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THE REFORMATION OF LITERATURE. "The senate at Albany has already passed the bill which we reproduce in full herewith. says the New York Sun : •• *A person who. by writing or priuting. or by circular or letter, handbill, placard, chart, summary, telegraph, telephone, news ti.ker. or am other method, advertises or publishes anv statement setting forth the betting otlds which have been offered, whieh are being offered or which are expected to lie offend upon the result of any trial or contest of skill, speed or power of endurance of man or beast, whether held within or without the state, or upon the result of any lot. chance, casualty, unknown or contingent event whatsoever. wheresoever the same may aet -ur. or who cither before or alter such trial, contest or event shall take place advertises or puh-lishs any information, account or report concerning the terms of any pools sold or offered for sale, or of any ln-ts or wagers made or offered to he made within or without the state, upon any such trial, contest or result, or with reaper* to any tips given or prognostications made concerning the same. or who advertises or publishes any advice as to such betting odds, or which is designed to facilitate pool selling. iHiokmaking or the making of bets or wagers ii|ou such trial, contest or result, is guilty of a misdemeanor. " "We direct the attention of the book publishing trade to the provisions of this measure. Intler its terms the highly respectable head of a highly respectable publishing house will be liable to prosecution and may be sent to a penitentiary or comity jail for a year and fined O0 If he dares to publish an account of any historic sporting event, such as a race, a prize fight or a .jumping contest, and includes therein a record of tint wagers Bade on tin-result. "The publication of memoirs containing references to famous bets will become a dangerous business. "The elimination of many famous paaeagea in a number of interesting historical narratives will be necessary if tliev are to be sold in this state. "The intimate stories of the lives of certain of the most famous men in history must be re-written if tbeir publishers and venders are to escape the long arm of the law. "The virtue, wisdom and independence of our h gislators continue to inspire the highest respect and the warmest admiration."