The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-05-07
THE F|FTY-FOURTH CONGRESS
DEBATE ON THE BANKRUPTCY
BILL HAS BEEN CONCLUDED
IN THE HOUSE.
old DAVE" WILL SUPPORT THE BILL
He Surprised the House, Stating He
He Surprised the House, Stating He
Would Vote for It-Senate Put in
the Day on the Naval Appro-
priations Bill.

Washington, April Bottle general
debate on the bankruptcy bill was con-
tinued and concluded in the house today.
Tomorrow the bill will be open to amend
final vote will be taken at 4 p. m. Satur-
day. The friends of the measure are
sanguine that it will pass by good ma
jority.
Mr.. Bailey of Texas gave notice today
that he would offer as a substitute his
voluntary bankruptcy bill.
The surprise of the day was the an
nouncement of Mr.. Culberson, eX-chair-
man of the judiciary committee, who
has always heretofore fought every
bankruptcy bill containing an involun-
tary system, that he would vote for the
pending measure.
The speakers today were Messrs. Dan
iels Rep.) of New York, Ray (Rep.) of
New York and Culberson DEM of Tex
as in support of the bill; Messrs. Strobe
Rep) of Nebraska, Terry Dem.) of Ar
kansas and Bailey Dem.) of Texas in
favor of a voluntary system, and Messrs.
Graft (Rep.) of Illinois, De Almond
DEM of Missouri, Bell Pop.) of Colo
RADIO and Tracey (Rep.) of Missouri
against any bankruptcy law.
HOUSE PROCEEDINGS.
Washington, April 30.-In the house
today Mr.. Mccall Rep.) of Massachu-
sets presented the reports in the contest
ed election cases of Radliff VS.. Williams,
Fifth Mississippi district; Browne VS..
Allen, First Mississippi district, all in
favor of the sitting members, and they
were adopted without division.
The house then resumed consideration
of the bankruptcy bill.
Mr.. De Almond Dem.) of Missouri,
who opened the debate today, argued
that the statutes had ample legislation
to enforce the collection of debt if a
bankruptcy law was passed and he
thought it should have only the voluntary
feature of the protection of the insolvent
debtor.
He charged that the pending measure
had been prepared by the agents of the
creditors class.
Mr.. Bell Pop) of Colorado opposed
the passage of any bankruptcy bill and
Mr.. Burton Rep.) of Missouri advoca-
ted the measure.
The latter discussed particularly the
technical procedure under the terms of
the bill
Mr.. Culberson Dem.) of Texas, the
eX-chairman of the committee on judi
ciary, who has heretofore opposed all
bankruptcy laws, created some surprise
by announcing himself in favor of the
passage of the pending bill.
He said he had believed in the past
in the necessity for voluntary law. He
had, however, come to the conclusion
that it was impossible to pass Il bank
ruptcy law containing only an involun-
tary provision. The reason was OBJ
vious. The creditor class would not per-
NIT the debtors to secure the advantages
of a bankruptcy law without exactng
something in their own interest. He
would vote for the Bailey amendment if
he believed it could become a law. but
now, so believing, he would vote for this
bill, which would move a load of debt
from the shoulders of thousands of in
solvent debtors.
He eXtoled the bill as the best ever
presented in congress.
Mr.. Culberson's remarks were loudly
applauded by the friends of the meas
ure. The only speakers today were
Mr.. Daniels (Rep) of New York and
Mr.. Ray Rep.) of New York, in favor of
the bill and Bailey DEM of Texas and
Mr.. Terry DEM of Arkansas in favor
of a voluntary law, and Mr. Graft Rep.)
of Illinois and Mr.. Tracey of Missouri
against law.
A letter was read from Governor Up
ham of Wisconsin addressed to the
speaker, formally notifying the house
that the state of Wisconsin had placed
a statue of Peremarquette in statuary
hall.
E.1S +hn bo-.o