The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1881-10-26

question Of adopting a bankrupt law
in lieu ofthe one that expired a year
ago. There are sufficient reasons
why there should always be a bank.
rupt court open, and especial reasons
why one should be provided now.
The principal reason why the other
law was allowed to die was that dis.
honest debtors took advantage of its
provisions TO rid themselves Of debts
which they could have paid; bu, it is
conceded that the great mass OF this
sort OF people have secured its bene
hts. There are now a large number
Of honest people who had hopes of be.
ing able TO pay up and therefore did
not avail Themselves Of the statute,
who have found later that their hopes
were ill.founded, and now they are
so environed by Indebtedness which
they cannot hope to pay as to pre-
clude the possibility Of carrying on
business at all. They are, therefore,
driven out Of business and must SO
continue until a bankrupt law is en-.
acted for their benefit. In Justice to
this very large body of good citizens
a bankrupt law ought to be passed
ut once.
We take the above from the Hunt
ington Adrertiser. The editor puts
his case very nicely. We beg to diff.
fer with him. There is no necessity
for a bankrupt law in this country.
We had one few years ago. The
people whom il was intended to ben
eft did not avail themselves Of its
benefits only in very few cases, but
rascals everywhere throughout the
United States took advantage of the
law to defraud their creditors. They
generally prepared themselves for
the occasion by making fraudulent
conveyances Of their property, con.
verting their personal effects into
money, borrowing wherever they
could, and then when all things were
ready would go into u bankrupt
court and ask to be discharged from
the payment Of their debts. When
they had gone through the whole
course of proceedings and were final.
ly discharged from all liabilities,
they would emerge again into the
community "full handed" and cut
quite dash, while their neighbors
were crushed and impoverished by
their rascalities. Honest men don't
need bankrupt law; rascals do.
The following we find in an ex.
change: "The Republican partysince
it came into power years ago has not
shown by a single act that magma
nimity, that honorable fair.minded-
ness which should characterize the
victors, or which they are continual,
ly demanding Of Democracy. The
Republican party says to Democracy,
Nov, see here; you just be goody
good boy and let us have all the op.
portunities and all the spoils and
some day you will go up to heaven
and be an angel" And to the utter
disgust of many of the party the
goody,good policy has been pursued
for years, and Democracy is not only
no nearer an angel but is an infinite
deal further from the good things Of
this political life. "By the eternal"
if Democracy had a few determined,
aggressive leaders like Old Hickory
Jackson, to infuse life and vigor and
enthusiasm into the somnolent body
of Democracy, something might be
hoped. But while the shrinking,
cringing policy is kept up Democ.
racy does not have the ghost of a
shade or a shadow of a show. Lead
ers are wanted who will improve ey.
cry opportunity, make opportunities
and who, when chance is given,
will have the nerve to give their op.
ponents kick below the belt"
A Washington correspondent of the
Cincinnati Enquirer, says that Sena.
tors Fair, of Nevada, Davis and Cam
den, of West Virginia, are said to be
the three wealthiest men in the
Senate.
Had Senator Bayard voted against
his own displacement, Edmund's plot
would have miscarried. The New
York Star admits that Senator Bay.
ard was chlyalric, but says it was not
politics.
The Conylcts in tho Ohio MAINTAIN