The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-02-06

several times by the almost unanimous de-
mand of the people for the passage of such
II law. We need only refer to two occa-
sions one Immediately after tho panic of
1887, and the passage of which was made
N issue in tho celebrated log cabin and
hard cider campaign Of 1910 and then
soon after the close of the rebellion, which
resulted In tho present law, approved
March 2l, 1867, and has now been in force
being amended year after car-ncarly
seven years, longer period than any of
| the former laws. The counlry--that is the
business interests of the CONTINGENCIES
for its full development and as an aid TO
general wealth and prosperity, an uniform
'ystem of bankruptcy or such n system
has aud will prove n dcirment thereto
Which has il proved If VIC may take
Great britain aud other foreign countries,
which have long had such laws in force,
or Massachusetts, even, the answer must
be that il is beneficial. In reference to the
working Of our national system, it may be
blilNl NlHtt 'AilNl A'lNlt biN etNNldl iiusOliH
why it should I've so. notwithstanding the
apparent failure of the law of 1867, rs well
IS of the former law, wc doubt not that
tho intelligent business men, who carry on
tho great industries and general business
Of the country, feel the necessity of some
such system, although they have been COM
PEELED, in very sclf-dcfcncc, to petition and
work for thc repeal Of such laws as have
been passed
There arc several reasons for this and 1t
IS in the power Of Congress to remedy most
f not all Of thcm--but we shall touch upon
only two or three of these reasons. In the
irst place the action Of Congress has been
too spasmodiC on the matter. No law has
heen suffered to remain on the statute book
long enough for the people to become Use
to it, and govern themselves by il. One
reason for this is, to he sure, that the most
IF these laws have been crude and im-
perfect hastily passed and rs hastily re-
pealel. Let law be drawn with all the
care and guards which distinguish other
laws, and, Afterwards, perfected in places
where experience shows that it needs it.
.....,. y,
country would shape itself 10, and be ben
Gifted by Il Another trouble has been
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