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From the N. Y. Evening Post

 Tue Bankrupt LaD applied to Corporations. American of last evening has the following remarks upon the question of subec;ng corporations to ge- neral bankrupt law

 ssEvery individual citizen of each state, II is con- ceeded Congress has authority to subject to bank rupt law. Can state then by aggregatlng several individuals and investing them corporators with special privileges and immunities, withdraw them from the operation of the law of Congressl

 ''lt is not denied, we apprehend that tbe general taxing power of Congress extends to bank or insur ance, or any other stock created by acts of ncorpo ratons. Why should it's legislative and judicial power to regulate the equitable distribution of such property among creditors, be more questionablel

 s'On this head both to the right and the expe- diency, we confess opinion has undergone nia- terIa change. At first, the idea of rendering the corporations of state subject to the federal bank rupt law, seemed to us irreconcable with right and still more with eXpediency.

 'sThe right, upon more reflection, seems to us now far less questionable than we had imagined; and for the expediency-although onthat head we are vet not quite confrmed-the disgracefn persistency in easy and profitable insolvency by many banks hay ing all the means on hand of an honest resumption, furnish most potent arguments. To bring sucb cor porations back to sense of duty and moral obliea- ii ,n, nothing woul be more efiicacious than an ,m- pending writ of bankruptcy.

 ''All this, however, has been overruled in the Senate, and IS not Hkeiy 10 md more favor m the House."

 Neither the Senate the House of Representa- tives, fear, is in disposition to egisate wisely and benefcialy upon any important matter. By re- fusing to make the bankrupt law what they might have made they have rejected an opportunity of ac quiring much popularity-they might have passed law humane to the debtor, just to the creditor use iul in disentangng the mercantile class from it's em- barrassmens, and of potent efficacy in restor- ing the currency wholesome state; but they have chosen to cast this advantage from their hands,

 The bankrupt bill which has passed the Senate, is one of those partial measures adopted by a party eagerly and blindly graspng after the public favor without refecting that this favoisn the long run can be obtained only by regard the principles of uni versal justice. The provisions of the bankrupt bill contemplate only voluntary bankruptcy, and will finally, we apprehend, occasion much discomfort.

 The great objection to a general bankrupt law, that it may lead to an unsafe enlargement of the powers of the general government, and supersede to dangerous extent, the legislation of the states in regard to transactions between man and man. is cer- tainly deserving of grave consideration. The dan ger could not be incurred without the certainty of real and essential good The Senate have chosen to risk the danger without taking to secure the benefit.