New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-02-10
CURRENT TOPICS AT THE. CAPITAL.
REVISION OF UNITED STATES sTATUTEs.


The bill to supply omissions and correct errors in
the revision of the laws reported by Judge Poland
to-day from the Committee on the Revision OF the
Laws and passed by the House, was intended sim
ply to restore the laws to what they were before the
revision took place. No work of equal magnitude
with that of the late revision Of the laws has ever
been undertaken by any Congress While there
have been some complaints that changes were made
in existing laws the wonder is that In reducing the
II volumes of Statutes at Largo to the more con-
venient and comprehensive form of the revision
more numerous mistakes were not made. The work
it is completed seems to meet the approval OF the
best lawyers, who speak i'll the highest terms not
only of the labors of the Commission in the COM
pilation, but of its thoroughness and wonderful
accuracy developed in the examination of their
work made by the Committees of the two Houses
The complete revision with very full and carefully
prepared iDdices and notes. will be ready for disrl-
button in q short time, and will be sold at an ad.
vance of only 10 per cent upon the actual cost OF
manufacture by the Government
ONE PACIFIC RAILROAD TRYING TO PAY ITS
DEBTS.
good deal of attention aroused by the PROPOSE
tion said to have already come informally from the
Union Pacific Railway. to secure an agreement with
the Government whereby it can pay off its existing
obligations by means Of sinking fund, to be formed
by contribution of S500,CO0 q year from the Com
pany, the money to be kept at interest by the
Government and TO be held against tho
Company's indebtedness on mortgage bonds which
do not mature until toward the close of the cen
fury. The company would look for its advantage in
this transaction in the stoppage of the heavy accu-
mutation of interest against it, and in the final dis
position of the question, which it has consid-
cred as heretofore affecting the value Of
its securities concerning the precise nature and
extent of its obligations to the Government The
Government would get its advantage IN the shape OF
an actual half million Ill hand annually toward the
payment of the twenty-seven or twenty-elght mil
lions which constitute the entire amount 1t advanced
A number OF prominent men in the House are SAID
to favor the scheme.
LOUIsIANA's CONTESTED SEATS IN CONGRESS.
The House Committee on Elections have been
furnished with additional testimony, figures, &c.
with reference to the contest for the representation
of the State of Louisiana at large. Notwithstand-
ing the fact that Mr.. Pinchback has withdrawn his
claims, leaving the field clear for Mr.. Sheridan, the
Committee are still required to go through the case
inst the same and decide way or the other. The
Chairman regards it as very important, as bearing
on the recognition of tho Kellogg Government. 1t
il believed by members of the House that an ar
ranpement NAV have been made between the con-
tesrants to divide the salary between them, as COL
Geo w Carter of Louisiana is the counsel for Mr.
Sheridan in the House. and for Mr. Pinchback in the
Senate. The case of Messrs. Lawrence and Sypher
is one which also excites suspicion. When the con-
test first began the latter showed the greatest acuv
ity and anxiety but now, toward tue close OF the
term he marifcsts an utter indifference as to
whether he is unseaed or not. Should Mr. Law
renee be seated he would draw nearly Slo,Vp, anu
Mr.. Sypher would not DC Iequlleu w ietuiu ihe
amount he has received
SECURITY IN PRINTING GOVERNMENT IssUEsI
The printing of the Government securities and
bonds QrepnD9cka.
bank notes. fractional currency, &C., again the
subject of consideration to-day in the House Com
mittees of Banking and Currency and in that on
Approprlatons From the former Committee there
will be two reports by Mr.. Maynard, aud ono by
Mr. Phelps, but it is yet uncertain which the Com
mittee will adopt. Mr.. Maynard's will We in favor
of printing in the Treasury Department ell postage
and revenue stamps now printed by private con-
tract and of making all impressions on securities,
currency, &C. except one, in the Department. The
report of Mr. Phelps will say nothing about stamps
and fractional currency but VIII favor two impress
sions 10 be made outside the Department. The APP
,IronYiation Comm ttee decided to report to the
House in favor OF three impressions on all Govern
meut Obligations; two impressions 10 De printed
outnde the Department aud one inside me sum
agreed upon by the Committee is about the same
was appropriated last year, with slight increase for
paper and material.
THE PRESIDENT ON THE CIVIL RIGHTS BILL.
During the discussion of the Civil Rights bill last
session, the President said that he would veto any
hill which provided for mixed schools. 1t is now
known that if the bill which recently passed the
House should reach the President, he would sign it
and he said to-day that be would even be willing to
20 further as he is fully convinced that some
decisive legislation is necessary, or the eoloIed man
in large portion of tine country Will fan into
state having all the evils and lacking only the name
OF slavery.