The Portsmouth inquirer. [volume] (Portsmouth, O. [Ohio]) 1849-1855, 1854-12-22
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fleadrlng product lotS our soil, and the con
sequcnt depreciation of property generally,
should admonish the Creditor to odcafmild,
IlY and leniently with his debtor. There
is many a man among us, with thousands
iof means in his hands, who is, notwith-
standing, wholly unable to raise money to
meethis debts. What is the obvious duty
Of Creditor in such a~case D. His debt
is perfectly secure-but the moneyis moi
to be had. Shall he pounce upon his vic
tim, like Che Eagle upon his prey saddle
him him with costs bring ruin and distress
upon his faInily-7give license totbe min
listers of the law to2inYade the sanctuary
1 of domestic peace and happiness, and by
the sacrifice of the little elegahcies and
comforts Of life, which of themselves are
worth but little,. but from the force of as
sociation, are highly priced by their own
ers, convert the house Of JOY and pleasant
ness, to- house Of grief and .sorrow-
blast his credit, when. most he needs it,
and thereh&splace him beyond even the
hope Of doing what he most desiyes-pay-
ing his honest debts =? We repeat again,
shall the creditor do this? which clearly
he has a right TO, do; or would it, not be
better for him 10 extend to the honest but
unfortunate Debtor, the hand of Kindness.
A little indulgence is sometimes of great
benefit to man in straitened. ciitumstan-
ces. In nine cases out Of ten, The creditor
can grant this, without any inconvenience
to himself Let then, spirit Of forbear-
ance--a spirit of "doing as they would
be doneiby "--govem the conduct of the
Creditor in his dealings with the Debtor,
and by so doing, avast amount of misery
aud suffering will be averted from the com
munity and many face now encircled
with the workings Of care and anxiety,
will be frightened with pleasing hopes and
anticipations of the future. And to anyI
except it be a very Shylock, thirsting for
his pound Of flesh, this will be- infinitely
more gratifying than the satisfaction of
debt by the sacrifice of ten times its
amount in property. These were our re-
Elections upon reading the following sensi-
BILE article on this subject, in the Railroad
Record: 3.L. .a
"In time like the present. it is not the
want of money, but the abundance of debt, |
which makes the difficulty; and the solu-
ton of the difficulty consists simply in the
settlement Of these debts, either by pay
ment, or bankruptcy. Either course re-
qures time, and the creditors, POSSIBLY |
themselves debtors ALSO are impatient
and unwilling to wait, because they them
selves are pressed. The consequence is,
that A presses B, B presses G, G presses
D, and D in turn presses A; if A deter.
s'rce ID by law 20 pay, attach his |
by Judgment, and harrass him by
executions, the result is, that B does the
same, and the whole series of individuals
are pursuing one another with Sheiiff's
writs and thus property is reduced in
value, individual estates sacrificed, and the
whole business of society thrown into in
extricable confusion. The history of some
of the Judgments in our Courts of Law
would be found TO run through twenty
years, involving remote parties, who had
no interest in them sacrificing property,
at rates, alike ruinouS to creditor and debt
or and doing nothing but evil contin-
ally. Now what we would say is this
avoid the law while you possibly can. II
Left to their calm judgment, nine business
men out of ten win say the same thing.
No man in the world can settle up a com
mercial concern, or an estate, or a Bank.
rs well as the proprietor, if he be an hon
est man. Ahl say you,-suppose he is
not honest? Well, if he is not an honest
nan, your chance at law is worse yet
The law is the very place for rogue to
INVOLVE you in swamps and morasses from
which you will never get out. Suppyse a
ogue, instead Of being fool enough to run
way, stands his ground what is to pre-
'ent his putting his property out of the
way? Nothing. Under our laws, cred
Tor can attach property only when YOU
an swear fraud, or something to that
fleet, againsta debtor. But how can YOU i
wear fraud agaist common debtor ? t
,ou cannot on any ordinary evidence, I
'ithout perjury. The rogue knows his !
wn plans, and pursues them without CIV
lg notice, till he has converted personal I
roperty into modey, and put his real es- 1
lte in the hands Of a friendly creditor @
he result is you pursue such property
'rever, and have the costs and fees Of
ears to pay, without a cent in return.--
'ut in nearly all cases, the debtor is NOR .
lily upright. He has only been foolish or "
npr.ident; and the creditor pursues him,
he says, to get security, or to force pay Il
lent. Now, what does he get? Ii he Z
a legal hunt, he must share =
ith all others, and bring in all creditors, !,
I'D by tearing the debtor to pieces, they v
estroy the very property, credit, and en- P
-gy, which carefully minded, would have p
MD all their debts. By selling property
nder execution, they destroy its value;
I'd finally turn the debtor on the world, "
ith the conviction that they have cancel G
d his obligations, by the cruelty Of their HI