The Sale Of The Atchison, Topeka

and Santa Fe Railroad for $60,000 000 te tJhe largest financial transac tion that the country has known since the last sale of government bonc to make good the loes oí revéame un der democratie rule. The Adama and the Quincy families are still in evidence in Maesachusette. A Quincy was recently elected mayor of Boston, and Charles Francis Adame II., a great great grandsou of President John Adams, 1s the new mayor of the town of Qutncy. The Niles papers assert that LaSal'e the great explorer, discovered that town 216 years ago ! What a discovery ! It must have been shocking.' That probably accounts for nis Bicknoss and death shortly afterward, the cause for which has always been a mystery. The latest census bulletin states tliai there are 70,722 persons in the state 01 Michigan over ten years of age, wtio can neither read or write. Which fact is not a cheering one to contémplate. Michigan, with the best and most complete school system in the Union, and then ignorance abounding In such a degree. The turnble in Kaffir stocks oetween August and November amounted to $390.000,000. If Euglish frieiuls had dropped this immense suin speculating in the United States tlieir commente would be loud as well as deep. Put South África is thelr own ereation and they wlH make little noise about bad investiuents in fchat quarter. The last republican administration paid off $259,071,960 of the public debt, reduckig it from $844,100,220 to $585,034,260. ünder the present administration it has increased by $162,327,700, the total now standing at $747,361, !)60. There is argument enough in these few figures to settle the presidential contest oí '90. The United States ariny reorganization bill introduced by Senator Sherman proposes to reduce the infantry and cavah-y and greatly aerease the aitillery arm of the service. It is tbought by military authorities in Europe that most of the battles of tlu; future will be decided by the rapid and concentrated work of the artillery. The story of European rule in Amercíi, has been mainly one of oppression vnd bloodshed. England treate Canula with moderation because the United States taught her a esson. liut Cuba i.s still inthe toils, and the tyranny of ioreign government is working her vuin. Tlie Monroe öoctrinp means that there has already .Kien too niuch of this curse laid upon the people of the New World . iV o' the Atchison, Copeka and Santa Fe Raüroad can not Ie regarded as a mortgage foreclosure, strictly speaking. It is in reality the eubstitution of new seurities for old ones, -n-itliout any change of ownersliip. Tlie par vahío .of the old aeeurlttee is $:534-, 000,000, and the u.uket vaiue $125,000,000, and they iré to be exchanged for a lai-ger imount of new stocks and bonds vhich are expected to be worth more m account of the improved ondition tí ilie property under the reorganizar ion The official returns of the state e'ecioi: In Massachusetts show that out of the 575,000 womea entitled to egtóter and vote on the question of qual suffrage, only 23,068 went to the polls ; that in forty-eeven towns not a -noman vqted, and in 138 towns heil' vote averaged only 15 ; and liat in not a single) county or disrict was a majority given lor the propoaition. It Is quite evident that ho women of the state most noted or their education and inteüigence are williug to rema in "enslaved" so ir as political power is eoncerned. Whateyer Englishmen nay claiw lor heir system of free trade, they are ilent when a.sked about its effect on armere. The demand for landed esate in England is now extremely iS'Ht. Tlie number of acres sold at h London Auction Mart, in 1875 vax 95,894, but buyers have dwinUmI. and only 11,518 acres were boïd ast year. The price per acre in 1875 was L52, and in 1885 it iils L32, and in 18J4 leeg han L25. A Loss in landed values ■aluüs of one-half in twenty years is tartling. it is a good subject for ir. Bayard to think about now that ie has been called down in his gush of flattery for Englaud and abuse of the politics of his own country.