THE NEW BANKRUPTCY ACT
(PER PRESS ASSOCIATION.) Wellington, May 15. ' The "P v et" statea:— •• We bare auiherlty for Btating that the Bill uhioh Government intend to introduce next b< ssion to amend the Bankruptcy Aot will provide for tbe Resident Magistrates doing a lot of the work wbioh la now performed by the Jadges of the Supreme Court. It is proposed, for Instance, that baukrapt* ohoa'd be sabj<oted to a puoll examination by Resident Magistrates, but io»vlng it to Judges of the Supreme Oonrt to deolde whether the Insolvent shall receive an Immediate discharge,
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