Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1880-04-21

"WEDNESDAY. APRIL n. 1880
CouKLEuo's DAUKBUPT BILL
A carsfslly framed bankrupt Law, uni
form IN il operation in all parts Of the
Union, would undoubtedly prove . ma
tioual blessing. The i~nsolvent laws Of
the States respectively constitute . jum-
bic not At all edifying to lawyers and be-
vildsring to laymen- If any regulation
ussds 10 be national, certainly n for the
relief Of the insolvent debtors and their
creditors should contribute to that need.
There was . time when opposition to .
national bankrupt law rested on false and
faiIscious views. It il believed that there
i no formidable opposition Of that kind
II this time. The hindrance relates to
the details of such . Law. Were it pos
sible 10 get . large enough number Of men
to work together-men who should be
able to divest their minds of debtor and
creditor prejudices-perhaps such . Law
could be framed whose justice none could
deny. But a Congresses viii never
contain . majority Of such men.
The bill lately introduced in the SEN
ste by Mr.. Conkling was. it is said, pre-
pared by Judge Lowell, Of Massachusetts,.
The object Of the Trainer in drawing the
bill = declared 10 have been the avoid-
sncs Of what was complex and cumbrous
il the old Law. and the incorporation OF
features found desirable in practice under
that law. Probably no bankrupt law will
soon be framed that shall not be open to
o Or more objections, such As, for in
stance. the delays apparently inseparabie
from proceedings in Chancery, and the
great waste Of assets in costs and fees.
Judge Lowell attempts to escape the
last-named objection by abolishing the
Zee bill. He provides for the compensa-
ton Of Registers in Bankruptcy by an
nual salaries Of 5000 each; but he
leaves the clerks to get their compensa-
ton in fees. This is probably = mistake.
II ID - practicable to salary clerks in
Courts Of Bankruptcy - it is Registers
And it does not mend the matter when
provision Is made for regulating the fees
Of clerks "by law At reasonable rates.
The entire system Of compensation by
fees i radically detective. The direction
of all reformatory effort Of late years has
been against fee bills. and the effect has
generally been good.
The bill provides for . new office, .
Supervisor Of Bankruptcy, which may
be : necessary feature. But it is to be
regretted that any augmentation of the
number Of officials is proposed. The
District judges might supervise the work,
each in his district. Or, if that would
be to lay too great . burden upon the
Judges At present employed, the number
might be increased. A Supervisor Of
Bankruptcy ought to be not only learned
in the law, but : life officer, always se-
cure Of his position during good behavior.
There il . serious objection to any 0
court officials whose holding il precari-
ous. The provisions Of the Act, a. re-
spects assignees, advisory committees Of
creditors, and discharges, seem to be well
and the penal clause relating
TO fictitious claims, corrupt ~forbearancs
and composition by attorneys, agents and
il - commendable a. it il unam-
biguous. II is framed ~ . deterrent Of
fraud, which frequently Turks in the near
neighborhood Of most proceedings in
bankruptcy.
DIDCHARGE or MINT EMPLOYES.
Considerable excitsment Wa caused in
Carson last Friday by the discharge Of
seventeen employees OF the Mint. They
had been suspended al winter without pay.
and at the advice Of Senator Jones and ex-
Congressman WOODBURY. sent . petition to
Warrington, to the effect that a. the clerks
had received full pay for doing next TO
nothing, they asked for the same. The
petition ~ indorsed by Governor Kim
ksad. All the signsrs were dischared.-
Virginia Chronicles.
Moro excitement will Be caused in
Carson when the people Of that place
learn that the Mint i to be taken up
bodily and carted ovsr to the Mississippi
Valley. The dispatches Of this date aay
. movement Of this kind il on foot before
the House Mining Committee. A bril-
liant idea to remove . Mint from the
greatest bullion producing section in the
world.
II i TIE opinion Of the Washington
correspondent Of the Cincinnati Gazette
that unless Blaine's strength in the Con-
vsrtion Shall be sufficient to nominate
him without aid from Grant Or Sherman,
he viii not BE- nominated 1t all. He will
fall much further short Of il than he did
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