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is for the Govetument 10 issue one hundred
millions Of stock bassed upon the public
lands, ID be distributed among the several
States and Territories; 10 De issued in sums
Of from S5 TO S640, and to be received in
payment oifonr hEths of the price of the /
public lands purchased; also, authorizing
lhe issuing Of fifteen millions Of Treasury
Notes, Of as low a denomination as FIVE dol
lars. And ne also attaches TO this, the plan
Of Fiscal Agent submitted last year.


The substitute was ordered TO be printed.


Mr.. Pickens, from Tie same committee re-
ported a bin 10 extend the time for admit
ling duty free, iron actually imported for rail
road companies,


Mr.. Barnard, from the committee on the
Jndiciary, ,repoited bill torepeal the Bank
lrupt Law.-The Bill was read FIRST time,
land the question being uponits second read
ling.


The question was now taken.on the pend
ink motion Of Mr.. Barnard to substitute for
the bill another precInding voluntary bank
rHptcy, and making the repeal take effect
on the fourth Of March next, not however,
to affect any case Of penalties then existing,
| The amendment was rejecled--yeas 73,
mays 1856.


!. The bill was ordered to be engrossed for
a third reading.


Objections was made TO the third reading


Mr.. Everett moved suspension OF the
rule, and the motion prevailed.


And On the passage of the Bill, the vote


stood--yeas l40, nayss71.
So the bill passed-in the following form
-''Be It enacted By the Senate and House
; of Representatives. of the United States oj
. America in Congress Assembled, That al
act entitled "An act TO establish uniform
: system Of bankruptcy throughout the United
States,n approved on the 10Th of August
ls4l, be, and the same is hereby repealed


Presided, That this act shall not affect an,
case or proceeding in bankruptcy commenc
led before the passage Of this act, or an
e pains, penalties, or for(eitures incure,
. undor the said act; but every sue


proceeding may be continued TO its 6na


consummaiion in like manner as if this aC


had not passed.


e Mr.. Profit moved TO reconsider the vot
II by which the bill was passed; but
'f The chair decided that the motion of MI
Fillmore to 60 into committee on the Arm
of Bill was first in order


On this the question was taken and ds
N cided in the negative.


3 So the House went into committee, an


The bill was read through; and after som
Is time spent therein the committee rose.
Of Mr.. Profit moved reconsideration of II
IN vote by which the bin was passed.


Mr.. Cushing obtained the floor on th
p motion, and the House adjourned
le WASHINGTON, JAN. Is.


Tn The Senate to-day, ;he Oregon Bill Wi
IN discussed at length, occupying the whole
g the day. Mr.. Benton repliedto Mr.. Choa
lie and Mr.. Choale rOJoined.
10 In the Honse of Representatives to-da


Mr. Briggs, of Mass, asked leave to inIr
as duce bill to authorize the Chief Clerk


the State Department (Mr. Fletcher We
I'd s;eD to frank documents, &C., sent fro
as that department.. The House would n
nt allow its introduction.


BY Mr.. Cushing, from the Committee on FC


eign Relations, reported bill providing
AT The execution of the late treaty at Washin
tt ton. After explaining the objects Of {


Bill be moved to refer it to Committ
sw Of the Whole on the State Of the Unio


Which was ordered accordingly.
te. Mr., White, of Indiana, offered a reso
w ton instructing the committee on the Pc


Office TO inquire into the cxpediency Of
OF tering the Post Office Law so as to alk
mt the transmission Of newspapers at a redl


ed rate Of postage, which was adopted.
ay, The bill to remit Gen. Jackson's fnszV
ne taken up. Mr.. Hunt, of New York, spo
ell against it, and in vihdicaiion Of Judge HI
er. Mr.. Gushing made motion to reconsit
So the vote to repeal the Bankrupt Law. AT
lu- some half a dozen long speeches on the 81
cal ject, the House adjourned.
re- ~