The Clerk read, as follows: Bosrou Bosnn or TRADE, 55Msaenisrs EXCHANGE. Bosrox. January 2.1 Sin: The imdersigned as a committee of the Boston Boardof Trade. were intrusted with a memorial to tbe38 wougress, atits last session, respect fulliflflklll! for apostponement of action upon the bankrupt bill unti the insurgent States should have been brought back.to their allegiance; and further praying that the said bill might be no modified thata deliinr receiving the benefitsof its provisions, should be required to pay 50%. of the indebtedness proved nignmsth, im, or in lieu thereof. to obtain the consento a maionty of his creditors, in number and amount. in order to securehis release. Now that the rebellion hasterminatedanrlthe federal jurisdiction has been restored over the States which werein revolt, theobjectionsentertainedbythe Boston Board of Trade in commonwith merchantsin othercities, to the passageofugenerul bankrupt law, to be operative in the South as well as in the orth, ceaseto oust. It cannot be denied that the time hus now comefor the passage of a law relating to insol vencywhich shall is paramount over the various and oflen greatly conflicting enactmentsof the several States, and which byits uniform and equal operation shall furnish a nadditional bond of union and a new element of national life. The undersi ed, however. As representing the BostonBoard of rude, earnestly hopethut the provisions for the dischargeof the debtor suggested above, may be incorporated into the bill nowbefore the hoRep. those pro viSions have for the past 8couyearsformeda part of the bankruptcy law of Massuchusetts, and in this State they have been found most salutary and essential, indeed the law could not have been kept on the statute book through all this time without them. They haye networked to the disadvantageof thohqn est debter, while theyhave furnished an efieetive hinderance in the we of many personswhowould avail themselycs of the outfits o insolvenegv proceedings, while Withholding their property in whole or in part from their creditors. The undersigned venture to express a fear that should a law on this subJcetgo into effect without a requirement as to the amountwhich shall bepaid by the bankrupt to entitle him to release, th0 number of those who would unworthily avail themselvesof it would lead the mercantile community to demand either its repeal or its essential modification. This would not only reo on the whole subject and reyent the attainment oft atwhieh is somuch to be osirod, namely a well defined and ii. well understood system, which should bepermanentiis well asuniform. but in the opinion of the undersigned it might lead to the almost indefipite postponement of the whole question, after a brief criod, similar to thosewhich have gone before, shii l have elapsed, during which persons throughout the country seekingtobe relieved from their creditors without paying their debts, Will have obtained their disclinr e. The undersignedeominen these considerationsto your attention, and beg to subscribe themselves, sir, With much respect, Your obedient servants, EZRA FARNSWORTH, WILLIAM CLAFLIN. HAMILTON A. BILL. Hon. Tiiouis A. JRNCKBS, HoRep, Washington, D. 0.