The New York herald., 1873-12-17

as business man, that the innusnce q the Baas.
rupt law was doing more TO continue the present
condition OF things in the country than all the
stringency in the money market. 1t was
the uncertainty, the doubt, the fear that az an
cue momen, some unyeiaing eS,"r
and that his assets would be absorbed In costs
that was the great evn Believing that no good
he was unqualihedly in favor OF its repeal.
Mr.. HARRIS, tdem.) oil Va, asked why, unless
mittee, the bill was not confined simply TO the re.
peal OF the law2
Mr.. JEwETT said he would himself have preferred
that, but that there were reasons, which he pro-
reported.
Judiciary Committee, argued in iavor Of amending
the existing law rather than repeating 1t,
Mr.. KAssoN, (rep.) OF Iowa, suggested motion
to recOmmit the bil with instructions to report
such amendments to the Bankruptcy law as shall
increase the authority OF the judge in bankruptcy
to suspend proceedings when 1t shall appear that
the debtors assets may within reasonable time be
made sufficient to discharge all his Liabilities, and
to make such other and further orders IN the case
as shall prevent all unnecessary proceedings In
bankruptcy; also to report such amendments as
shall diminish the costs and incidental expenses OF
Like suggestions to recOmmit with instructions,
were made by Mr.. Sener, oil Virginia; Mr. McCrary,
OF Iowa; Mr.. Duel, OF New York, and Mr.. Smith,
Mr.. WARD. (rep.) OF H., another member OF the
Judiciary Committee, spoke in favor OF the repeal
OF the Bankrupt law.
Mr.. EAAEs, repl Of r. l., referring to Mr.. Ed
ridges intiniaton about Mr.. Jenckes, said that 80
M 0% the Is that
he did not think that he had at any time availed
himself OF the voluntary provisions Of the act.
Judiciary Committee, said tnat the real question
before the House was whether there should be q
dietary Committee had agreed that the law had
many defects that needed amendment He entirely
disagreed with the gentleman from New York (Mr.
Trema1n) In the statement that 1t would be
useless Tor the Judiciary Committee to under
take to settle the amendments. SO far as any dis
cussion had been had on the particulars wherein
1t needed amendment, the committee was entirely
agreed. He did not despair at all, If the bill were
recommitted, that the committee would concur IN
amendments that would be satisfactory to the
Mr.. POTTER, (dem.) OF N. y, another member OF
given his assent TO the intermediate sections OF
the bill. He had assented to a bill to repeal the
Bankrupt law saving pending rights and cases;
no more than tnat, although his Impression was
otherwise. He had constitutional doubts OF one
OF them, and he was not entirely satisfied with the
others. He trusted. therefore, that his colleague
INT Tremain) would allow motion to strike out
all put the first section, which repealed the Bank
ruptcy law, and the seventh section, which was
equivalent to the proposition Of the gentleman
from Iowa (Mr. Kass0nl.
Judiciary Committee closed the debate with re-
marks in support Of the bill
previous question on the third reading OF the bilI
The previous question was not seconded, by 70 to
12l. 44 t'3
ali alter the rst section OF the BILL and to insert in
lieu thereof the fOll0wing:-
SECTION 2-That all suits and proceedings now pending
has S the been n BE
s R%
sae ns a @ me
The The II n eh &c s
allowed.
The previous question was seconded on this prop
Osition, 100 TO 25 and the amendment was agreed
TO without division.
The bill as amended was then passed-yeas 900,
nays "A. 1t consists OF two sections, the first re-
pealing the Bankruptcy act OF the % OF March,
1867, and all other acts amendatory thereof, and
the second enacting the proposition above recited,
submitted by Mr.. Beck. of Kentucky.
The vote OF the members OF the Judiciary Com.
mittee on the passage OF the bin was iollows:-
YEAs-Messrs. Tremain Of N y, Cessna repl of Pa,
Ward Of M Eldrdge of Wis, Potter OF n Y and Jewett
NAYs-Messrs Butler of Mass Wilson Of Ind Poland Of
VT, Frye OF Me. and White OF Ala.-5
REPEAL OF THE SALARY BILL.
Mr.. HALE, (rep.) of Me-, from the Select Commit
ton OF which repeals ali the provisions OF the act
OF March 3, 1873, which increases the salary or
compensation OF Senator'S representatives and
Delegates in Congress or OF any Officers en-
ployes of the government, except so far relates
to the Judges of the supreme Colrt and TO the
President OF the United states during his present
term OF office.
The second section provides that hereafter the
COMPENSATION Of Senators, representatives and
per annum, and this shall be In lieu OF all allow.
ances except actual and necessary individual
the national capital once every session, whicn-
shall be paid to every Senator, Representative and
On the O aaV p
compensation OF all officers and employees OF the
government subject to the exceptions named In
section l. shall hereafter be the same as they
were prior to the passage Of the act Of 1874
The third section requires the Secretary Of the
Treasury to cover into the Treasury all sums that
as increased compensation, which shall or may
have come into his possession by the return there
Mr.. HALE stated how the Committee had arrived
at the figures OF $500. The aggregate mileage Of
both houses last Congress was $2s0s24, making
yearly average OF SAFE so for each member To
that was to be added the allowance for stationery,
$I25. That would make the salary and allowances
$5,541 so. The committee had therefore fixed the
total amount at $500.
Mr.. KASsoN, OF Iowa, member OF the commit
tee offered an amendment providing that Sena-
tors, Representatives and Delegates OF the Forty.
third Congress who had received their Compensa-
ton since the 4th OF March. 1873 IN accordance
with the act OF 1873, shall hereafter be paid only
such equal monthly instaments as shall in the ag-
gregate make their compensation for the whole
congress equal to the amoant M nxed m ] TINS law
humbug OF returning back pay, and he thought
there was hardly member who in the bottom Of
Mr.. HuRLBUT trep.) OF H., facetiously offered
an amendment providing Tor three classes OF Con-
w ssoo ana class ~sn with nemoeTs IeSs To-
select Tor themselves at the beginning Of each Con-
gress to which class they shall belong. He believed
tnat the House did not intend to pass any practical
measure and he proposed to help out the House
In that direction.
Mr.. NEAL, (Gem.) Of Ohio, spoke in favor OF the
reduction taking effect from the beginning OF the
present Congress- and declared that in his opinion
the President OF the United States was more re-
sponsible for the increased salary law than any
one else.
Mr. ELpRIDGR, (deml OF Wis, defended his
course in voting for the salary bill OF March, 1873
He had been In the House for ten years, and had
not now as much OF the worlds goods as he had
when first elected, and his own case he presumed
to be that OF all members VINO had honestly at.
tended to their duties. He believed that much Of
the outcry against the salary bill was owing to the
fact that something had to be done by the repubn
can press to divert attention from the great ma
ti0nal reproach OF the Credit Mobilier.
Mr.. HALE. (rep.) OF N. y, replied to some OF the
points made by Mr.. Eldridge, and stated the obJec
tions TO the law OF 1873, on which the popular con-
demnatUn rested. He claimed that those objec-
tions were well founded, and was, therefore, in
favor OF repeal OF that law so far as Senators and
Members CONGRESS were concerned. and a res