Editorials.

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      This article presents information regarding political and economic developments in the U.S. Tennessee has just given decisive evidence of the comparative unanimity with which the newly enfranchised voters at the South support the Republican party, and has effectually dissipated whatever hopes might have been entertained by politicians of the Democratic party of a division and neutralization of the colored vote. A French economist declares objection to wages, on the part of French workmen at least, to be their false notion that there is a certain social degradation in living by them, and then proceeds to show, which is, of course, not a very difficult matter, that payment in wages is, per se, as honorable a mode of payment as any, inasmuch as wages are in reality simply the sum for which the workman agrees to sell in advance his share of the products of labor and capital, making due allowance for the guarantee against all risk which the capitalist gives him.