Rensselaer Journal, Volume 11, Number 47, Rensselaer, Jasper County, 1 May 1902 — Favor Bankruptcy Repeal. [ARTICLE]

Favor Bankruptcy Repeal.

Washington dispatch: Four of the Democratic members of the House committee on judiciary united in a minority report on the bill amending the bankruptcy law. The report favors the repeal of the entire law am’ says: “We do not believe there is any necessity or any general public demand for the longer retention of this law. It has tended to burden the federal courts with litigation which could be just as well conducted by the courts of the States.” A substitute is pro posed repealing the bankruptcy law.