The broad ax., 1922-12-23


JAY L. ToRREY
Received at Salt Lake, Utah.
Feb. Is, 1897.
Dated Washington, D. C., Is.
To Julius F. Taylor, Publisher and
Editor The Broad AK.
Please have urgent kilograms sent
Senator Brown favoring Bankruptcy
Legislation.
IL. ToRREY
Shoreham Hotel,
Washington, D. C., February Is,
1897.
Mr.. julius F. Taylor,
Publisher and Editor The Broad AK,
Salt Lake City, Utah.
Dear Mr.. Taylor
The copy of The Broad AK arrived
this morning containing the marked
article headed: THE Torrey Bankrupt
cy Law"
Please accept the thanks of the other
friends of the cause for this strong
contribution to our literature.
Senator Brown has twice entered
objections of the bill, and if it should
fail to pass for want of consideration
it will, think, be largely due to his
obstructive tactics. Hence / have tele-
graphed you and beg to confirm my
message as follows: please have urg-
ent kilograms sent Senator Brown
favoring bankruptcy legislation"
There is danger that the bill will
not be considered at this session in
view of the short time yet remaining.
If so. it will fail and will be introduced
in the next Congress as a new mea-
sure.
We shall, however, continue the
struggle until the gavel falls on the
fourth of March and most earnestly
hope that we shall succeed in securing
the passage of the bill.
You are without assignment or in
solvency laws in Utah, as | am told.
Last year there was larger percent
age of those engaged in business in
Utah failed than in any other state in
the Union, your average being 4.95
per cent, while the average per cent
for the whole country was only some
thing like 80 per cent. 1t is reason
able to conclude that if our bill was
passed to protect debtors and creditors
that there would be smaller percent
age of failures; the honest debtors
would get a discharge; the assets OF
insolvents would be rateably divided
between creditors of equal rights. Are
not these results earnestly desired by
your citizensH
Bespeaking a continuation of your
influence, / am,
Very sincerely and truly yours,
Jay L. TORREY.
The Shoreham,
Washington. D. C., April |. 1897.
Mr.. Julius F. Taylor. Editor,
Salt Lake City, Utah.
Dear Mr.. Taylor
Your very considerate letter OF the
9TH ultimo has not been answered
sooner because of my enforced atten-
ton to matters here.
| should not have asked you to send
a telegram If / had known OF your
strained relations with the senator re-
ferred to.
Much obliged for the pointer you
give me as to the Hon. w. H. King,
will secure an introduction to him
at no distant date. CThe Hon. w. H,
King referred to was at that time
member of the lower house of con-
gress. At the present time he IS one
of the United States senators from
Utah.)
have on my table now the proof
of an important Senate document in
which will appear your last able edi-
toriaI upon the subject OF bankruptcy
LEGISLATION. l have taken the liberty
of adding a sentence to it, which
know will meet with your approval
In the ordinary course. ! will have a
copy of it sent to you.
You may have noted by the press
that even at this early date in the ex-
ira session. our bill has been reported
without amendment from the judi
c;arv Committee, and that II has now
become the unfinished business" Of
the Senate. A few amendments haV:
been made of friendly character, but
they do not go to the extent OF strik-
ing out or inserting a section OF the
bill. will send you a copy OF It BY
this mail.
Hoping that a: no distant day to
have the pleasure of a personal &C
ouaintance with you. am,
Very sincerely and truly yours
Jay L. ToRREY.
The Shoreham Hotel,
Washington, D. C, May Is, 1897.