 Its effect was to cap to the actual security the maximal loss of borrowing for borrowers' bereaved families and reduce unscrupulous lending among lenders, lowering also their expenses of asset-tracing and frequently complex litigation.In the session of 1856 he was successful in obtaining the repeal of 120 sleeping statutes which were liable to be put in force from time to time.He also waged war against the statute law commission, and more than once denounced it as a job.