Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1843-01-26

substitute To The Exchrquer bill reporie0
al the last session by MIR. Gushing.
This scheme proposes that one hun
dred millions of Government stock shall
be issued, to be distributed among the
States and Territories, according to their
respective populations, and OF denom'na
tions OF from 5 to $61O, the Government
10 issue and reissue, for its own purpo
ses, ten millions of Treasury notes and
also, The adoption Of the plan for a Fiscal
Agent, as heretofore recommended ny
Mr.. Everett to The consideration OF the
| House.
The bill was ordered to be printed.
The repeal Of the bankrupt law was
then taken up, and after some discussion
the following was adopted by vote ol
ayes l40, noes II. ,
Be IL enacted, &c, That so much OF
tn. act entitled, "An Act to establish II
uniGnrm system, Of bankruptcy through
out The United States" approved on the
18th day of August, 1871, us authorizes
any person owing debts to apply, by pc
iition, for the henrft Of said uct, togeih-
er with all the pars Of such aci which
are npplicable solely 10 the n'ade Of OBJ
tanning the benefit Of the provisions oi
such ac, in behalf Of debtors, by tho vols
un;ary petition of such debtors, without
the concurrence or aid Of the creditors,
be, and the same il hereby, repealed.
Prorided, That this act shall not affect
any case or proceeding in bankruptcy
already commenced, or which shall he
conne need before the 4lh day ol March
next, or any pains, penalties, or i"rle't-
urcs prescribed in and incurred, or which
shall be incurred, under said act.
So The bill 10 repeal The bankrupt Mw
WAS Passed.
The Speaker then laid before the
House five or six Executive comInunica.
tons, in reply to resolutions heretofore
adopted
And, on motion of Mr.. Gushing the
House adjourned.
In SrsATE, Wednesday, Jan. 1S, the bill
for the reception and settlement Of Oregon
was discussed until the adjournment
10 the House., Resolutions were offered to
inquire into the circumstances Of the capture
of Monterey, by Com. Jones-Asking iniornia
tim iu regard To the naval depot at Port Ma.
hon. The House in coiamittee discussed the
army bill.
IL SErATE, Jan. 10, tho eychcqncr bill came
up in order, but on mntinn of MIR. Tallnadg',
its further consideration was postponed till
next "Wednesday.
The bill regulating the enlistment of Pri-
Yates in the army aud navy, came up. The
bill after some discussion, was ordered to be-
ensrossea
In the lIousE, A bill was reported from the
Committee on Military Affairs, making ap.
propriation for the repairs of certain fortiica
iiuns. Ii was twice read, and c"mnittrd.
Mr.. Gushing from the Committee on Forci ign
Affairs, To whom had been referred that por-
ton at the Presidents Message rsiativ" to III.
Ashburton Treaty, reported bill mpking ap-
preparations for carry ing into effect said treaty
In SrSATE, Jan. 20, the bill for the repeal
Dfthe Bankrupt Law was read twice, and re-.
frrrcd to the Judiciary Committee. The Sen
ate adjourned TO Monday.
Ia the iIousr, Mr.. McKeon inaupad nf the
of the Committee on Qamlpercc
when they might expect rrpor! an the ware.
housing system.
Mr.. Kennedy, Of Maryland, replied tha, the
committees were nav engaged in preparing
heir report. aud it might be expected shortly
Very Iiule business of importance was done.
The House adjourned e. ,,...
In the lIoUsr, 2lst, nothing important done
when the House adjourned To Monday.