France's New President

The next day after M. Grevy's resigna tion as president of the French republie tbe election of his suceessor was undertaken a raid the wildest excitement. M. Sadi-Carnot was elected president Of the republic by tbe flrst ballot taken in the congres, which wa3: M. Sadi-Carnot 108; M. Ferry, 312; Gen. Saussier, 148; ü! :1e Freycinet, 7(, Gen. Appert, 72; M. BrUson, 2l; other candidates, 36. The announeement of AI. Kadi-Carnot's election was receired with cries of "Vive la Republique." M. SadiCarnot, without uaving been particularly coaspicuous, is a man of unilmiable abilities and irreproachable characcer. He comes of an old family. His talher, Lazore Hippolyte Caruot, was a leader of the Krencu democracy, who declared himself a republican in 1377. Alter the French revolution he was made minister of public instruction. In l(St3 he was made aineniberof the corps legislat.il', bat was defeated in 18Ö9. He was returned to the assembly in 1871. Sadi-Carnot is of a melancholy disposition, and his qualities are honesty and great wealth, which would free him froni the temptations that have indirectly brought about the fall of 11. Grevy. Inter-State Conimoixe. The first annual report of the inter-stat cümtnerce commissioners asserts that tha act isnow in operation in all parts of the country, and has been fouud generally beneflcial, railroad earninjs increasiag, whüe tariff rules have been reduced. The commission holds that express compunie? connected with railroads come within the province of the act, but expresses a doubt as to the liability of express companie independent of railroads. S eeping car companies, live stock car companies and oil companies that transport in tanks, tho (.'Oiniiiission think are hable to discrimínate, and the attention of congress is called thereto. The commission announces that siiice the law went into effect the Eooling of freight and railroad earnings as stopped, and that tbe more serlous evils of which the people complained have ceased to exist. _