Evening star. [volume] (Washington, D.C.) 1854-1972, 1877-09-06

NstrspaP, Ccr7po1y,-DOt to that OF any individual.
" No Anonymous communications read. No re-
tected communications returned
-
The Business Look.
The rise In stocks lately has been attributed
on one side to the more buoyant aspect Of
business affairs, and on the other 1t Is in
sisted that the upward movement is merely
stock jobbing affair in which the "bulls"
have for the moment the best Of IL. Iester-
day the stock of the Baltimore and Oaio rail-
road went up to $50 per share, an advance o.
SIS from the last quotations and of so from
its lowest fall. IL was alleged lately that
Mr.. Garrett and other leading stockholders
realized on a large amount of their stock
when IL was at its highest, and that they
have lately been operating to depress it to
enable them 10 buy In again at a low figure,
and secure a controlling amount in season
for the next election OF directors. Whether
this was true or not IL has always been
mystery how IL tumbled down so suddenly
from the first rank in American railroad
stocks to one of thelowess, and il will be now
bard TO explain, or any other theory than
that above indicated, why II has shot up
again so suddenly. Should, however, the
general stock market be sustained for any
length OF time 10 viii give considerable as
surance That the rise is not altogether specu-
lative, but "a genuine symptom OF healthy
business improvement throughout the coun-
try.
The Pennsy lvania republicans. with or
without The consent o. Simon Cameron,
made moderate endorsement Of 1.-The pol
icy" The platform is strong in demanding
the reconciliation of silver and making il
a fun legal tender equal with gold.
The death OF Thiers W rs a temporary blow
to the French republicans, but they are to-
strOr g with the country TO have their success
at the coming election depend upon the life
OF any one man. 1t is tue that Gsmbetta,
the DeXt most conspicuous of the republican
leaders, i viewed with some distruSt by the
conservative republicans of the middle class,
as too radical and brilliant 10 have the con-
duct Of affairs; but Gambetta has shown the
tact and wisdom TO promptly disarm this
feeling by putting forward NJ. Grevy, a re-
publican OF the solid conservative type of
Theirs, as the party leader. NJ. Grevy has
served with credit as president OF the Cham
Der OF Deputies, ard though not popular with
the masses in the way Gambetta is, he has
the confidence of the great body of the voters
who are counted upon to endorse the republic
can party contest against MacMahon.
Dion BOUcicault expresses the opinion
that the newspapers are responsible for
the decline OF the drama. Possibly But
he ought to have told the whole truth, and
added that the evil has been wrought By
praising the adapted efforts of Indifferent
dramatists, so called, of the modern school.
The falling off in the receipts for postage
stamps (s5OO-OOOI during the last fiscal year
ought TO open the eyes of Congress to the
necessity of readjusting the salaries of conn
Try rOstmasters or some other basis than
that Of the number OF stamps sold Toe
postal authorities attribute this falling off To
the legaliZed system of paying country posi-
masters a large commission on stamps sold
by then- A country postmaster, under the
present law, can visit New York and peidls
out 81 ,2DO worth OF stamps for 800, and thu,
earn $50 clear for himself, and enable mis-
purchasers to save a like amount, while the
postal revenues would be cheated out of 500
Probably the best method OF paying such
PoStmasters would be on the number OF
stamps actually cancelled in their Offices.
Connecticut viii hold town elections nex.
month under the new law allowing minority
representation in the boards OF selee:n IN.
assessors, Gc..-that is if the law shall be de-
cideo 90 be constitutional, OF which there is
some quesi.on. In Pennsylvania 1t was
found that legislative acJ vas not enough
10 secure the minority principle OF represen-
tation, and the constitution of the state was
changed TO accomplish II.
The Russians seem TO be having their day
now, and have apparently succeeded, not
only in repulsing the Turkish attack on their
line Of communication between the Danube
and the Balkans, but have also dispossessed
the Turks of some positions Of strength. Up
20 this time the run Of reverses and success
ses huctuates too evenly between the com
tatants 10 allow either side TO make any
claim TO victory; but il mus, be remembered
that Turkey Is much less able than Russia
10 stand defeats, or even a line OF partial
successes That only serve TO weaken her
beyond recuperation, without crippling her
adversary In anything like the same proper
ton In ether words, Turkey cannot stand
for any length Of time VIVA. General Grant
would call the pounding process OF annihilat-
ing the army OF an adversary.
After all does il make much difference to
the country whether the President OF the
United States spends his summers at Long
Branch or in junketing tours all over the
Isnd? Just where does the reform come in,
Is what the innocent voter will be wanting 10
know presently.
Maine holds its election on Monday, the
10Th instant. governor, members OF both
branches OF the legislature, and county off,
Gers Will be elected. The last leg, stature was
republican by twenty-seven majority in the
senate and eighty nine majority in the
house The republicans have renominated
fCr governor Selden Common, OF Augusta;
TIE democratic candidate is Joseph III. Will
Hams, Of Augusta; the greenback nominee
is the Rev. II. c. Munson, of Skowhegan.
The republican majority for governor in
1s16 was HAS.
The democrats OF Montgomery county,
Maryland, not succeeding in getting their
favorite, Hon. Montgomery Blair, in Con-
gTess, lowing 10 the selfishness OF the upper
end OF the Congressional district) have de-
termiDed 10 have the benefit OF his services
in the state legislature, AMI have nominated
hmm for the House of Delegates.