Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-04-18

BY the Month. by Mail ..........i.... Is
Delivered by Carter. per Month. 50
Entered at the Postoficc at Marshalltown
iowa. as sccond-class mai matter.
SENATOR HOAR,s PLEA.
In wrestling With an attack of grip
and a 10000 word speech and an un-
popular subject from republican
point of view, Senator Hoar succeeded
& in occupying the attention of the sen
ate for three hours yesterday. Asa re-
suit he was also successful in winning
congratulations and applause from the
democratic side. As is we'll known,
lightened state of Massachusetts is an
out-and- out anti-expansionist He
assumes that our nation has entered
upon a career of imperialism" and.
that there is danger ahead. In short. 4
4 he is one of those who would hold the
nation within the limits of its present
American territory. He traversed the
ground carefully, praised McKinley's
course during the war with Spain, Went
over the Philippine question and
praised Aguinaldo as brave, honest
and patriotic" But Senator Hoar is
going contrary to the great purpose of
the American people. They little heed
and will not long remember his stirring
appeals. With sublime courage in the
high purpose of their own nation, they
are planning to extend its blessings to.
other lands and will not yield their.
grasp upon territory acquired unless
experience With such countries shall
convince them that contrary course
is necessary.
It is noteworthy that while the rep
resentative of Massachusetts was ex-
pounding and advocating anti-eXpan-
sion, Senator Morgan, of Alabama was
rounding Up a victory based upon his
expansion views-thus these two sec
tions seemed to exchange positions in
I the matter of progress, and tfay stand
against each other as an equation.
BANKRUPTCY6LA CHANGES.
The country has been Impressed
from time TO time with the various
features of cases of bankruptcy as de-
veloped by the law recently enacted by
congress. 1t is probable that the les
sons gathered from close study of its
recent operation Will be embodied irato
1 the law as amendments during he
present session. At any rate. mn in
terest is manifested by mep af
both houses in the changes i'tSss Is
Business associations in pa.ists 81
the country are urging iian by cts,is
gress along the lines sed
amendments offer by Inc s.ry
committee. Tie most ltant
q changes are slifional 9Jeations
to a dischale 8iise Which are are
changes in the and others
are additions to NJ > viz: a. Obs
tanning property on eredit upon prae-
tically false statements in writing; 90
1nakingsa preference, tho the bill makes
4 it necessary that the creditor relying
upon the objection shall prove that the
preference was fraudulent. One from
{ the bankruptcy law of 1857, (s) the
making of fraudulent transfer OF
property. One from the English bank
ruptcy law, ca that the bankruptcy
was materially contributed to or
brought on by gambling; and two
which are entirely new. First and
probably most important, 90 that a
discharge shall be refused to anyone
who has previously been discharged
within six years; and second, (6)8 tina
a discharge shall be denied 10 any ont
who refuses in the course of The pro.
ceedings to answer any question ap
proved blythe court
The last two are aimed at evils whicl
have developed under the present law
the first emphasized by tine fact tina
men already discharged under the lay
are again seeking discharges, and tn
second from the fact that from al
parts of the country comes the com
plant that bankrupts, when har
pressed by their credt.is, refuse I
answer proper questions on the groun
that such answers will incrlmlnat
them.
The bill also provides tina. mercantil
corporations may be adjudged yolun
tary bankrupts after receiving the con
sent thereto Of a majority Of thei
stockholders, but that such proceed
ings on the part of the corporation
shall not release its officers or stock
holders from any liability under tn
laws OF the state. Also that a volur
tary receivership Of an insolvent col
poration under the state Avs shall b
an act Of bankruptcy. This woul
bring all mercantile corporations with
in the terms of the law. They can onl
be adjudged involuntary bankrupt
now and as a rule escape the nor
'SaS drastic nroced11re I'm hankri1nfcy h