Rensselaer Republican, Volume 16, Number 20, Rensselaer, Jasper County, 24 January 1884 — BANKRUPTCY. [ARTICLE]

BANKRUPTCY.

Prospects of Legislation by the Senate. A Washington correspondent telegraphs: A gentleman who has given some attention to the subject of bankruptcy legislation, pending the discussion now in progress before the committees, gives the following ss his views regarding the prospects of the passage of a bill: The Senate sub-committee, consisting of Messrs. Hoar, Ingalls and Garland, .which has the matter under consideration, will probably submit to the full committee both the Lowell bill and the equity bill introduced by Mr. Ingalls. Mr. Hoar is the champion of the former, while Mr. Ingalls is, of course, in favor of his own measure, and Mr. Garland is opposed to any legislation on the subject.