The following paragraph serves as a long footnote to Westminster Review’s “England in Egypt,” an essay occasioned by D. McKenzie Wallace’s England and the Egyptian Question (1883). Click on “Return” at the end of the paragraph to return to the main article. — George P. Landow
The announcement that the revenue of Egypt for the current year will fall short of the expenditure ought not, if the history, civil, military, and sani tar , of the year is remembered, to be a matter of surprise. But that the deficit will amount to two millions eight hundred thousand pounds (Egyptian) is a matter for serious regret. But it is not merely that Egypt cannot make both ends meet at present, there is a necessity lor undertaking further liabili ties, which will make this economic problem more difﬁcult in future. It is probable, although the Indemnity Commission has not completed its labours, that the claims gy foreign residents against the Government will amount to about four millions of pounds. The war expenses, which Egypt must neces sarily incur at this perilous juncture, will be another source of debt. How Egypt is to be exonerated from these ﬁnancial difﬁculties without the help ofg this country it is diﬂicult to see. That the position of solvency is not irre trievable we are certain, but it can be secured by means of a ﬁnancial read'ust ment which can only be undertaken with the active co-operation of England. We cannot, as Mr. Forster said at Bradford in December, “govern these Oriental countries merely by advice."
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“England in Egypt.” Westminster Review. 366-99. Hathi Trust Digital Library online version of a copy in the University of Chicago Library. Web. 13 August 2020.
Wallace, D. McKenzie. England and the Egyptian Question. London: Macmillan, 1883.
Last modified 29 August 2020