| Show rtutEtutlas i LIIUIITUIIS In urtuince of a long ctUUItheJ ouitoiu a bill Ims been lulroJucsid In the presort lirgUlature to rohlklt tonheurt assignor from making pro fared crrdllori In support of thus proposed IrKlihttlou li the oUu glee to tboiLMlllutUli unjust for some of the creditor of the aMi oor to behold be-hold In full or nearly no will other get little or nolhlog In rtly II In I urged tbtt a debtor liau n natural rlglit to chooie which creditor ho will favor tint this right losing tom an unmet joint of view iroreriiFtl t tulle exrrcliu by Iho > U udlUK clrcun lauoe > It li lunbr Indited that a law which would prevent protlilou Inlng Iuallll for irWerml < I oredllen < wuiild hoar the iQeit U precipitate cwlfnimul which but for each o law would ho arolded For example n merchant who It I perfectly solvent glue time to mob rolltotlono or reallae on asset twloipr MHl ly hole cntlltrri applln to a banker hates lUi condition and teiurti A loan on thin prorulio that ihould < the wont hippiu Ibu bonbon will be raiilo a preferred creditor li there In a law probltltlnic oho roercbaut frem doing tblf the Lnnkrr will not acooPln ato him and ho I lurccd to make an ljuuitnt for thou bandit 01 hi creditors Au atslenmont burls DTcrylcy coiiuceUd wltU It In must aver II k1 r I ulula n nrr ll cob acute which II I JiulcluUdly lianlltJ 001 frue Irum irveiurr I would froduui I tuflklelil to pay a much heather percenlae to clc Boone hon the latter are often e > m petted la Scott It ulna the aeelgnot hepeire the credit < ot hi nelghbo who are In no way i > H olat dwill him In tuelneec dliluibi the market cre t eitl < lruit and In other ways dow harm In the community The higher ilttoraanetalp H tint whloh will eo frame Ilio lows H to oauee them to obrlalr rather 11111 jreolplmtf biuL ruptey ielfiinenl In addition t > the uiuil and slept arguments afalntt a iropoelllon te prevent late nuking of pref > rrc let l-et lltvir there It I another whlo can bo urged at the preeenl time and wniah li I perhani ftronor than them all Ala time waeu the relation kvtweeii debtor am creditor are 10 ilnlnod M they ara now lu at merry cam It 1 would toe t the hilht off of-f lly to enact a hit IraYollllnl the dnUnmhiii I of preferred creditor lie meet bosoms K Uw wouU haelen If II did not aoluilljr nuie ommerclil oatMtropliM I which all good iltlcetM would deplore Afaln the JJswa utter a protest and warnlax einlint atteispta use the part el the Jrtflililure to remodel ollr flnarKlal tows I such A lime at thl ArrimenUlhat might be untltkd to weight and nil lo tlotorjr lea time ef itorrolty and uenfldence ought not to be deemed worthy of luneldenllou now The bill now Mtidln In llle Ueunoll lo regulate tolunUry awl Ian nwnU for the benefit of oredltori nuRht to be radically anemlrd If It Ito I-to hoei at all better than thle It ought I to be killed i |
