Mr. THAYER. Section 13. It provides as follows:, All electionsor appointments of nssiirnecs shall be subjectto the approve]of thojudze; and when in his iudgment it is fgr any causeneedfulor expedient. he may appoint additional nssignecs, or order a new election. the judge at any time may. and, upon the requestih writingof any creditor whohas proved his claim shall require the assigneetopive good and suffioient bond to the U.S., With a condition for the faithful perlbrmunceand dischnrircof his duties; the bondshall be apraved by the judzc or register by his indorsement thereon shall be filed with the recordof the easemndinurctotho benefit of all creditors proving their claims, and may be prosecuted in. the manner provided by law for the prosecution of Imflushalsan other bondsgiven to the U.S. the assiqnce fails to give the bond Within such time as the iudge orders. not exceed in 10 days after notic to him of such order. the judge shall remove him ind appoint another in his place. Soif there is any practice on the partof sharp creditors to get possession of bankru ts estates to the exclusion of the just rights of the bankrupt and his own creditors, the matter is in the charge of the udgc. He can set aside an election made and order a new election, or appoint the assignee himself. That disposes of that objection. n the 2nd place, I wish to point out the objection raised by the Gentfrom Wisconsin, founded on the multiplication of officers, is precisely the reverse of what is the effect of this bill. The assi ee appointed by the creditors under this bil is a private trustee and not a public officer. The gentleman proposes to abolish the private trustees appointed in every case to inan age the particular estate, and to substitute for private trustees an army of public officers, to lie called official assi nees. in every county and in every State of the U.S. The effect of the amendment proposed is to reverse the objection of the Gentfrom NewYork. Where an assignce is appointed under the bill as it now stands, he is in point of law and fact a private trustee for the management of a particular estate. He has nothingr to do with any other estate. He is Iikeutrustee appointed under a settlement or a trustee appointed under any system of writing to do a particular thing. His attention is confined to that thing and the faithful ierformnnee of that duty. The amendment of the Gentfrom NewYork is to alter all that, and to make what is now a trust into an office, and make what is now a trustee into a public officer.