New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-23
DEBATE oy THE BANKRUPTCY BILL
A REPRESENTATIVE WHO THINKS FARMERS AND
OTHER PERSONS NOT LAWYERS NIGHT
BE REFEREES.

BE REFEREES.
Washington July oo.-After the &" Original Package
bill had been disposed Of the House took up the con
sderation of the BANKRUPTCY bill. T. b. Taylor OF
Ohio chairman OF the judiciary Committee, opened
the debate with a speech in favor Of the BILL Ihat
general bankruptcy bill which would operate With
cclertS and cheapness would be for the general good
could not be denied. He opposed the voluntary
bankruptcy bill, framed by the minority as favorable
TO the creditor only. Mr. Wallace, of NewYorR, OK
pressed his hearty approval of the law III was iaco
in the interest of business integrity and commercial
fair dealing
Mr. Culberson. Of Texas, opposed the bill. in ltS
general features and scope the bill was not materially
different from the Lowell bill Of former Congress ana
from the act CT 1867 against which public sentiment
became so strong that the Senate in 1878 hnalN ac-
ceded to the third request OF the House that IL shou
be repealed II would be an nexensable folly under
any circumstances to reenact bankrupt scheme "mcn
in the past had proved to be failure IN every respect
except as an instrument Of oppression and tyranny, ana
fruitful breeder Of crime. Never in ms experience
in Congress had he bill more indusriouSy more
intclccntlv and more indclntigably lobbied' than
This bill had been Referring to the convention hcd
in Minnesota in favor Of the measure ne sara u'''
tho bill had been prepared by inc A''"r'
oey for the Associated Grocers OF GU LOUIS
He could not understand why there shohiu DE SUI"
anxiety on the part of the money and manufacturing
t tho shadow of the legislation of this Congress had
hocn cost over t\em. With the Mckinley bill ao-
sorbinC the earnings OF the people IN ordeP 10 e'
the manufacturers; with the silver bill, whch Iouso'
in the Secretary OF the Treasury always dona'ou ~
Wall street, the power to dcmonetze silver altT o'o
wear with an Election bill which struck down AZ one
foil blow the unsurpassed prosperity Of the sou'l'
which had arisen from the ashes Of great war; II
MIGHT he that the convention conceived it necessary
N nrovide wrccling train to pick up the oeDfIs Vi
fortunes which would be scattered all over tho oou'
try when these laws were enforced tAppia''c -"
the Democratic side) In less tian t"eNe noN'''s
nubc sentiment would demand that the bill DC swept
from the statute books
Mr. Wheeler of Alabama, said that the speaker OF
Tho Uouse had ordered the bill 10 be passed paushter)
The only reason he could for this bill was at ING
Republican party was going into bankruptcy anu
wanted a chance to be discharged and start OuSiceS
again. A.. A.
Mr.. Buchanan. of New Jersey, declared tha' inc
statement of the gentleman from Alabama lNr'
Wheeler that the Speaker had ordered this Dill 10 pass
ras a surprising one. lie Nlr buchanan was mem
hor ~ the Judiciary Committee he had taken part IL
framing this measure. and he had reported II TO 'e
House and he wished 20 say to the House that "udS
he did not know whether the speaker was IN favor o
tbe hill or opposed to it. They had never paSsed d
word on the subject. ana nc was ge''l"s i'''0 Wv
destinations of this kind.
Mr. Wbeo,cr-I should think you would be.
Mr. automatically 50. have said that
have had no conversation with the Speaker IN reie
ence 10 this bill, and what more can say o"iS
weary of limitations that have 10 foundation III iac~
Continuing Mr. buchanan supported the measure
contendinc that it was demanded b. the people OF
the country there was nothing political or sectional
in it, Every precaution bad been taken 10 'coui"
speedy and inexpensive distribution Of the estates
of insolvents. Every safeguard against Eauduie"'
conduct on the part Of bankrupt referee or assignee
had been carefully drawn. Those members oil 'hs
judiciary Committee who had made ctEeiu s'uCS
Of the bill were satisfied that 1t contained all inc Ho
guards with which it was possible to SURROUND Wn
~ this character. The system embodied IN ths
lin was perfect complete, comprehensve cono.ss aLid
cnding with the right Of the creditor 80 que ton me
discharge for at least two years aitEr u was t
TO have been committed by the debtor which would
have invalldated his discharge ,r,o,hcr r,dor thc
provisions Of the bill lawyers only could DC ap-
Mr.. buchanan made affirmative response a.
Mr. Kelley suggested that It was not rsh5 20 qis
crinnse against ne oc MAJ 9e Of the bar
Mr. buchanan Speaking. he said, from persona !
expereRce gave as n tsrn 0g wss 20 quit farming
and practise law. But the fact was that the rciecS
lad judicial functions to t PsffST man who was qualified
10 make the las (and who might be President OF We
United states competent TO execute the la" VIII
u" Mr.. buchanan remarked that in view Of the fact
that gentleman from Kansas ndh ndppcu Ou'
future for himself he thought II proper TO give
as his opinion that the gentleman was entirely qualified
Mr. Kelley inquired whether that being true in one
instance might not be true in a hundred others
Mr. buchanan admitted the correctness OF ths posi-
ton ~ u. - &, GA.
Mir Hayes. OF Iowa suggested that 1t vas IN me
mower of members Of Congress 10 create the position
Of Army chapains but did II follow that memon
was capable Of preaching the Gospel 49,.
Mr. Huchsuen replied that he had no doubt timt
his friend from Kansas capable OF becoming q
minister 49,, 80, ~ II.
MIR oates Of Alabama, opposed the BIZ. ana Mr.
pontrcr OF Louisiana, and Mr.. Hayes, OF Iowa gave
modified support 10 tn bill advocating the general
tenor OF the measure. but suggesting certain changs
Pending further debate, the House At 100 ad
jouTned.