Mr. WILSON. Well, if the bill is to pass, and I suppose it is from indications about us, we shall see what will be the result. I have always been in favor of a bankrupt law well juar.ded, taking care of the creditor and the alike, doing justice to both, although I have thought that until matters were settled and the creditors had an opportunity to collect something of the millions of indebtedness due them from the rebel regions of the coun. it would not be wise to pass such a bill. I had hoped that before this time some prog ress would have been made in the settlement of these vast claims from that section of the country. Instead of that, however, they have been recently passing stay laws and exemption laws. It seems to me that we ought to have in this bill something that shall set aside those laws, something by which persons may not roll in wealth themselves wi. their creditors are starving, for I know today many a man who is toiling and supporting his family by wages, while others have his earnings for years in their pockets and are living in idleness. Now, sir, I do not wish to legislate either for the debtor or the creditor in this matter. I wish all honest debtors to pay over what property they have got and get their discharge; but under this bill, as it now stands, men may ewn in several of the States a large amount of property, and yet hold it in such a way that poor laboring men, men who have labored for them for wages, men who are struggling to obtain a livelihood, cannot get from them what is honestly their due. If this bill was only to operate in the future I would not care anything about the exemptions, for, believing as I do sincerely, after much reflection upon the subject, that 9 10thsof the credits in this country are injurious and demoralizing to the people of the country, I should be perfectly. that every person who credits another should rely entirely upon the integrity and personal character of the person to whom he gives the credit. But it is not s;o there are tens of 1000s of men in the country who in the past have been embarrassed. We all want to relieve them. I should be lad to see every honest man among them reieved, and I should also be glad to see those who have property covered, hid away, or protected by any exemption laws give up that property and pay their debts, except a reason able amount to be retained by their families. I shall vote for the amendment, because I believe one of the oldest, if not the oldest and best bankrupt law in the U.S., from which this bankrupt bill has been drawn substantially, has that provision in it, and there it works well, and our experience justifies us, I think, in putting it into this bill.