The sub-treasury bill was first taken up and promptly passed and signed. Benton, of course, led the hopeless fight against it, making a long and elaborate speech, insisting that the finances were in excellent shape, as they were, showing the advantages of hard money, and denouncing the bill on account of the extreme suddenness with which it took effect, and because it made no provision for any substitute. He also alluded caustically to the curious and anomalous bank bill, which was then being patched up by the Whig leaders so as to get it into some such shape that the president would sign it. The other three important measures, that is, the bank, distribution, and bankruptcy bills, were all passed nearly together; as Benton pointed out, they were got through only by a species of bargain and sale, the chief supporters of each agreeing to support the other, so as to get their own pet measure through. "All must go together or fall together. This is the decree out of doors. When the sun dips below the horizon a private congress is held; the fate of the measures is decided; a bundle is tied together; and while one goes ahead as a bait, another is held back as a rod." The bankruptcy bill went through and was signed. It was urged by all the large debtor class, whose ranks had been filled to overflowing by the years of wild speculation and general bank suspension and insolvency. These debtors were quite numerous enough to constitute an important factor in politics, but Benton disregarded them nevertheless, and fought the bill as stoutly as he did its companions, alleging that it was a gross outrage on honesty and on the rights of property, and was not a bankrupt law at all, but practically an insolvent law for the abolition of debts at the will of the debtor. He pointed out grave and numerous defects of detail, and gave an exhaustive abstract of bankruptcy legislation in general; the speech gave evidence of the tireless industry and wide range of learning for which Benton was preëminently distinguished.