The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-07-18
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The McCrehry dissolution Adopted
by the House f25 tO ~.

iHe MfA fFufH hFNniNttnn ANhpNfu
by the House f25 Ia ~.
WASHINGTON, July l6-The house
today. by vote Of l25 90 ~. adopted
resolution offered by Mr. McCreary Of
Kentucky. indorsing The action OF the
president and The administration IN sup
pressing lawlessness in connection with
the strike. II was adopted under sus-
pension 'of the rules. only thlrty-eight
minutes being allowed for debate.
Mr. McCreary and Mr.. Catchings made
short speeches In support OF the resolu-
ton, and Mr.. Pence and Mr. Bland In
dulged in some criticism of the action
of the administration, but neither were
unduly severe.
The remainder OF the day was spent
I'm an effort TO press the Bailey bank
ruptcy bill hut although IL was en-
crossed and read third time, the quo
rum failed on the final vote, and the
vote on the final passage viii be taken
the first thing tomorrow. At $3.50 p. m.
tie house adjourned.
The Bailey bill IS purely a voluntary
bankruptcy measure. 1t Is limited I'm
it's operation 70 two years. Under IL
property is administered according to
state laws, thus creating no officers or
new machinery for its execution. The
bill provides that III any debtor owing 5000
or more shall execute an assignment,
valid according 10 the laws of the state
in which he resides, and as 10 his prop
erty situated elsewhere, valid according
to the law of the place where Ii is 10
Gated, and also in accordance with its
own requirements, he shall be discharged
from his debts
The only requirements which the bill
itself eXacts are that the assignment
shall include all of the debtors property
not EXEMPT and shall be for the equal
oil sF
erence except for debts due for labor and
to the state and general governments 1t
eXempts such property as may be exempt
from forced sales under the law of the
debtors domicile. it further provides
that four months after the debtor has
executed his assignment he may file his
petition in the federal court. alleging
under oath a full compliance with the
law and praying 10 be discharged from
further liability Of his debts His cred
itors are cited TO appear and they have a
reasonable time i'm which TO file their an
swer and 10 contest the debtors right
to a judgment. II upon the trial 1t
should appear that the debtor has given
any preference by assignment or other
wise, or that he has done anything TO
prevent a fair and equal division of his
property pro rata among his creditors, or
that he has attempted to defraud his
creditors. then the court must refuse to
discharge him.
The bill further provides that IL an at
tachment has been levied that debtor can
still execute an asSignment which shall
vacate the attachment, and he will then
be entitled to the benefit OF the law. II
the attachment is collusive and the debtor
permits ii TO stand. he deprives himself
Of a release and his creditors still have
their action i'm all the courts TO set aside
| the attachment on the ground of fraud.
Appropriation Bills Passed.
Two more appropriation bills-the legis-
lativc, executive and judicial and the Dis
trict Of Columba-were disposed of by
the senate today. The agricultural APP
preparation bill was also considered and
was on the point of being passed but
| there were several individual amend
ments left to be considered tomorrow.
| This leaves but three more appropriation
bills to be considered. The Indian. sundry
| civil and deficiency, and OF these only the
| first has come from the committee.
The anti-optlon bill which has been on
| the vice-president's table since Il came
| from the house. several weeks ago, was
today referred TO the committee on agri-
culture and forestry.
The conference report on the military
| academy appropriation bill was agreed 10.