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Revision as of 12:25:50, 7 January 2025 by Melaniehubbard
Revision as of 12:34:53, 7 January 2025 by Melaniehubbard
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The Khedive is convinced that Egypt cannot withstand the weight of the floating debt, because of the excessive interest that it pays, and is determined to make any sacrifice to extinguish it. On these truths, by now there is nothing to discuss; the financial downturns of Turkey have accelerated the necessity of a provision of the utmost urgency.
The Khedive is convinced that Egypt cannot withstand the weight of the floating debt, because of the excessive interest that it pays, and is determined to make any sacrifice to extinguish it. On these truths, by now there is nothing to discuss; the financial downturns of Turkey have accelerated the necessity of a provision of the utmost urgency.
Two financial groups have presented themselves, the first led by Mr. Pastré who represents the French membership, and the second led by Mr. Elliot who represents the English membership.  
Two financial groups have presented themselves, the first led by Mr. Pastré who represents the French membership, and the second led by Mr. Elliot who represents the English membership.  
The purchase of the shares of the isthmus, made by the English government at a time in which the question of the East became complicated, the offer to arrange a new deal for 15% of the income of that canal, the language of the English press and the manifestations of public opinion all made people believe that these financial operations hid political goals.
The purchase of the shares of the isthmus, made by the English government at a time in which the question of the East became complicated, the offer to arrange a new deal for 15% of the income of that canal,