New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-02-26
CURRENT TOPICS Al THE CAPITAL.
FIVE HUNDRED MILLION, or NEW NOII~

WA-uIs1GoS. Monday, I-b -. l~7-.
Mr.. Shcllcy introduced bill III The lIousct o.
day authorizing the s-r Of United states notes. ana
providing FOR the redemption OF certain United states
bonds and for other purposes. The bill proposes TO
direct The Secretary the Treasury u Issue Sj0oo0o
600 Treasury notes not less than ESQ 600
than SIODOOO,0OO To bc Issued in any year. the
notes be receivable in payment OF al dents, pubic
and private, of the United states, except customs
duties aud United States bonds and notes payable
IN coin The bill proposes To authorize tbs secretary
70 purchase coin wIth said notes. and with the coin
deem outstanding United states bonds; when the prem
ai on , Trv 9trs then fr secret ,rv f. be- author
iOnu' III IIta'3 ~ 800 III, ,ti ,nts ,,, INCL
the .aIc provided that not less than SJoDUD,OuO "i
said bond. Shall be redeemed in any wear. Accord
inc 10 This hll the Secretary OF Treasury f. also 20
use the gold hand ~ the treasury for the purpose
Of rlrenng outstanding Government; bonds provided
that N redecmlng bonds under this ac preference shall
given TO bonds having the largest rate OF Interest ana
the shortest time TO run.
A TREASURY ORDER As TO TRANSFERS.
A circular has been issued by the Secretary
Of the Treasury In regard the closing OF the books of
his department 20 the transfer Of registered stock II
states ant thereafter the books Of this department Will
be closed the transfer " all registered stock OF the
per cent funded loan Of ISL on the evenings of the 10Th
Of January. April July and October, and rcopened for
the transfer and exchange or stock on the morn
tngs OF the 1T Of February, May, August
aud November. Stock issued exchanges and
transfer. between the 1lth Of January APRIL July and
October, and the lot days OF the next succeeding
months will bear interest from February /, May /, An
cust l. and November /. flc may be- For trans
f az REGISTERED stock of the per funded loan Of
1901 the hooks VIII close The evenings Of the 10Th OF
February May. August ard November. and b. reo"ned
an tir inoruiugs OF the LIST Of March, Jane September
and December The same provision Is made in regard
To Issues during the time the books are closed For trans
fers Of tie per cent consols Of 1907, the hooks viii
close on the evenings 81 the Oth OF March, June, sep
tember ana December and be IsoIcnc FOR trascr ana
cxcuangc the mornings Of the LIST Of April July DC
tOber and January.
AN AIR LINE ROAD TO MEXICO.
Representative Shelley, Of Alabama, intro
duced bill to-day granting charter TO the New-iork
and Mazatlan Air Line Railroad Telegraph and lnlm
grafton Company. II provides for the organization of
corporation to lay out and construct continuous line OF
railroad and telegraph from NewY0rk 10 Fort Mcintosh
on the Rio Grande, via Washington City, Richmond,
Va Atlanta Ga, Selma. Ala, NewOreans, La, Hous-
ton Tex and Fort Mcintosh with the privilege OF con
structing and maintaining branch air line from about
Carlcston c. To Norfolk Va, subject Ia all the IriVl
cs and innuIitIes OF said grand trunk line The capi
t sock il not TO exceed 600 900 900 and $40 600 900
OF shall be subscribed In shares OF 5000 cac
before organization. The bill authorizes the Secretary OF
the Interior appoint five commissioners to act In con
junction with those organizing the corporation.
TIE BRIsTOW MULES.
The Supreme Court OF the District OF CO.
umba IN General Term, to-day decided the case of tho
United States ex rel McManus against Moore. Brstow
and Others this being the celebrated Kentucky mule
case. Judge Humphreys delivered the opinion OF the
court affirming the Judgment Of the court below Circuit
Court held by ChiefJustice Cartte In sustaining the
demurrer Of the defendant TO tho declaration, holding
that the Court OF Claims having passed the clam,
they had full jurisdiction OF the Judge Macarthur
also read opinion c0ncurrng Ia the alrmunce OF the
Judgment IN which he said, "Conaress regards tho
Court Claims one In which the Judgments are con-
elusive"
COMMISSIONERS TO PARIS.
Upon the recommendation of Governor
Hampton the President has appointed W., J. Laval and
Thomas c. Clemson TO represent South Carolina as Hon
orary Commissioners at the Paris Exposition. W. C.
pepcher Ia amounted Commissoneron the part OF New
T.Yc0 The following were also appointed on the nom
NATION OF the Governors Of their respective states:
Frsderick ROBBIE OF Maine; Felix LabOuvc and f. Il;
Withheld Of Mississippi and j. Sterling Morton ana
GharIss II. Daway. Of Nehrasla