Mr. JENCKES. I wish simply to add certain resolutions on this subject from the creditor interest of other cities in support of the bill. 1st, from the city of Detroit: DsruoBiro, nMnIOoKrIGTAaHn, ia Rooils. March 21, 1866. Tojlie honorable the Senate and HoRep of the U.S.:. The followin is a copy of a resolution that passed this board on the 16thinstant: “Relolved That having examined the general bankru t bill now pending before Congress, this board, n consideration of itl judicious provisions. especially the safeguardsfor the protection of both debtor and creditor. hereby approve of said bill, and respectfully ask that it be passedinto a law during the present session." Atruo copy: RAY HADDO CK. crelary. Also the following resolution of the Board of Trade of Chicago: “CHICAGO, March 14, 1866. "Renqleed, That this board consider the establishment of a uniform systemof bankruptcy to be a just and expedient measure demanded alike by the true in“teRreessotlsvoefdd, cbtor and creditor. That this board believesthat the early pnssage of the bankrupt bill, now pending in Congress, Will be of great benefit to the whole country: and that we reuest the Representative from this district to pivot O bill his active support. “Itmrolverl, Thatthe secretary forward a copy of these resolutions to our Representative in Congress." Also the proceedings of the Chamber of Commerce, NewYork: Mr. Walter S. Griffith, chairman of the committee of arbitration, to which was referred the consideration of the memorial of the Boston Board of Trade on the bankruptcy bill now before the U.S. Senate, submitted the lollowin report, recommending the non-concurrence of t a chamber in laid memorial. The arbitration committee of this chamber, to whom was referred the communicationof the Boston Board of Trade system feorfen bankruptcy r.onpoowsedpbenilld ifnegr before congress, respectfully report, that they have examinedt enotwith muchcare, and havefully considered the grounds suggested for urging postponement ofleation on the subJect, The soutern Statesare largely in debt to the mor ehantl of NewYork, and this chamber, as representing such creditor interest. cannot view Without concern the enactment or postponement of legislation having referenceto those question of property for the purpose of discharging such indehte ness. A terlull copsideration, voureoinmitteohavecome to the conclusion that the bill inquestion is adapted to protect the interest of creditors in casesof bankruptcy, whethervoluntary or compulsory, more thoroughly and effectivelythan similar laws ever enacted in this country or elsewhere. That while the clauserefusing the benefitsof a dil ehargeto thosewho have in any way nidedor abetted the rebellion may perhaps be amended so as more effectuallyto accomplish the end designed, still the bill in “SJHGSGD. form is of the Greatest possiblein terest on value, securing. as it does. to the loyal creditors of disloyal debtors in the revolted Suites, ready and sure means when the authority of the Government is restored.of compelling the application of all the property of the debtors toward the discharge of their obigations. this obvious that much time must elapse beforethe rights of northern creditors can be enforced in the local courts of those Stateswhere, in consequenceof the rebellion, all judicial functions have been long saudsmpiennisdted, and where, prep after law shall be again local preJudices may interpose formi dabls barriers in favor of the resident debtor against the non-residentereditor. Withont the interposition of Congress the dishonest debtor would have ample time and opportunity to place his assetsbeyond the reach of" hl 5creditors. If this bill becomes a law, however, it will by its divisions extend the power of the court of bank – fali potrtey aonveardtehqoueantteirreetmererdityotrhyroofutghhethlellnat.iloflnadlth tribunals Wherever the authority of the Government shall prevail. Though admitting of improvement in several respects, the billjn its general outline apd provisions seemsdrawn With signal ability and With ii.wiso regardalike for the true interestsofdobtor and ereditor, and your committeeregard its passage as ommently deIstirable is with r get our committee differ on this subject from the high y intelligent body whosecommunication has been referred to them, but they are unanimousin opinion that the chambershould reply to the BostonBoard oflriide that Wecannot concur in their views respectingill1b8ill. W ALTER S. GRIFFITH, A. W. BRADFORD, S. B. ClllTlENDEN. F. S, LATHBUP. NewYork, February 2, 1665.