Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1886-03-04
THE NATI)NAL CAPITAL.
THE BANKRUPTCY BILL.

sharsc. IN Commiucc--A Political Debate oNet
small Maucr- >chcsne for pistibut,ng 'he
>u,pioS.
prom our Regular Correspondeutl
WASHINGTON, d. c., March o.
Mir. Collins, OF Massachusetts, thinks
the Judiciary Committee will authorize
him TO report the national bankruptcy
hill. butthe committee has made changes
m the bill that are very unsatisfactory
10 the friends of the bill. They hope
10 have the kinks IN the bill Stralghten-
ed out in conference committee. The
Senate has so far done nothing with the
bill. The House com Hlttee has stricken
out the provision permitting the COM
mIttee Of creditors 10 confer with the
assignee and the clause making
failure 10 take up commercial paper for
thirty days after It Is due an act Of in-
voluntary bankruptcy. They have also
stricken out the words. Provided
that any person in>tituting proceedings
undcr Tins act mAliciously or without
probable cause shall be liable in dam
ages 90 the party against whom the
same was instituted and have insert
eli an amendment requiring that the
creditor upon whose application the
debtor is arrested and detained shall
lie required to give bond to pay all
damages that the debtor may sustain
By his wrongful arrest. These are the
only changes that have been made in
the bill. and Judge Lowell, its author,
regards them a. very damaging to It's
value.
The official debate in the House has
now covered four days upon a bill
which nobody opposes and which ought
TO have been passed within one hour.
The opportunity was taken by Hender-
son. of Iowa, to make little cheap pO-
liicsl capital for himself by attacking
the southern men and waving the bloody
shirt. This speech provoked excellent
speeches from Norwood Of Georgia,
Na,son Of Indiana, and Wilson of West
Virginia. Bu,tcrwoIth of Ohio aud
Brown Of Indiana have been the
most conspicuous speakers on the
Republican side. and Butterworth
worked the Republicans up to n high
state Of enthusiasm. although he did
not present a single idea that was not
hoary with age aud familiar TO every
man who has beard 4 Republican
Stump.Speech within the last twenty
wears. Mr. Norwood CleyeTly turned
Henderson into an object Of ridicule by
sarcastic review Of his speech. Nearly
every Republican member came over
and stood IN the aisle throughout the
delivery Of the speech. Scarcely SEN
tence was uttered by Norwood that was
not received with laughter and applause.
Representative Bennett, Of North Ca.
rolina, offers very expeditions method
Tor dispOsing Of the surplus IN the Urea
Surv. 4 bill introduced by him pro-
pose, to deposit the surplus in the Trea-
Surics Of the states, make the distrlbu-
ton among the States in proportion to
their representation in Congress, and
provides that if any State should re-
fuse 90 accept It's share the amount
shall be divided among the other
state. The authorized authorities
of the States are required to give GER
uhcates OF deposit aud pledge the faith
Of their States for the safe keeping and
return Of the deposits when called for
by the United States; but not more
.han sl0, 600 is to be called for from
any one State in one month without
previous notice Of thirty days for every
additional $4,000 that may be re-
1uired. Mr.. Bennett wants the dis
trbuiion OF the surplus to begin July
!. loSG-one quarter to be distributed
then. one quarter October |, 1856, one
quarter January /, 1887, and one quar-
ter April ], 1857.
In explanation Of his ebullition in
the Senate to-day Mr.. RiddlebergeT
saws a scurrilous article about him was
pubh,he last Sunday in a newspaper
in this city, and his remarks to-day ap-
piled only to the editor Of that paper,
whom he saw on the floor of the Sem
ate.
Captain James II. McGll, of Pu-
laski: Captain y. p. Oglesby, Of
Wythe. and General W. II. Payne, OF
Fauqlier, were at the Capitol to-day.
Commissions as postmasters have
been sent to Palmer Alderman, Haw-
ley's Store, and Lazarus 7. Simpson
Turnersburg, y. {.