New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-01-28
CURRENT TOPICS AT THE CAPITAL.
REFUNDING THE COTTON TAX.
IBY TELEGRAPH TO THE TRIBUNE.I
WASHINGTON, Monday, Jan. q

WASHINGTON Monday, Jan. q, 1873.
test vote the refundng of the cotton tax was un
expectedy reached in the House to-day on resolution
offered by Mr. Mckee of Mississippi, TO instruct the
WAYS and Means Committee TO bring in bill for
the purpose People supposed that the agitation of
the question only bit Of harmless bancombe on the
part Of the Southern members please their consttu
ents were astOnshed at the result Of the vote and were
convinced that refunding scheme has acquired so
much strength as to make it exceedingly dangerous
seventysix members voted in favor OF the resolution
and Jos against it; change Of only Is votes would
therefore, have given II majority. There are ssOooOo
IN the project, making IL by far the biggest
Job ever brought before Congress 1t will be strange
II an active lobby, starting with 70 votes as the
trophies than two months work. cannot PICK up
q few more before the session closes The Southern
members all committed 10 the BILL because 1t benefits
their section 1t was not convince them of the
unconsttuonaty of the law evyng the cotton tax Not
only the Of the growing
also those from all portions Of the South not Immediately
interested in culture favor the refundng scheme
so that there solid vote 10 count upon from all the
old Slave States The efforts Of the powerful lobby
which is working to put the bill through are
concentrated upon Northern members. The vote
to-day, indicates that the following gentlemen
representing Northern constituencies have been
and ought 10 he refunded Messrs Acker aud speer of
Pennsylvania Duell, Perry, and Iuthl OF NeW-fork'
nnSe Of Minnesota, and Kendall of Nevada. The ques
fion was considered the Ways and Means Committee
this morning and agreed that an adverse report
should be made all bills thus far referred TO me Com
mtee to refund the tax leaving Mr. Becks bill only TO
keep the subject alive before the Committee rms on
was informally discussed without vote II is reported
that three members of the Committee favor H.
RUMoRs CONCERNING THE PACIFIC ROADS.
Washington is full Of rumors in regard TO what VIII
be the result TO pending investigations on the future
of the Pacific Railroads, but most OF them proDaoy
originate with iobbers who have some selfish end In
view AZ Il is not believed that any member of either
Committee has made up his mind as to what special
is needed One report that has been current
today il that the Central Pacific Company are DESTROYS
OF buying the Union Pacific, and they are ready 10
outbid all others take the road, guarantee lts
liabilities and meet all IT'S engagenehus, VIII
tockboders desire TO throw the Union Pacific Railroad
into bankruptcy. sell IL out and pay the nrst
Government buy up the road themselves ana thus
cancel the Government lien upon tne Iodu WIN el'
sum of money These are but samples OF the eAlraa
CANT stories hears everywhere IN Washington ABOUT
the use TO be made OF the Investigations.
THE GOVERNMENT AND THE PACIFIC RAILROAD
The form in which the Pacific Railroad interest ques
ton was disposed of by the Senate this afternoon Will
nrobaby be satisfactory both TO the railroad companies
and TO the Government As 1t finally passed. the anenu
meut directs the Secretary Of the Treasury TO with
ia nonob NJ the amount due the companies for trans
poration &C. to pay the interest due upon the ponds
lent 70 the roads, and also the 5per cent OF the net
earnings which is by law 10 be applied as
a sinking fund, and gives the companies d,
right for the amount 1nsy 81 snnea 70
the Supreme II also directs the court 70 sSo al
opinion not only on all Questions deeldeG Su tb Cavern
nent and gives the suit TO be brought VI al
others be brought In both Courts as mus % NJ
Trumbull believes that by the law lhe roaus arc
entitled to money; Messrs Morrill, Name, Ha arnr
who preferred the amendment offered ny the iorinef
andS