Hie Weather Today: i FAIR. The News and Observer. VOL. LII. NO. 80. aiOO fcipfift) ©ffiTODßofiffl UDaBOy fPsDMip® dod ®®{l[}d Kl®\w® aiood] ©B[p©Qoofflfiß®oo DOES MORGAN SEE DEFEAT'S SHADOW? Significant Remark as to the Panama Project- PRESENTBANKRUPCYLAW Minority in House Make Futile Effort to Bepe&l It. THE SPOONER BiLL FOR RECIPROCITY rpublican Members of the Senate Committee en Cuban Relations Accept It. Resolu tion as to Moniy Paid to Thurber ' Favorably Rep irted. (By the Associated Press.) Washington, June 17. —Tbroughtout to day’s session of the Senate the Isthmian Canal question was under consideration. Speeches were delivered by Messrs. Per kins, of California; Gallinger, of New Hampshire; Stewart, of Nevada, and Morgan, of Alabama. Ail advocated the adoption of the Nicaragua route, except Mr. Gallinger, who made a forceful argu ment in support of the Panama route, and who said his investigations con vinced him that the Panama route \\a3 the more healthful of the two. The arguments of the Senators in sup port of the Nicaragua route were made especially on the ground of feasibiliry and business wisdom. Mr. Stewart and Mr. Morgan both contended that the health conditions in Nicaragua were su perior to those in Panama. Mr. Morgan said there had been raised no “false cry’’ about the health condi tions in Panama. It had been shown by the experience of “all mankind” ihat 1 .mama was one of the most unhealthful places on the face of the globe. A remark made by Mr. Morgan was re garded as significant, as possibly fore shadowing the result of the vote on Thursday. Referring to the alleged wrong doing by the Panama Canal Com pany, he said: “The people believe it now; and when this substitute is passed they will know it.” Sills by the Judiciary Committee. (By the Associated Press.) Washington, June 17.—The House spent the day considering bills reported from the Judiciary Committee. By far the most important measure was that to amend the existing bankruptcy law. The minority made a vigorous effort to re peal the present law in toto but were overwhelmingly defeated—6s to 137. The bill passed amends the law in fifteen particulars to meet defects which ex perience has proven. The most im portant amendment is one to define pre ference to meet the Supreme Court de cision in the case of Pirie vs. The Chicago Title and Trust Company. Four addi tional grounds for refusing to discharge in bankruptcy also are added: First, ob taining property on credit on materially false amendments; second, making a fraudulent transfer of property; third, having been granted or denied a dis charge in bankruptcy within six years, and fourth, having refused to obey the order of the court or refusal to answer material questions approved by the court. Messrs. Clayton (Ala.) and DeArmoml (Mo.) opposed the bill, the former in tho calling tho present bankruptcy law a drastic and oppressive measure. An evening session was held for the con sideration of bills reported from tho In dian Committee. 1 he Spooner Reciprocity Bill. (By the Associated Press.) Washington, June 17.—The Republican members of the Senate Committee on Cuban Relations today finally agreed to the acceptance of the Spooner bill pro viding for the reciprocity with Cuba and decided to ask that a conference of Re publican Senators be called for tomor row night to consider its terms. This conclusion was reached at a meeting of the Republican members of the commit tee today- The text of the bill was made public. It is a substitute for the House bill and provides that when the Republic of Cuba shall have enacted preferential customs duties in our favor th«, duties levied upon Cuban exports to th« ■ United States shall be eighty per ceutum of the Dingley tariff for a period of five years. The bill provides that it shall be the duty of the President to thoroughly investigate whether the tariff concession provides for inures, so far as the articles of sugar and tobacco are concerned, to the benefit of the pro ducers o fsaid articles in Cuba, and if the President shall be satisfied from such investigation that the substantial benefit of such concession upon either of said articles is inuring to the purchasers thereof, individual or corporate in the United States. The original rate of duty shall be collected upon such ar ,kles - *