677. BANKRUPTCY, Agriculture, Commerce and.—
I find you are to be harassed
again with a bankrupt law. Could you
not compromise between agriculture and commerce
by passing such a law which like the
by-laws of incorporate towns, should be binding
on the inhabitants of such towns only,
being the residence of commerce, leaving the
agriculturists, inhabitants of the country, in
undisturbed possession of the rights and
modes of proceedings to which their habits,
their interests and their partialities attach
them? This would be as uniform as other
laws of local obligation.—
To James Pleasants.
Ford ed., x, 198.
(M.
1821)