New-York tribune., 1874-01-28

10 bu,ld national shipyars, into which an ola speeo"
OF senator Cragin was Incorporated ana % eo'erd erda,
OF The Senate rho trouble with the memorial in ques-
tfon was that " charged dishonesty ana ,an
millions OF money out or the United states @ IN
an'' IL now ASKING for The investigated Tue ~
tenders OF THIS RING. TIE friends Of senators Conleng
to sd am %no G sPf9 pasc as are much
gleved at the course those Senators have taken III ''
matter.
THE GROWTH OF TIMBER ON WESTERN PRARiEs
NnmeIou, petitions before the House Commit'co
ON Public Lands for o modification of the law passoa
Last session to encourage the growth OF timber on tno
Western prarics This law grants 1Go acres OF '"u "
any who will plant upon 40 acres OF timber anu
keep the In growing con iition for 10 years
requires tho settler tO through the whole process OF
breaking up the ground and planting the trees withh
year from the entry OF the land The settlers say
that year Is not time enough to set ground which ~
covered with thick prairie turf IN proper condition
for the growth OF young trees and they ask tae al
amendment be passed allowing more time for the com.
to-day Ivy tho Committee which provides that, when
quarter section of land ntcrcd under the provisions
OF the la 10 acres shall be broken up rst year and
10 each subsequent year until tho required qiantty -
ysaT when 10 acres shall be planted and
every year thereafter Lots OF 80 and 40 acres may po
obtained by planting proportionate area OF trees
THE FINANCIAL QUESTIONS
The Ways and Means Committee to-day disposed OF
the proposition which has gained more or less notore
through the advocacy OF Representative Kelley OF Penn
sylvania, for the Government to issue convertole
bond bearing interest at S66 per cent Judge kelleys
bin has been considered by both the Banking
and Currency Committee and tho Ways and
Means, in neither OF which 10 received any
favor OF the latter committee. all the members
being present, takon Today on the BILL and the vote
was to ?, Keeys and shedon's being tho two favor.
able votes. 1t expected that financial matters
would come up in the Houeo on Thursday, as
Mr. Dawes had decided, bat inasmuch as tho
at that time 1t is not likely that financial subjects wl
occupy the House during tho present week MI Dawes
anxious however, to obtain acton on tho Coinui-
tees bill making tho &iOOO,oc0, now known as tho re-
serve part OF the circulation OF the country There Is
little DOUBT that Wall promptly pass Doth HOUSES whoh
a vote is reached.
NEW PACIFIC RAILROAD PROJECT.
It wouid naturally be supposed that tho embarass-
OF the Northern Pacific and Texas Pacific Railroad
companies would prevent, for many years to come tho
organization Of projects for constructing other ranscon
nenta nes This docs appear to be tho case, how
ever. for to-day. Mr.. Houghton OF California re-
ported for printing and reoomDital bill which
has been agreed upon by the Pacific Railroad Com
mi, tee charteringa company to build o road from
hrxansas TO san Francisco The route indicated is by
way OF the valley Of the Arkansas RIVER To- the ROCKY
MoUntan through the Sangredc Cristo Pass into the
San Luis Park, thence the second range OF the
mountains the Ro Colorado, and thence, by the most
convenient route, to San Francisco. The corporaors
mainly citizens OF Arkansas, Missouri, Utah, ana
ArKansas OK REPRESENTATIVE Henry r. Blow Of Missouri
and Of Brigham Young. Toe right Of way
across the pubic lands is all that the bill asks.
AN ExTRAvAGANT EXPRESS CONTRACT.
The House Committee expenditures 10 the Treasury
Department looking into the extraordinary aud ex
travagant contract made with Adams Express Com
pany which the Company gets 10 cents on every Soo
OF bopds bank notes. greenbacks, and fractional cur
rency, which Ia partially printed IN EewYork and sent
here be finished In the printing bureau OF the Treas
ury. The Committee have discovered that In ono n-
$4,000 paid for the carriage OF package OF
bonds which could have been put in - common-sized
satche. When the new bonds sent 10 the syndi-
in London they ntrusted to the care OF few
Treasury CLERKS. These bonds completed and
ready for delivery. while those that from New
York would bo Of value lost or stoen because the
printed; and yet the Government - made
TO pay more get them from New York than Vt would
cost send company OF soldiers escort for
every package that IL shipped.