Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1843-03-30

49, II - may mol besAi;os4thar #
un- cal fscEs .aNIse your aitent6a 10 Il fsss;st
q sra. - retefenee u de aaoD,;an a'5S
see BANKRUPT Sysrr. H.
ON nnnan,, Pank eruPI7 L.aw pf 1871. from Y.
re- has been eagerly = ~ enei
e. ne An 4. assault upon lie Whig nsrsJ Il
lly g. saai' !, unpersake 70 show. very snsc;al
hsse n ~ coneiaslveiy. that il i not Il. /,
DC mar Wig measnre.n n IS ~.
ut Of co,is5p " os NE members OF both bfbncA
II Wh;o,s. G ~. ~ 1hch that law was enaelE5 N,
HI. MI, out rs likewise hue that 81 s4
!, ~ pig mem bers wese hostile a y WHEY
L esf he're pasSed efhar Ho,,x, b4 .''as N coAi
lote, 70 polnief tatt moi Wing meas9I4aRlu g4
III would mol have heeD adopted. had The mel,bs,
I. o. that PARTY alone sustained il. Itwas 5asss
= " pemecfaic as RellaS py Wing votes Il wa
Il 9P Fi's ny WIS as well IS By DomotrafE
y ihan-of hs osher vota for IN 4 in,,s u
!, yoivest them ID larger share an HE ti,E
I, sponsblily. s''ssqs II
bu. y DESERVES % be remarked, that NH Vi,
buren nav been tnaiformiythe advocate ofa R.nlF
rupt Law; and, 50 far baekIa s 1895. WIKI III
vas a.SenaiorfroHi New York, he not enid NIT
yea. 1917, %, lelivereda speech in favor IL b.E
MI ste estabfsha uniform system Of bank.
.pP,cs," lhenbefe that body--a bill which Va.
~ almost every important particular omen n tb{
Esame objections Thai are nov urped ao,in9,s,hf
bankrupt Law Of lS4l BY Mr.-Van Du&en,.
iHends, 4 not b. himsefl Indeed. dufns III
; last presidential canvass both Mr. Van ghren
n ana col. johnson, the candidates Of The ohnal
II hsnts Tor The hrsisand second Offices Of thef
ton, we're -avowedty advocates ar a banklnn
system, upon their ofien'exrtessed and unrechnt.
ed oPlnlons IN It's favor -7opinions unrecab.ed
even npw-and if thfY Or Tie less eminent mps,-
oers q Their party, diaeFed from the Whis sdvo-I
ya.es Of that law al all, thai difference mainlR fH
not altogether grew ont af the adverse. view4 Is
to the expediency VI placing State RAMS TIL
other corporations At ihemercy Or he Fedqrsl
Rights II 4
So late, indeed as lhe winter Of fs37 tbs /,
pedlency OF establishing Bankrupt system M |
referfed 10 the Judiciary Committee Of tba m III n
senate, which Committee consisted og th5es |
wings and ttco Democrats. That Committee yeas /
unanimously n favor of thepalcy Of 4 BaSlrdpti
Law but, differing in referepee 10 the 1rinei II
PCS wnieh ousnt. % be emboied in ii, each lof |
zoe parties fe?oried a.bil And il is wdzthraos
special observation, that lhe hili reportedlv /
Wing malotity o(ths Cpmmitiee, did Dol e91tsriI
many o. lhe Ptosi4phs Dc The existing IaAr
winch are nov most strongly objected t. andfIsl
nounced Whilst The bill REPORTED by Mr. SWaRt3A
as me otgan Of. the Democratic minorifs,l ,xii
contain these very provisions And uh syp,1t
perhaps seem still remarkable, Mr.. Bentob II
Rno has taken The lead in opposition to lbe law3
q. ls4l was then The champion ofMr. waikiki
Bling fsw,l Hh,eeR NJ & dAaaRs
clamorousIy denonncs, does not contain a single.l
important principle thai wasIne, embodied in M:s
Walls bill, which they 50 strenuousy advocatyl.
"a Ths nnlv essen,ia} difference. Between ihelntf
i The absence in tie formerof proRision MAX III
lie ii applicable 10 Safe scorporalions, whsbI II
was enbodiedfn The latlef-a provision whiEhl
We regard as Unconstitutional in itself and uttSr5
.(v destructive OF HE kIighis of hhe Staies-sas
Marin Van Buren, himself {tlYoueh he has lie II
cenliy cbanoed thaf cplniorIa declared il e b9an
1896 and As Jnhn 6. calhoun Sroclains ii toabe
nov! Af HI
After This beiaf giance at TIE allituaa oEpafAes
On This enestion, al three se8efal peridasswiaul
the last seventeen YEATS, Hp luppIeJad6ed mgd
w;l hesitate ID Justify he ddcaraNog thai hef
Rankrupl Law wasLeyer rf5Sa1aea sf lfeatgda csl
norf,, antsticg al ain unM IT, ExIa Session#of
| 1871 and that i,Mazlheu.}as Tar al practicable.
lfmade party auestien fiji fa%yious purposes I'LL
| i a opsstion with wlfeg tbeeWhigs, a. a paAyB
have never Identified 4heukeives and to wh4hs
on the o,her hand, tigsir dpponenss have, rfiN
4 la4.. gisen As eeaefslF aatl Us cofdlat supdofE
I az themselves ils sl6se qdenl fepeal too LIN
4 votesof ABOUT two II enc, in the House Of III Ri
Erssen4atives' Ia yhYch there is faIge Wing Hna-
4 ;a,ty wduld demonstrate Ahe injustice Of the all
Ienotio identify ii al "a Whg measure" eli Ell
Il Il the intelligence ol the cbunry did tat drce
lenable ii to HeieC ihe faIsty Of the allegateh
A Circumstances require Us, fellow ciIIzens,
briefly, but emphaslcaly, 10 say thai we arcsup-
posed 10 the
4 ABSORPTION OF STATE DFBrs,
r. vbatev4r forrnsahat prono,itien NAV Nave
been heretofore. or NAV hereafter be sug9esled
Ia The contraction oil debts each State acls for
itself, andfs alone responsible for its acts 8rhs
n general government does not stand, towardsH the
II S,a,es IN HE relation eher Of Guardian ofH en-
Io,ss,. bnd is .ot stherefhre nader anT obIira.
~. i '.,,-;ta tba;, ,at;sf MI @
70" = 49,. = -. N. 49,, =. LII
go farmer ana ~ .AaN f'nas ~ P'sn' - IN III
with Or without me assem-" 81 any one Or aM q
the States, without previous Amendment ol my
: Federal Constitution, And even u The fighi
-cle.Tlv existed. The highest expediency vauia
forbid ils exercise, Tins lsubiecl. however, ID.
49, o,6re nam The naaniluds IL
t, ii n;ts 5scis;af IA arop,
us pflnclpies U
aEY Poss,oilisy q W au9PslVn- 1ap 'a'sN ea
1he citizens OF some q tnf INDEBTED o1aies Pnss
Ebe with The deiusiys schsme, as presenting ing
D means of relief frora The oppressive hutlnen q
I'll debt. Misunderstanding To The still more Oppresf
aiyp bnfihen of4ax a5onj FIR lis liquidation, 0p6
E Iaa III, III nro3dSe Al nresent aid 10 ts NJ
q q !, ,ot, M lbe rs rtBsgn
luie Sulss4 -
? tatlon OIL Inc qussHon, tneSs ntsn u'e'I ~ n.
Gates; but as me subject snail g U