Democratic Sentinel, Volume 11, Number 46, Rensselaer, Jasper County, 9 December 1887 — THE FOREIGN BUDGET. [ARTICLE]

THE FOREIGN BUDGET.

The Congress of the Senators and Deputies at Versailles, France, elected M. Sadi-Carnot to succeed President Grevy. The successful candidate is a Republican who has been prominent in politics ever since the downfall of Louis Napoleon, but his influence in his party uas been far inferior to that of his principal -ivals for Republican support in the contest for the Presidency. A Paris cablegram says: The ministry have formally tendered their resignations, and President Sadi-Carnot has requested them to remain in office for the present (or the dispatch of public business. The President stated that it was his intention, after the new ministry was formed, to at once close the present session of parliament until after the coming senatorial elections. Probably the result of the election is the best thing that could have happened for France. M. Sadi - Carnot is the second best known economical writer in France, and has hud practical public experience far superior to M. Leroy Beaulieu, the most famous economical writer. He is under 50; a Republican without being radical or visionary. He is a distinguished engineer, having headed his class at the Kcole Polytechnique, instead of being a lawyer, which in itself is a great thing; he is rich, and lives like a gentleman. He is not religious, but his wife is a Catholic. He has a 23-year-old son in the army. He is a free-trader. The newspapers of Paris generally approve the election of M. Sadi-Carnot and consider it an augury of peace. The telegrams from the provinces, without exception, testify to the satisfaction felt at the result of the election. The news created an excellent impression at the principal European capitals.