Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-02-21
PRICE FIVE CENTS.

brought the matter up himself f,
would say that his course had bccal
entirely consistent. The senator frol
Hunt had referred TO him as the chan
pion OF the idea OF bringing capital NJ "
Texas. lie wished no had the abiiitI \
to enutle him To that distinction. II
had done what he could to attract ou,',lI
side money TO Texas. This bill was nd *
in that interest. II was In the interoi
OF those who had their money inyestc,l
outside the state. and who wanted tk
| keep Il there. while they made thief q
profit In Texas. The bill, as he undeft;
stood II. was the special measure Of th''iI
| travelling men OF TeNns who wcf' 4'
working for outside houses. They wer +
bright men, loyal men. and they werr
working to tile best interest OF thos.
who employed them and not for tho N
good OF Texas, ne
There were many amendments ofier't
cd 20 she bill, some OF which were
agreed to, others defeated. and In tho
running debate great many senatoft
took part
In the course OF the fight SENATOR
Simpson denomiuatea the bill q
measure TO bankrupt the small mer<
chant" M ~
After number OF amendments had
been offered by senators who opposed
the bill, Senator Gage made a rafting
speech In favor of the measure, iii
ed'cifticismH OF those who attempted to
tack on killing amendments with the
| intention OF "pcrfcctlng the hin.h.
| ninging out the quoted remarks with
| great sarcasm, He said tho bill was
| proposed IN the interest OF the honest
creditor while the present prcferredt
| creditor system was In the interest OFT
| tho man who CARED nothing for thsi
| kind OF failure his debtor made juss 4
| so he was protected. He cited mn IT,
lustraton from Puck In which a young .
Hebrew gave as the second principal OF
| the financial cntechiHm the answer: TT T,
| ad first YOU don'd fail, dry, dry again" !
| He made speech of considerable
length pointing out numbers OF objec-
| lions TO the present law and allowing
u ready acquaintance with decisions
regarding II.
Senator McComb finally moved to
strike out tho enacting clause and
| spoke In support thereof. lie said no
| had hoped all along that the bill would
be so perfected that he might vote for
| II. But Il had not been done, and now
| he thought che time had come for de-
clslve vote upon It. He paid a high
compliment To the zeal, patriotism and
| intelligence OF the author of the Bill
| Asnew), and was sorry that he Mc-
| Comb couldnN sce his way clear 60 va
| with him In this matter He said the
| judicial decisions OF this State were Ia
| the effect that "a man could do as hu
| pleased with his own. no long ms hs
did not infringe the rlghtn OF another.
and that the vital principle OF this
bill way to abrogate the right OF tbs
citizen 10 mako his own contracts. For
| this reason he objected TO it. He OBJ
| Jected further because II was inquisl-
| toriai and because IL was paternalistlc.
Men intended that government should
let individuals alone and that II should
Ia
violated the rights of another,
, II had been tiaid that the insolvent
man was commercially dead. and that
| the government ought TO administer
! upon HIS estate May be so, but this
bill proposed to SHAY The inaolvcnt
| business man; 20 force him 20 his
death. Whom man bought goods,
even on credit they became his. aud
| be could do with them what he pleased.
| IL was an old maxim or law that no
! who trusts mos, must suffer most, bur
| this bill propose to overthrow thar
| principle The Mate should not be-
come the Keeper, either OF the con-
science OF debtor or the Judgment OF
| the creditor. Under this hill II was
| proposed that u mans creditors could
! force him into bankruptcy at any
| time Why not go further and say that
nature IN her dlHpensations. has not
! been just. and administer upon tho
estate or the man who has nmaaBed
| a colossal fortune, and distribute IL
among his fellows TO whom nature
has not given the power OF acquisl-
| tlon2 Tho advocates OF the bill be-
| llevcd that the friends of the bill be-
| lleved that IL was IN the interest of
honest dealing. but the fact was. they
had taken few special cases nnd
sought TO make u general law 10 cover
| them. Tho creditor had no title IN thu
| goods hu sold on credit. llo acted with
| his eyes open, and he had no mora
right TO take away the property OF hia
debtor than any other man. Now, IL
wan proposed for the law to UNDER
| take TO correct the mistakes OF tina
creditor. and when nc even made tho
mistake OF oyeraelllng, 10 atcp IN and
4 take the property OF the debtor anu
/ make distribution thereof. This bill
! proposes TO take away, also, the proper
! reward OF vigilance by providing that
| ~ one creditor shall bring suit that
| the debtor shall thon, within ten days,
mako nm assignment II he does not,
! thcy they have a receiver appointed
| and his Affairs administered by the
state Then tile law win regard him
| az n criminal and make him, by In
! quisitoriai process, make discovery OF
] all his property. Because man has
the misfortune 10 get into debt. It 10
! proposed to regard him Az n criminal.
I Glass legislation which benefits one
class invariably Injuries another.
This bill. That proposes to slay the
| debtor, commercially. and perhaps go
cinlly, ~ in the interest OF another
| class-the creditor. Under this law. if
a man disposed OF property and, upon
| lnquiaition, twelve men conclude that
away down, deep in his heart, lay tho
intention 20 become insolvent, he ID
| made felon and sent 10 prison,
| Senator Agnew wanted TO Know II
| senator McComb did not know that
| the provision just mentioned was copied
| from the statute OF 1879,
Senator McComb said he did, and
ne also knew that the supreme court
had drawn the lungs OF that law OF
1879 and that the Agnew bill pros
posed TO rcvitalize II and make II ef-
| fective. He further knew that this