The New York Herald Newspaper, January 14, 1842, Page 2

EW YORK HERALD. New York, Friday, January 14, 1942, J. N. Mafit’s First Congressional Sermon, We published yesterday, a fulland accurate verbatim st s-amon preached before by Profes: Maifit, of the Methodist Church. mon was furnished exclusively to the Herald, by eur ad- mirable Washington reporter. It isthe first sermon Mr. Maffi’s that ever was published werbotim, and it is quite a curious aad novel article. An edition of the er. mon in asinall pamphlet, or brochure, will be published to day at ce, printed ou fine paper—price 6} cents per copy, or'$4 per hundred. The New York Lancet—No. 3, ‘Phe third number of this popular medical and and scieatific jouraal will be pablished to-morrow ; per annum—in price 64 cents persingle copy or advance. Orders are coming in for it from all parts of the country. News Exrrerep rrom Wasmiscrox.—We expect to receive to-night some curious accounts from Washington, relative to a heiaous charge of bri- bery and corruption, price $100,000 per head, which was made against certain members of Congress by a notorious Wall-street press a few days ago; lt is highly probable, also, that the Sergeant-at- will be sent here to arrest the libellers, and to bring them before the bar of the House, for such a flagrant violation of its privileges. Piping times, theae. Tue Baygager Law Meerine.—It will be seen from our report of the meeting heldjyeaterday,against the repeal of the Bankrupt Law, that nothing was said or done in repudiation of the atrocious charges made against the purity of Congress by a Wall strect press. This should not have been omitted. ‘The “ Cou- vierand Enquirer” has been considered the organ, por excellence, of the unfortunate bankrupts, and when a public meeting silently passes over the mon- strous charges made in that journal against the in- tegrity of Congress, the natural inference is, that they join in the same belief, and entertain the like opinions. Another meeting isto be held in a few daysin the apper part of the city. eat Meeting at the Merchants’ yoy ge, to Oppose the Repeal of the Bank- rupt Law, Pursuant to previous announcements, a meeting of citizens of all political parties assembled yester- da. the Merchants’ Exchange, for the purpose of adopting resolutions expressive of their oppesition toa repeal of the Bankrupt Law. @aAt two o'clock the Rotunda was crowded by a dense assemblage, amongst whom were a large number of our leading nerchants and capitalist j Cuartes A. Davis. q, called the meeting to order, and nominated JOLIN I. MORGAN, Esq., for Chairman. Joun L. Lawnence, Esq., nominated the follow- ing gentlemen es Vice Presidents :-— Samuel Cowdrey, Andrew Foster, ‘The Samuel Bradhurs George Griffen, Wm. W. Todd, " William Bruce, Cornelius J, Borgert D. W.C. Olyphant, Henry Hendricks, Moses H. Grinnell Samuel T. Tisdale, Silas Brown, ‘ John P. Stage, James J. Van Allen Caals. Kneeland, James W. Otis,” Dudl Benjamin F. Butler, Joux A. Uxneuwoon, Esq , nominated the follow- Ueimen as Secretaries : Samuel J. Tilden Benjamin R. Winthrop, H. W. Sargent, John Tyler Brigham, Thomas W. Gale, Edward A. Strong, Ruizen Suckley, Wm. T. Whittemore, John A. Morrill, RH. McCurdy. Ma. M'Vean nm addressed the meeting as follows : Phe meeting had assembled to express its opinion against the repeal of the baokrupt Jaw passed at the last extra session of Congress, The proposition that a law affect. ing so largely the interests of the whole community should be passed with all the forms of deliberate action at ssiou of Congress and repealed at the next, was aly a new and startling one, especially when the nment, by asolemn act had held forth the word of ise to a larg 4 of the citizens of this country, h by the r this law will be broken.— The government owes to itself when it passes a law of a general character 38 this is, to maintain its own tebility, to adhere to that law, un- tical defects manifested in ch demand its repeal. He nh present men, who enter ferent views respecting this « entertained. If he bad been he would yote for aid no, because he ved it had mai ionss he believed that it was not what a Bao t Law oght to be, but if he asked now whether he would vote for its M1 answer still more emphatically ro! ed faith ofthe governmen, was pled + Sud the gevernment was bound, in that character for stability tothe very existence of any go. cially a republic: meni, to Several its practic suyposed tained origit witheut b h utlem for the of g resolutions to ubmitted to that fo on and adoption. He should not say that those resolutions expressed all the views of all these gentl men, nor of any one of their number, but th unanimous in a fopting those resolutions, andto secure that desirable unanimity of sentiment, sions and yielded up their pecu: He koped the meeting would nd discretion,and without g to read the follow- they bad mad liar differences act with s further detain. ing resolutior esolved, Tha ncy of the utstion and perma- m the good faith of nd stability of its ed, That since the passage of the bankrupt law, nothing has occured to improve the general condition of our mercantile affairs; om the contrary, business is redit limited, and public confidence shaken to its foundation, both ia relation toindividuals and go Veraments Resolved, That the quest propriety of a a sa quest of party; & question both of ja nd of humanity ; of justice towards the dof humanity towards the debtor : ant de ol jects might be better secured by jndiciou nents of the existing law, every con sideration v ety and policy for to teke effect Resolved 1 ovr julgmont the commere raBankrn ram n 8 «© aud Fe- excessive credit from which ed excessive de to restore them to that position ia whic! left free in the purewitof bappiness Resolved, That the Constitution of the United States, 1 s from the local governments all power of passing any Baskrapt Law, imposes upon Congress the « lishing” * uniform laws on the subject of i" ghout the United States. tw arnestly remonstrate against sont Bankrupt Law, because s reash of @ virtual ise of the Go s of our citizens who have been nge of circumstan aud respect which 1 government, be- rve : Ay vowed without the repeal, and nement of that which is Bankrupt Law, and views on this rol y and the ¢ Goagress, and re He did wot int but ove thi ito way t rth the assets of the debtor, wi.crever siluated and howevrr the some may be covered Gp, and that being seonred to the creditor that was all that men conid ins: 1¢ insolvent. There were different i Congress, calenjated to produce a di ya from ditt foctions of the country d be a little aurprized when es alm follies or m extent oxhi low. Bat the eve states themyel is permitted to\rema ist the crediver re South aod Wert it re es are © that the peop upon Congress when Cangre the public will dt was in their panes abe *he people could utter a voice whit ventativ meeting al ence. It w And, he would add, thatthe effect of si force, and would, he truste the law a fair trial. Ther ight be different vi solvency, but he thought it might be set down as a dit belie! unless for the purpose of remedy ing its defects estimates had been made of the number of to work, but whose en prostrated by the rep forts to retrieve bis fallen fortunes. w would have adirectly opposite tendency respecting the ques ion wether th uldapply to Corporations. ‘The state of things ly changed since last summer, when there w should by out of existence. (Loud Applause.) imity. The Hoy. B. F. Bet fallows : ends of justice, of sound policy trade, as wellas the great interest plause.) I assented pet when appealed to, committee of those who called views of the great principles involved in th important cordial suppor the people of the United States es the whic American tabl and Missouri that it dees i setts, on the shores of the U but to allow it the fullest a endous applau: f for rupt law for forty years to come. [Great cheering.} And I putit to the who needs not the be unfortu they are will al system ofbankruptey out the United States? It took forty and, there.ore, i The resolut h have been re: views which spirit of comprom| we now meke. The w the liberty, with their tions to you, and I beli pic which has heretofore been one on which con ble diversity of opinion has pre sent to thisresolution. But it lution, w! no one to record it, for I wish versity of opinion. My en} solution is to explain to you u dissent, if this re: nod such a position as without arrogance just great movement. Resoly and policy, tion of ourc tunate and hon reasons oppos under consid the great benef , That whilst we deem it a measure of ju s well a¢ humanity in the exist untry, to provide for the relief of the u a ment of the relations of safeguards should be established to prevent fraud, that full protection should be given to all just ered and that the present law so far as i respects, should be amended by a manner as to accomplish these d out being repealed or suspended. Thave that Idid not intend oceupy by any arguments on the general subject,but to read to you a br de ad in the relations whi terests of the great Comme fthe Court Mr. Evans, Mr. Fonblangue, Mr. Law Mr. Hawes, Me. Hawkes standing, and in their ¢ ial capac a) ing that whilst on the one hand this Commis i of enlightened vornment can do | mands of jastice | | solvent law, after interrupt prehensive view ¢ a efficient and jebtors and credit was not am mmission who was not only | familiar w e subject, but fomiliar with it on the cre- | ditor’s side, and who, if he had any feeling caloutated to | biaw him ot all, it'was in that way ® he rao operation of | 26 different laws in as many different States. The Ea giich Insolvent Law extents only to the small travers and the Commissioners ers say—* The futa in our opinion a most unjust aman in his busin joning him until his y ng all his property —im © practical result undoubte he makes ws his daily wants, and too freq nently degraded character 3 nd the cre who h 8 been bran: he div legislating on @ sn omple x, any law cou ofall. Mr. B. then iitstrated exhibitions of mutnal cancers the part of the framers of that sre led tor and came f ere would bea grea jons upon the subject of the p hh was-about to be repealed. contain no safeguard agaist fraud; no prov was a strong feeliog in the minds of a large number vergons that the law ought to be so constructed as to jominations of Banking Cor. porations “And as it would be impossible to reconcile all the various ond conflicting opinions and interests con ct, it was therefore thought best to of they United States were able to no! twok a course adverse to ables Unat ich would be heard in the hails of the House of Representatives, when per haps there was no other mode of reaching their Repre- nected with this sub adopt the resolntions that had been, ing. For himself, resolutions which had been offered, as embodying his sentiments; and one of the benefits to be derived from the ntemplated Bankrupt Law, was its powerful preven- arded frand. But still he thought the law was incomplete as it stood ; Banking Corpora tto he included by all me: half the diffienlties in whic! community was involved; they werethe fruitfal sonrees of half the frauds that were per} portion of the community, and they ought to be included krnpt Law—or else it could not be considered ageneral law by any means. For, it was no use to at- tempttodry up the stream if the fountain was left open. (Cheers, amid which the Speaker sat down). Here were loud cal's for Mr. Hall and Mr. Hefi- he t, would exert» powerful tofu thatthey did not require to act on their inmediate representatives, for (ney were three to one in faver of this law, and therefore it ‘Was not necessary to exert any influence onthem. But the proceedings of the citizens ofthis great commercivl emponum would operate on Congress with prculiar duce that body to give sented to the me e considered the ws. (Cheers) B e influence as they were the he mercantile with regard to the general principles of a system of 1 rated upon the honest tled principle which was recognized by all commerci nations, that adebtor, who had beeome involved in his cireumstances, notthrough improper conduct, but thro’ mismayegement and mistortuue, alter he hai made a jase surrender of his property to the extinguishment of is debts, should be discharged from further respousi- bility. That wasa principle he betieved to be founded in Justice and morality, and in its operation calculated to advange the interests both of the debtor and the cre- ind the general prosperity ; and entertaining that he hoped that the government ef the United States never would interfere with the bankrupt law, arious: solvent debtors in the United States, and he believed that the ac- tual kumbers were aot below the highest of these esti- mates—they amounted to between four hundred thou- sand and five hundred thousand men, a large proportion of them possessing talents and integrity, aud willing gies would be ‘cramped and of this law, which was calculated to relieve them from their difliculties and of course at the same time to advance the interest of their creditors. MrS. went on at considerable length to show that the operation of the Bankrupt Law was calculated to stimulate to activity the honest bankrupt in the ef. Ist its repeal . Hethen pro- ceeded to say that there was great difference of opinion Bankrupt Law ter be a thief and For he can’t sti life and industr: the debtor is tie: Mr. Paxscotr Hat rose ai you are not assembled here today for the purpose of con- sidering whether it is'just Law ; either to secure the just rights of the creditor, or to give relief to the unfortunate debtor. But you are pose of considering whether a law ‘h houses of Congress in solemn de- bh has received the sanction of the bation of the people of cause, or without il —My fellow citizens, Perhaps some as8 a Bankrupt assembled for the which has passed d met with the a ntry, should withou' g assigned be repealed (Cheers.) Youare wheter those who deliberately and with proper judgment made this law,shall now turn round,and whether from spleen,or caprice.or for political aspiration se or unworthy motive—repeal this law before they have tried the effect of itsoperations, (Loud cheers.) And it strikes me with especial astonishment thatthe attack on th should come from the quarter whence (Cheers, and cries of * Het suppose—I never fect one by any means a measure is not perfectly satisfactory to all first blush, that therefore it saal) be pulled down, atroyed before it has been tried? (Cheers,) Why, my friends, the very building in which we are now ossem- b ed—beautiful'and magnificentas it is acknowledged to be—doubtless does not meet with the entire approbation severely critical ed GS in this ot ing to sa; not included in its fovisaoneh ag that Law till they are. And if this law exists two all be no Bankruj (Cheers} No! years, public sentiment will cali out, to include incerpo- or some more andI wish to see such a law in operation ude these corporations which now set ail {Cheers.] Another objection is, thet into operation, it will jubilee, among the unfertanal itso. (Loud cheers) I, for one, e such a jubilee. are told in that law which is divine in its o the Great Law Giver ofthe universe, in dealing out his dispensations to his ehosen people, decreed that every fifty years there should be an universal jubilee, when debtor should be freed from his jbonds, and from (Loud cheers.) And 1 say, Hail to the hail to that glorious jonest unfortunate debtorfrom that load which misfortune—or, if you will, his own imprudence jastic cheering.) But, as shall inclu law at defiance. 01 law in Congress tl roduce a sort ry Clay.”) Ido not mean to e believed—that this law w: strong expectation that the Banks in a state of suspen- sion would resume specie payments and secure to the country an adequate, safefand sound currency. But he saw no effort in the South and West to place their Banks in acondition to redeem ther notes by the payment of coin,an lit that were to be the case he for one was wil- ling that these Banks should be brought under theop: eration of a particular Bankrupt Law, by which they obliged either to pay their notes or be driven vent which is we should pull down and has entailed upon him my fellow citizens, I shall trespass on your er, asmy mind and my sentiments are fully embo- inthe resolution which I now shall offer. Resolved, That we do not consider the Bankrupt Law as a boon granted to the unfortunate by the grace of the Government, but as an act of pure justice, desi store te the country the productive en-rgies of one sixth pulation, and to operate for the mutual benefit of Debtors and Creditore;enacted pursuant to the constitutional obligations of the National Legisla- ture, long after those obligations should have been ful- , but not less just or less needful, from that conside- it follow that because the Bankrupt Law passed at the late Extra Session of Congre: the entire approbation of the whole ‘community, that therefore it shall be abolished “No.”) No! not at least before we have given ita fair and impartial trial. (Cheers.) Why, my friends, it is one of the most difficult things imaginuble for the minds of men to meet and accerd harmoniously on this subject. When I have called the attention of professional gentle- men to this measure, and elicited their opinions as to how he rights of the credi- 10 the honest debtor, rdance of opinion, le to framea law |, does not meet with Mr. 8. concluded by forcibly impresing on the meet- (Cheers, and cries of ing the importance of its acting with decision and unan x then addressed the meeting as Fexuow Crrizens—I rejoice te meet you to-day in this ofthe sdalt white mel noble hall, consecrated now, as { firmly believe, to the of the great interests of f humanity. (Ap. could best be secured tor,and the proper modicum of reli Thave found @ most astonishing dis so as alimost to render it impo: should give general satifaction even among this meeting, to their re- quest to address you for afew moments. I shall not at- tempt, however, to enter upon that wide and difficult field of inquiry and discussion which is embraced by a General Bankrupt Law. Ona former occasion, when, in common with many of you, I raised my humble voice im favor of such a law. I briefly stated my 8. J. Titven bein; alled for by the meeting, rose and said—Tnstructed by committee of arrangements, to present the resolutions which | hold in my hand, I shall preface them by afew remarke; but 1 am warned by theeminence of the gentlemen who have me, as wellas by my physical incapacity, for the effort necessary to be heard by thisyvast assembly. not to detain youlong. Like thegentleman who first addressed if I had been called upon to vote on this law, nal question, I should have voted against its passag. ought that it did not adequately protect the rights of ind revolted at the invidious and unjust distinction which it made in favor of banking corporatious, which have been the main agents of the evile under which the community is sfferin, in favor of the most worthless of such institutions. the question now is, whether we shull retain the law already passed, and amend it, tained; or whether we shall, by ahasty repeal of it, i the certainty, in the conflict of individu f losing altogether the acknow- In this state of th of Congress the approbation of all. that I consider to be amended—that meet with ‘m But does it follow therefore that to be repealed ? does it follow that after the manner ich it was passed, that now, for no assignable cause under Heaven, the come from the quarter in which we find it does come! (Cheers and cries of “It com: was told when | was in Washington, by a distinguished Senator from Kentucky, one of the most eloquent orvtors n universally admired and a patriot—that Kenfucky went for the law, not because hut because “tt teas right in 1 admired that sentiment from thi I proclaimed thatevery where! And jud judge of my consternation! when the hand which would strike down th that very state"which we all vainly supposed to be a (Great sensation.) Now, though rrendered the power to pass th: Congress, it was not so given to slumber there, but to be exercised, And so long as the States had not the power to pass such a law, it was the bounden duty ef Congress, todo what the States could not dothemselves. (Cheers) In this matter, the States were every where difficulty, that no State could pass violate orimpair any contract. But the same glorious instrument that makes this provision, provides also that Congress shall have the power to pass a General The only question has not that time now come’ Have not the United States spoken in their might and majesty. Has not their voice been heard throughont thia land in tones derstood. (Cheers) Why, then, before this law has been tested—before the ment has been tried, or its defects pointed out by expe- rience—why, I say, should it be stricken down, and blotted out from the statute book of the national Le: (Lood and continued chee: fears that efker considerations, besides the ge are have dictated this most pernicious and ex- have my fears that there are who make the misfortunes of their sort of capital wherewith to carry on their ng. Butlsay to every such man—be hi I bid him beware of what he is about. I say that itis no matter how tell he eloquent! or how strong he may cousider himself in po- litiew! influence—that he must beware ! x there is no man—no matter bow elevated he is—in this country—that cannot be reached, humbled, and put down tor ever by public opinion. ject. I adhere to the sentiments I then expressed, and am, so far as the law recently passed conforms to these principles, and to some of them it certainly does, give to it my ardent and most 0 far as it departs from these prinet ples, [hope to see it amended by the united wisdom of . But whilst, fellow ci- tizens, | agree that the law isin some respects very seri ously defective, yet 1 would say to every man who wish. ment of a system which shall be perfect — suall spread over the twenty.six States of the nion—which shall enable creditors to know their rights, and debtors to understand their obligations —which shall speak the same language in Mississippi New York and Massachu- ited States and on the con- tinent of Europe—I urge on all who wish to see such a system, that with one heart and one mind, they rally in support of this law, and call upon Congress not to repeal d most extended opera .) Without claiming the ‘sy, any man who has looked at the histo {for the last forty years must be per- tly aware that if this law be repealed or suspended ny length of time, you may bid adieu to any bank- ought instant: e creditor,and my from Henry Clay !”) 1 in Congress, its defects are asc she wanted the la (Loud cheers.) © and hostile intere: ledged benefits of such a] tion, I go unhesitatingly against the repeal. No ma: ahigher regard to the obligations of contracts than I have. But Ido notsee that the exercise by Congress of its constitutional power to enact a general bonkrupt law ivolves, legaliy or morally, a violation of the contracts on which that law may operate. Look at the legal as- pect ofthe question. ‘The parties to those contracts are to be presumed to know the co: aw, comes frem tower of strength, the States had jitutional authority of they take their rights this ‘authority, in the law, which si of theiragreement that Congress shall not exert its Then take the moral demonstrable truth, of political econ- omy, that money, fluctuates in its amount and value like other commodities, although not to the same extent, or asirregularly. Aman whoa few years ago agree: and whose agreement isen- will pay at leai editor, the man engaged in trade, its w)i h thisjlaw confers on the ate—] put it to those who wish to see business established on a permanent and solid fuoting, whether gto give up forthe next forty years,the such as that called for by the interests of trade through rs to produce that unanimity of sentiment, which Was necessary to cure the establishment of this system, imperfect as it that I hold that we have no ground to expect, if this law be repealed or suspended for any length of time, thet any new system can be adopted in less time than that which rolled away from the expiration of the old law, and the enactment of the new in last July. [A voire—August.) J, contain the the committee in some respects in the ise, in favor of the movement vmmittee kindly aliowed me the privilege of drawing up a resolution which should ex- press in part my own pecular views, I therefore take ir permission, to offer these resolu- veafter the manner in which you received the allusion of the preceding speaker te the to dera- ied, that you will as- gitimate powers Bankrupt Law. people of the pay an hundred del forced in the present one hundred and fifty dollars. The dollar has itself changed. half as much exchanageble value as it thea had; once and a haif as much power in the purchase of all commo- (Cries of “Hear, hear.") We may still call our rule afoot rule, but it ‘will measure once and a half as much of eyerythin, In such a state of things, ticable, gevernment might provide some rule of equi! thatcan never be mi now once and @ dities on the average. to which it is traordinary movement it were prac- men in this country ther card in last evenin “them papers,” showing up Redwood Fisher. Gsod —go ahead. whig or anti.whig Government cannot adapt any rule to the in- cessant fluctuations of the meney market, or ottempt it without introducing fatal uncertainty in the business re- lations of individuals. But the question arises whether, when a universal change of valuer tending the effect of all contract passed in which the creditors have had the legal reme- dies, and recovered, in many instances than they were equitably entitled to—whether, under such circumstances, the government is bound to inter. fere for the enforcementof such contracts further than to compel the debtor to give up all he bi No principle of or natural equity obliges it to go further. eration more and J have d is the main canse of the existin, particular act, certai with some exce, (Terrific cheering.) that if any man in Congress has thus to make the misfortunes of ens his political capital to ¢ his own aggrantisement ‘that be discards this plan. quence to afew wh a law in July whic y en itis read meets not a clear response, I wish iscord, 1 wish no di- in'presenting the re fw words the grounds upon which I take my present stand and to explain to my friends in Congress throughout the Union, if any friends Thave—and the Committee supposed that I did’stand in fied me in put- ting my views thus before them—the reasons why I thus unite ‘with you, as I hve said, heart and soul in the with to advan will be utterly Although it may seem of littleco: oue house of Congress shonld p they should repea) now—yet, let it be remembered that there areother men in one bedy of Conzress of a higher and more reflective order, who may be operated apon in asimilar way, if nothing intervence to prevent it. it is lamentable to kear the miserable excuses assigned Some pretend to say that it mes has chan, That does not alter Justice is immutable and And if it was just (as the Senator from Kentucky said) to pass a law in July—is it n that law in January ? unjust now, if it wes jusithen? (Laughter.] lights” have broken in upon Congress recently, or since (Roars of laughter, snd cries of * $100.00 a Isay if any man or set of men hove made use of this law for their own peculiar [we ker sai} pecuniary, but the roow bad such a terrible echo that it was difficult to hear) or poli- neement, then let him or them tremble on (heir political throne! (Tremendous cheers.) ‘That the law 18 based upon proper principles is an indisputable fact ! at it is an indispeasable law cannot for one (Cheers.) Mankind, in re liable to be ovet youd the coutrol of th rudent. (Cheers.) Anc pase laws for the ge snlar law,the ore: e. I think that ley 1 allude to no inly none of a party cheracter ; but ons, the whole course of legislation, (state and federal) has tended to generate an artificial credit, the wrecks of whith are strown all around us the broken fortunes of thousands. the goverument can remedy the eny legal right er moral duty. 1t¥erefore propose acompact between the different p those who think the pre Jaw defective, join in retaining it; and those who desire ita benefits join in amending those defects. that while you relieve the unfortunate debtor, you may protect the creditor; and by epplying its provisions to )anking institutions extend its action to the currency, and thus carry fhome its blessings to the business of eve- ry mau in thecommunity. Mr. Titoen then offered the following: which were put and unanimously adopted. for this change the political aspect of the Why ? suppose it has ice g condi hout violating truth ght. 445 ruth and ig I soy it ought to do so. and for this and other ion of the law believe that ed froma well digested Bankrupt Low, are to be ound in its preventive influence on the contracting of debts, and in the permanent settle- btor and creditor, and that we therefore consider it indispensable that all expedient nd not just to san on this question. bead!” and {aint hisses ) thonght the spea cially to the creditors of Banking corporations, ctive in these ementary in such irable ends, but with- 2s of this meeting be signed by the President, Vice Presidents and Secretaries, suda copy of the same be forwarded to the President of the United States. e Resolved, That copies ofthe proceedings of this meet- ing be also forwarded to the Hon. 8: x thaniel P. Talltn and to one Bape 8 moment be denied by an all and every condition of life, ying your time heg leave fextract from the Report of the Com- inted by the British Parlmentto exam the purest, or the mo: duty of our Congress to f the Senate of the Un tatives in Congres john McKeon, Fernande Wood and Charles i A request that the same may be presented by them to the Senate and Howse of Reprentatives. As goon az Mr. Tildenhed done speaking, there were loud calls for ‘* Mr. Hoffman.” pled, that he wes not inthe room. A motion was hen Made that the meeting do adjourn, which was carried nem. con., and the vast body of intelligent and respectable citizens separated in great good hu- mort with themselves and each other. Samine or toe Mexican Vessers of Waa— Provante Wan Between Texas axp Mexico —On Tuesday, the two armed schooners, built here for the Mexican government, sailed from this port for Vera Cruz, under the eommand of Captain Howard, the same navigator who carried the steam vessels to These vossels sail under the and we presume the Mexican flag will not be hoisted until they reach Vera Cruz, j the cash in hard dollars are received for their con- think it is too lenient—the think it is too severe. ‘The enly way, therefore, is to ae lectsome just medium, where all these differences of opinion canbe adjusted ; and it is the duty of the grave ‘0 our National Senate toset t selves assiduously at work,in order to repair the defects it without trial. et ex probable that if tne Amegican culpable apathy upon this vital abe spirit and influence which operated would prevail, ond have > in the councils of the other, it js shown to them in thunder tones of indignation, that e American people willnot be content thatthey should a law in July and repeal it without trial, rhyme, or teason, the following January,these men will be stopped ‘nthe middle of their cai hope and firm con States will not b: ng body that the F shown itselfto be (Tremex laughter) or at least rome part of that hous ter and cheers ) [Know not what has caused this extra- (Langhter.) And Isay, without any particular regard to respect, or disrespect of any member, that any gentleman who in four mouths, can change his couse, or being able tu give a fe 1 am confident that the minps who pr ngs P Mr. Butler re- ial community of | in this Jaw, and people hed show ject—that the sam upon one branch of Cong Great Britain, will commend themselyes perhaps more strongly to the judgment of the respectable portion of our fellow-citizons Who differ from us,but for whese opinions in great deferenc 4 whom I wouldgieatly de by solid argument. Let me were—the Right Hon Me {Common Pleas, . Mr. Crawford, &e., all men of the highest s intimately ac- ated with all the details of the subject which they Were appointed to investigate. And [ hazard nothing in ission was eval minded men, dispor this subject, with- | aitable sys rs, there (Lond cheers ) jon, thatthe Senate of the ordinary change. Ladhoeey vy vb yh any assignable ple reason there+ (Lond laughter 100,00) makes good change!) And! say more,—that, without pretending to hint at what hag caused this most singular change in the votes of some of the members of Congress,—-that possitie forany man to have had in four months, any conviction alone, break upon him on this subject of the Bankrnpt (Tremendous shower of light ravis that in the proud Se who gave his vote or op To make their statements perfectly clear and applicable, let me say that h 4 ga now existing in the United » English Insolvent Bankrupt Law sys mmensely against #, and cries of * The sailing of these vessels is an important event | im the future movements of Mexico upon Texas. To connection with this topic we may mention, that we have received a valuable correspondence from Mexico, describing certain interviews with Santa Ana and the diplomatic corps there—and giving out the idea thatthe present Mexican Chief is deter- mined to make an attack on Texas at no distant In a day or two we shall publish this singular correspondence—and let it speak for itself. In the meautime,the private advices from Mexice, as well as her public movements, indicate nothing but war on Texas. ers fron this port, two iron steamers are building in Koyland, and in the course of th expect to see Texas attacked b sea and land. From the best sources the following are the amount of naval force, that will be brought into action by each power:— Traxtax Navy. Brig of war Austen, Com. Moore, 20 guns. Schooner of war San Antonio. Schooner of war San Barnard. Steamer Zavala. sired a general bankrupt low which would extend to all persons. These Commission liabilities of insolvent debtors is Limpolitic law. The in 4 Danae!) But | trust, my nate of the United States no ion on this matter in July li be found changing that opinion or that vote in Ii there be defects in the law let some strong mind and some firm hands administer a remedy for the evil ; improve—cure—but not destroy ! Still ifthe people had net thns come together, it is possine that the spirit which a might prevail with t that these assemblies of the people have their proper (Cheers) Andtherefore 1 ns of New York that they hav: thus shown themselves to be fi interesta of humenity. ditor elasa has not interfered in this matter, but have been willing that when the debtor surrenders all that he hasy 3 shoul! no longer be encaged, but that he should be free to start on a new career. T hope therefors that this great and glorious man startforward upon a new career of pe ard joy, with his hands, his limbs, b ects, perfectly free and untramme mendous cheers.) Ani therfore I say, that we hav ranch to cheer ns oa our course. (Cheers) und failing —n0 e work be carried for- wa begun, and my word for it, it will soen be finally and snecessfully a [Tremendous chvers | ‘r. Romonne then rese and said— ‘am not equal to the effort which is necessar to the subject which has brought you together to: all the importance of this matter as fully and that every man n turning him out destitute, aimed insolvent and unworthy of credit, never expects him at some future time to acquire pro- | chich he isto give up for distribution among his ‘ly is, that of no exertion beyond thatof supplying ntly becomes a perma 4 family are brought up tor does not gain ated one body the other bod In addition to two schoon- ext summer, we Santa Ana, boih by , Without capital and di- pital, with broken spi- mpaired, necessarily Jabors un- apeting with others having musi be considered a successful eta living and bring up a family. * comments on this extract, and tice of the law of bank- hich he said was not only ! creditors, but disgraceful much to hope. No heart shoul row Mexican Nave. purchased at Havana. of war Libertad, 1 Paix! Schooner of war Eagle, 1 Steamer (iron) now Sheamer (iron) The Mexian Government, and especially Santa Ana, breathes nothing but tire and fury towards the “Lond pirates of Texas” ae they are called in Mexico. ly, however, afier the two v shaillhave hoisted the Mexi Com. Moore fall in with them in the Gulf, we ex pect to hear some decided movement on the water, inilar to that of San Jacin’e en land. han, &e., buili here. building in Bogland. nee. I d Ghegraceful IMh ce ould have * confusion worse confour es the honest, but unfortunate a > the creditor, As to t law, that it was defectiy | me wishes of oll partie we | d. Iteonld not be expected in th n feel on the subjec evar may be his ct eed, or his station Vand be epent in this glorious caw: a thee theemaweipation of Ftff: T have ever been in favor ot *W. for tworeaons : First—to gue Jorignsof the trauduient; and Second othe unfortunate debi . Is from this port hey said to the people of the Unied flag, aud should mn will never be effectel tor the | Tne «ele! that ononeside wef”. clebrated Cage of the + Captaingt the. 8. judgm: creditor’s bills, and so forth to drain the last dollar from the debtor; but no civilzed ever invented such a miserable sheme, whether it is regarded as effecting the interests of the debtor or the creditor. hed itsoperation to all cl s to enforce @ just claim against @ aud for the honest but unfortunate hepe under Heaven; (Cheers.) Ifa man turnsa steule, he has some hope of relief from his sufferiny can goto the state prison and serve out mately get released. rape he can see the end of his punishm Bi unfortunate debtor there is no end—no relief save the (Loud applause, and cries of “Tru the law stands at present, a man had bet- 1, than be en unfortunate, afresh in the race of 3. while a thiefcan. (Chers.) No, down—chainedjto the dust ; and the grave alone can relieve him ; while the State prison can relieve the rascally eriminal. (Cheers.) One objection to the Bankrupt Law hasbeen that vast numbers would appear before the community as ality were not so. cur. But we are not to say because the law is defective in one ortwo that that is asufficient reason why it should be swept from the statute book. Again, some say that Banks ought to be included. (Cheers) Very But 1 have no fears that if this law goes into operation, before two years, banks will be included in the sphere [Cheers.) I, forone,am d to allowing Banks to be excluded from can recognize n Deck” versus the “Lancet.” The arguments of Counsel in this extraordinary case were to have been heard yesterday afternoon asregards | before the Vice Chaneellor, but in consequence of tor, | “me Unexpected difficulties in obta x ing one of the affidavits in corroboration of the defendant’s answer fothe bill of the “Captain of the Deck,” Mr. Sherwood, the able counsel, retained on the part of defendant, requested Mr. Graham the “Capt counsel, to consent to a postponemeat of the argu- ments til! this day. Mr. John E. White according. ly waited on Mr. Graham for that purpose, but that gentleman refused to accede to Mr. Sherwood’s re- quest. Mr. White then waited on his Honor the Vice Chancellor in order to obtain the desired post- poem, when the follewing conversation took place. Mr. Wurre—In consequence-of some unfe and unavoidable delay in procuring an. affidavit, and from Be Sherwoed having been so busily engaged on pr . fessional duty, 'y, a8 to prevent him from GER the, faTepaiete cousiders pejregeet fy this case, meat fi tomerrew. honor to order a postpone- ir. Grawam—I ly cannot be ki 2 out ceremony inthis way—I have Pt perma row whieh willcompletely occupy me—I am engaged fat pas ye _ the Supreme Court tn which the jury ha m already em, el ir. Wite— ve the suprem in the afternoon ; Dut at all eveute Mr. Granam wit get leave of absence ; and as to the ch: of want of cere- owt Mr. Graham is aware that the cause has been al- r Lon —This cause isa novel and very important one, I am desirous to have the aid of counsel init. I think it is, therefore, proper that all due indulgence should be granted in allowing the parties toprepare. I with to have the cause fully argued, and ite gona — i oO] pina will be final a1 Spores ‘e matter. I will, therefore, postpone the case to-morrow afternoon at 4 o'clock. ita At four e’clock,this day, then the questions will be argued, whether a public lecturer, after selling his lecturea to the public, can prohibit the purchasers from making whatever use they please of them, and whether the preasis to be prevented from publish- ing “ with good motives, and for justifiable ends” matter interesting tothe public—and this queetion could not be argued before a more liberal and en- lightened tribunal than that at which the present Vice Chancellor presides. “ Stream Snip Corumsia, from Boston for Liver- pool, arrived at Halifax on the 3d inst. News rrom Evrore.—The Britannia sailed from Liverpool on the 4th instant, and has therefore been out ten days. She will probably arrive next Thurs- day or Friday. If the England don’t reach here be- fore that time, the B. will bring a month’s later in- telligence. Cucumners iv Janvany.—Mr. James Galbraith, of Newark, N.J. has just called aad left with us a couple of cucumbers, which he cut from his vines yesterday morniag—the first that have been grown in these latitudes for the year 1842. We have not measured them, but judge they are from 12 to 14 inches in length. They are of an entirely new spe- cies; from an English seed. With much good sense- Mr. Galbraith has left them at the Herald office, for the reason, as he states, that “his brethren, garden, ere” /and,‘‘all classes of the community” may become acquainted with what can be done in gardening. Tue Ratvers.—This family give their second con- cert to-night at the City Hotel. Their singing must be novel to our citizens generally. Simon (we be- lieve that is the name) has a very extraordinary voice, and is well worth hearing. Herwic anv Knoor.—These eminent artists have just arrived in Boston, where they will give con- certs. Mr. Cray Opposen to Rereau.—An evening pa- per states that Mr. Clay will oppose the repeal of the Bankrupt Law. Certainly. More Prre.—Master Glentworth is out with ano- “Post.” He gives one of Anant Humava.—The Washington letters in the “Courier and Enquirer.” Where is Mat. Davis?— Where the devil is the “‘old boy in specs?” He never made such blunders. Curar Travetixc —The fare from this city to Albany, via Springfield, is only three dollars! This reute is very popular, and so far as the price of pas- sage goes, is certainly the best. Steam, Wixp anv Macnineny.—It is stated that four or five vessels will be built at Oswego this sea- son, with E ‘icsson’s propellers. Batt To-nieut.—A ball is to be given to-night at Tammany Hall, forthe benefit of William Davies, a deserving individual. Those who wish to enjoy themselves had better attend Resuurs—We see it stated that there is now a Greenbush, opposite to the city of Albany, as much freight as the Western Railroad can carry to Bos- ton in a month. Asotner Patriot Gone.—Samuel Richards aged cighty-eight, died in Wilksbarre, Pa. on the Sist ult. He wasa Lieutenant in the Third Connecticut Regiment of Continentai?Troops. Navat.—Corvette Fairfield, at Gibraltar, 5th vl Sapt Tutnall, arrived from Mahon. Panx Trreatre.—The comedy of the Suspicious Husband was played last night, at this theatre, toa tolerably large audience. The piece went off tame- ly, and the acting, with a casaal exception or £0, elicited but slight epplause. We yesterday spoke ofthe intrinsic merit of the composition, and in ad- dition would add, that it affords a beautiful illustr tion of one of the worst passions poor human nature is heir to, and the moral must be a useful lesson for those who are influenced by suspicion in their do- mestic circles. Mr. Abbott played Ranger with ‘more spirit than it has been our chance to witness in his acting since his engagement at the Park ; but even then his per- sonation did not come up te our ideas efthe gay and dashing way intended by the author. Mr. Abbott does not possess sufficient youthiul bueyancy for the part, and without this, Ranger eaunot appear to advantage. In his younger days Mr. Abbott may have made an excellent Ranger, but certainly his performance last night scarcely reached me- diociity; added to this, he was shockingly im- perfect. Franklin, in, the hands of Wheatly, was well conceived, and_given with much spirit If he would only leave offihat universal custom of his, to wit—jumping about, and shaking his head, his per- formances would be more appreciated. Mr. Wheat- ly, now-a-days, is respectable in almost every thing he undertakes, and for this reason we point out this very »wkward feature peculiar to himself. Chippendale, es Jack Meggett, was only tolerable. —we hardly think this comes under the head of Mr. C ’scharacters. js . Mr Barry played Strictland at times with much spirit, but Ue certainly failed to imprees his audience with the belief that he wasa man tortured and dri- vento madness by suspicion; he gave the passion but little coloring, avd the part was altogether des- titute of that physical diaplay so necessary to it.— Attimes where the demon of suspicion ehould have driven him to frenzy, he was cooler than most men could or would be onder such circumsiances. Mr. Clarke could have made more of Bellamy;and Williams, as’Tester,reminded us, as he alwaysdoes, of a note of interrogation: titudes in this piece were slike unte those which destroyed his Dolly Spenker, ungainly and clowa-like. 1 Miss Cushman appears to great disadvantage in the piece. Clarinda does net ravk among her he- roines: her performance lacked that winning, play- ful archness peculiar tothe part; iadeed her perso- nation was inferiorto any we ha her enact, while her sister, Mias S. Gushmac her part ad- mirably. There wasa sweetnees about her acting, of Jacinthe, that satisfied as Bellamy was a mun to ourtaste. Miss Vernon, ee usual,was excellent: we considag- ed ber the star of the evening Thus we have given our idea# of the performance. The manner of wetting the piece up reflects much credit oa the management, and we hope the public will sustein in it praiseworthy efforts to ensure public patron- We are of opinion that the ecting would have better throughout if the company had been more perfect in their parts. The beauty of the filth aet of the play was destroyed by their sad imper- To aight we are to have Landon Assu- PYUSTSCKE PT, (Correspondence of the Heratd.] Wasnimerox, Jan. 12, 1842. Apportionment under the New Census, The seleet committee of the House on the appor- tionment of representation under the new census, have agreed upon the ratio, and will be ready to re- port on Friday. The number settled on by the com- mittee is 68,000. Under the census of 1880, the aum- ber was 47,500, and the aggregate of the representa- tives wae242. If the bill to be reported by the com- mittee shall become a law, the House will consist of 224 members, being a reduction of eighteen. The subjoined table exhibits the total amount of population in the several States and Territories, the number of slaves, and the aggregate amount of the representative pepulation :— States and — Total pop. Territories, alk deserip'ns. Risioe, smpekire, aan Michigan, Winkonean,. District of Col’a, Total, 17,005 353 2,487,355 16,008,296 Under the last apportionment jaw the States were represented as follows :— Loss and Gain UNDER THR Proposition oF Tux Commatrrue No. of representa- tives at the rate Less. oRann New Ji q Maryland, Virginia, Be eee Blo nasBezanse0e TILED Pee, | ppesomcenanwome= wovewullmwollIQhiliilitid a2 New York, it will be seen, has the largest portion of any of the States, and it is supposed that her rep- resentatives will strive to amend the bill; but no number can be selected that will not bear with equal injustice upon some other State. The expediency of diminishing the number may well be questioned. It is doubtful even whether a large increase would not be beneficial to the country.. The apprehension that it would retard the business of the House is without foundation. The British House of Com- mons consists of more than six hundred members, and yet business is turned off in that body with a facility and despatch to which our national legisla- ture is a stranger. Let the number be increased to four hundred, take away the desks from the hall, let no man speak who is not prepared to discuss the question before the House, and we should see a ra- dical and salutary reform in the manner of doing business. It is probable, however, that the pro- position of the committee will be accepted by Con- gress, after the usual amount of idle debate, and all counter recommendations are only words throw away. The Bankrupt Bill will not be repealed. Such at Jeast is the pervading opinion here. TWENTY-SEVENTH CONGRESS, Second Session, Senate. Wepsespar, Jan. 12. ‘Tae Baxxnvrr Law. ‘ Mr. Mixxer presented a remonstrance against the repeal of the Bankrupt Law. ‘ Mr. Watcur presented « memorial from 16 or 17 mercaatile firms, such as importing merchants, of New York, praying Congress to repeal the Bank- rupt Law;and a memorial from 170 merchants of the cy of Albany, in the State of New York, set- ting forth the Propricty of an amendment of the Bankrupt Law. He also presented a memorial from the Pilots of the Portof New York, praying Con- gress to repeal the law throwing epen the port of New York to Pilots of other States. fs Mr. Hustineron presented a great many petitions for the repeal of the Bankrupt Law. Mr. Watxer presented a memorial from New York, against the repeal or amendme it of the Bank- ruptLaw. Mr. Cuar saidfhe had been requested to present several petitions from the city of New York, remon- trating against any interference with the Bankrupt Law asit now exists. He had aleo petitions to same eflect from other places, which he then pi sented. Ia behalfot the object of these petitions desired tosay a few words, but perhaps that was the proper time. Str Caucus said he had been requested to sent several petitions from the city of New York, praying Congress not to interfere with the rupt Law. ‘These petitions had been forwarded to him with a strong appeal to his sympathies im their behalf. He could not be ignorant that there were thousands of our most valuable citizens, at the pre- sent moment, reduced to a hopeless state of ‘chor yency—citizens who ha si clarms upon the sym- athies of tae community. He would go farther— would say not only that he deeply deplored the condition to which they were reduced, but that he conécivntiously believed most of the inselvenis were innoceat sufferers—the views of unwise and i proper legislation on the part of the general govern ment and of the States in relation to the cure rency. To this cause he mainly attributed the insojvency and bankruptey so general throughout the country. But strongly as he felt the appe he could not yield to it at the sacrifice o great, and important principles that tar bey resent inconvenience and temporary individwal sut- Rering. He could not but see that to yield to the quest of these petitions weuld be, in the end, but to aggravate the evils of which they complained, toinvoive & much wider circle in the rua why overwhelms then. The contnuance of the Baake rupt Law. would aggravate instead of mitigating the eneral distress occasioned by an inflated and irre-| leemable paper currency. Ii that law were not re aled it would not be 1n operation three years undreds of mulionsot dollars worth ef ope would have beea submitted to the auctioneer’s hal mer, at a time too when the county could not fur. nish means to purchase it unies# at a sacrifice both debtor and creditor, und the resalt would more disastious than the effects o: the tormer rupt Law, disastrous as they were. What w the creditor’s benefit. by the operatien of this law Literally nothing. Searcely a traction of theag del would collected under its operation, Am view of the rights of creditors he would take grow there that it Wasone of the most imunquitows la’ ever passed. He next obj to the Banhryj Law on Constitutional grou.ds i ‘Mr. Bannrex replied to (ie constitational ax ments of the Senator from South Carolina, and petitions were then refer Several petitions oi a | presented, and reports from the several Departme ike character were t were received vad severally referred, and some important coe was disposed of tus Beaun or Exennavr Mr. Merwe resumed. the debate on thePre: den | a Board of Exchequer. He held it be en duty of the Government to regulat he oa te take such action as weuld é ths eth, How it was to be done wi sill underermined. Some supposed it was to dope by a return to @ purely metallic currency,, b there ust and would be bank pxperas a cireuiat nedium to alarge extent in the country. Nobor thought of reviving the pet bank system, and o! wyseins were out ol the question; what then tw be done? In thts stave of things they plan of the Secretary of the Treasury before th for the action of Gongress, and for himself, after the consideration which he had given to it, had not been able to discover all the dangers formidable objections which had been pow ed in such metaphysical mozes on that floor. Elis Secretary told them ies was not pe it was the work of hitngalinnds asd_was tactefy