALED.

The whig majority in Congress have
been COMPEL, d by the force ofpublic
sentiment to undo much Of the bad
work ofthcir lamou. extra Session of
1871. The bankrupt law, one of
their favorite measures has gone by
the board, the act repeating it passed
by the House, some weeks ago, hav-
ing on the 25 h ult. passed the Senate
bya vote of 30 to l3. The s'Globe~
thus speaks ofthe result:
"CcNeREss.-ln the Senate, to day, the
Bankrupt Bill of the famous extra Session
received its quietus. |. was repealed BY
vote Of 80 10 Is. The vote would have
stood "a to 49, had not the proviso conln-
uing its operation inregard 10 proceedings
commenced, been considered by Messrs.
BENTON, and SMITH Of Connecticut, I'M
OBSERVATION-DISCLOSURES as an act which
they haYe always held 10 be a violation Of
the Constitution, is thus made eflicacious
after lis repeal. These Genilemen hole
the law TO have been null and void from
The beginning; and could not, therefore
consistently vote for he repeating act con-
tanning ProvisO giving j, vitality which
they denied the power OF Congress TO inn
part in any way.
'sMr. Clay's hot bed legislation has now
been almost entirely done away with, By
those parlzans ofhis, who were so eager,
and ardent in calculating it, under his
lead. Nothing, we will believe, is left.
of any importance, except the ultra TAR>
IFF bli-which would be repealed, if those
who passed it were not deferred by very
shame. tbs monstrous that Whiggery,
ike Saturn, should swallow up all its OF.
springs. BY the time another election 10
held, II will be found to have done worse
than destroyed its whole progeny. will
be seen that il has destroyed itself.
"The reirenchment bill was reported to
The Senate by Mr.. Morehead chairman OF
he Committee on Retrenchment. The rs-
iuclion IN the pay and mileage of members
'dopted by the Senate committee, is I24
'er cent. The same rate Of reduction is,
We understand, applied to the salaries Of
u officers Of the army and navy, and civ.
departments above $1,000.
The vote in the Senate, on the re-
eal of the Bankrupt law, stood as
blows:
YEAs-Messrs. Allen, Archer, Bagby, Bay
I'd, Buchanan, Calhoun, Crafts, Cr,ttenden,
1hbert, Dayton, Fulton, Graham, Huntington,
Linn. ACI)ufia
Ierrick, Morehead, Phelps, R,yes, Sewer,
prague Sturgeon, Tappan, Walker, Wilcox,
'iliams, Woodbury., Wright, and Young-3,.
NAfS-Messrs. Barrow, Bates, Berien,
hoaie, Clayton, Evans, Kerr. Miller, Porter,
NTH Of Indiana, Tallmadge, White, and Wood
idge-l3.
Where was our Senator, Mr.. Hen
erSpn?
The following IS the act repeating
&c bankruptlaw-It passed the House
the 18th Of January hst, by vote
lao to II. 1t has no doubt receiv-
the Presidents sanction, and is
wv law of the land.
Be ii enacted By the Senate and House
Representatives Of the United States Of
aerica in Congress assembled, That The
/ entitled "An act to establish uniform
stem ofbankrup'cy throughout the Uni
States," approved 10Th August, lS4l,.
, and the same is hereby repealed: PRo-
oED, That this act shall not effect any
Sc or proceeding in bankruptcy eommen-
before the passage of this act or any
ms penalties, or forfeitures incurred,
der the said act; but every such pros
ding may be continued to its final ,
in like manner Us ifsh'S
Rad not been passed,